Compensation Survey
IBD Advisors Gripe About Fees

IBD Advisors Gripe About Fees

Nearly 37 percent of independent b/d reps agreed or strongly agreed that fees are becoming a bigger problem.

Independent broker/dealer advisors are getting tired of fees, according to WealthManagement.com’s annual compensation survey. When asked if they agreed with the statement “Rising fees such as ticket charges, technology fee, etc., are becoming a bigger problem,” IBD advisors scored an average 3.1 on a scale of 1 to 5 (5 being “strongly agree”). That compares with the industry average of 2.6. Nearly 37 percent of IBD reps agreed or strongly agreed that fees are

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