Compensation & Staffing Study

Employee Advisors Outnumber Owners, But Compensation Remains Unchanged at Advisory Firms

Date:

Employee Advisors Outnumber Owners, But Compensation Remains Unchanged at Advisory Firms

Author: Fórmate a Fondo

  1. A study performed by InvestmentNews and BNY Mellon's Pershing, identifies profitability, productivity, and compensation trends of most successful advisory firms
  2. According to the report, Advisor ownership used to define independence; however, today employee advisors now outnumber owner-advisors
  3. Salaries for employee advisors and other key positions remain virtually unchanged