 “This is a move amongst big firms to call for a bit of a ceasefire to what has been an escalating bonus blitz.”
Brian Hamburger, President and CEO, MarketCounsel
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Wirehouses, RIAs benefit from bonus disclosure at expense of smaller B-Ds
Mason Braswell and Trevor Hunnicutt | InvestmentNews, March 2014
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Summary: A proposal advanced Monday by Wall Street's industry-funded regulator that would require greater compensation disclosure has exposed a chasm in the advisory industry, pitting smaller broker-dealers against large wirehouses and independent advisers.
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