From Financial Advisor IQ
Added on November 2016 in Join an RIA
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Summary: The annual mean wage of a personal financial advisor reached $118,050 in 2015, compared to $67,430 in 2000, according to careertrends.com, which compiled data from the Bureau of Labor Statistics. That places advisors in the top 10% among earners across all industries, Investor’s Business Daily writes.
From Financial Planning
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Summary: Compensation makes up the single largest cost for RIAs, according Schwab’s most-recent RIA Benchmarking Study, yet many firms do not have a well-defined incentive package in place to reward and retain talent.
From IRIS
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Summary: We’re rapidly approaching the end of the year and you’re all starting to realize you still have a great deal of work to be done! But, let me ask you: Does all of it have to be done?
From InvestmentNews
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Summary: As I reflect on my path, and that of other women on Wall Street, I have seen the good and bad. I am frustrated by the lack of progress in some areas, but encouraged by my peers, who have attained positions they would not have had when I started, or even 10 years ago. I have enormous respect for those women, because they had to succeed in a corporate atmosphere where merit can be less important than politics. In watching them, as well as reflecting on my own success, I have learned invaluable lessons.
From Harvard Buisness Review
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Summary: All CEOs will inevitably leave office, yet research has long shown that most organizations are ill-prepared to replace them. In this article, we review the most salient studies of succession planning and offer context from experts on the process of picking new leaders for organizations.
