2000
Repricing Brokerage
February/01/2000 PublicationRegistered Rep
Gathering assets and delivering advice for a fee are what count, and firms are rewarding brokers accordingly. Prudential Securities is a good case in point, instituting this year a higher payout for fee-based business. Last year, Merrill Lynch and PaineWebber both changed their compensation systems to better reward asset gathering and fee business. Meanwhile, fee pricing and commission rates are declining, Read more . . .