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Compensation

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Asset Managers Must Adapt In Face Of New Challenges, EY Says

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Revenues are falling and clients are becoming more demanding, according to an EY report.

Goldman's Solomon Joins CEOs Taking Pay Cuts After Laying Off Thousands

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Executive compensation packages are in focus as top Silicon Valley and Wall Street CEOs slash jobs.

Ranks Of Quiet Quitters Climb As Layoffs Mount

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Surveys from Gallup and a human-resources association capture a hybrid workplace with growing confusion and distrust.

Dimon Says Remote Work 'Doesn't Work' For Younger Staff, Management

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The JPMorgan CEO also said remote work can “help women” with their caregiving duties.

Kitces 'Extremely Concerned' About Colorado's Treatment Of Subscription Fees

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The NextGen leader is meeting with regulators next week to ensure advisors charging planning-only fees aren't singled out.

Gender Pay Equity Progress Slowed By Family Leave, Study Says

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Family leave is disproportionately taken by women to the detriment of their careers, a new report says.

Inflation Means Big Raises Aren't Enough For Some Workers

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The job market has meant better pay for many Americans, but surging prices have eaten into the increased earnings.

Bonuses Shrink At Small Firms On Uncertain Outlook

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Year-end bonuses at US small and medium-size businesses fell 9.7% from 2021.

Here Are The Five Benefits U.S. Employees Want Most

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Benefits experts say employers need to offer more than a free lunch to find and keep workers.

Citi CEO Whisperer Nudges Wall Street Into Political Minefields

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Some of the measures she's endorsed aim to give Citigroup an edge in recruiting and retaining talent.

Most Americans Don't Think They're Paid Fairly, Survey Says

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These feelings have sharpened as record inflation has stressed budgets.

Wall Street Bonuses Duck NYC Pay Law Aimed At Fixing Wage Gaps

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The new law requires employers to make a “good faith” effort to post a salary range.

I Want To Be A Partner

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Reaching my goal was not a straight-line path.

Courting Advisors After Covid

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The broker-dealer recruiting wars have put the ball in advisors' court.

CFP Board, Charles Schwab Debut Diversity Scholarship

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The CFP Board's Center for Financial Planning has partnered with Schwab Advisor Services and the Charles Schwab Foundation to offer a collaborative scholarship.

Does Being A Fiduciary Depend On The Fee Model?

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Meet three advisors who each believe their fee model has the fewest conflicts.

Covid Underscores Lack Of Succession Planning In RIA Industry, Survey Says

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Staff attrition caused by the pandemic has made the lack of planning a more critical problem.

Understanding The Rule Of 40%

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The Rule of 40% is a solid way to think about the mix between the growth and profitability of your business

10 Questions That Prompt Clients To Provide Referrals

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There is a special way to ask, “Who do you know?”

Wirehouses Risk Losing 15% Of Advisors, J.D. Power Finds

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Independent broker-dealers face 7% advisor attrition over next two years, according to a recent analysis.

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