By Years of experience
Via Michael Kitces
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Filed under: Experts Invited, Investing | Tagged: financial advisor compensation, Michael Kitces | 1 Comment »
By Years of experience
Via Michael Kitces
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Filed under: Experts Invited, Investing | Tagged: financial advisor compensation, Michael Kitces | 1 Comment »
| Salary versus a “Seat at the Table” | |
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Currently, there is much buzz in healthcare about physicians looking to take on greater leadership roles and move beyond traditional patient care responsibilities. And, there are many doctors with the inclination and ability to rise to the occasion; despite diminished salaries, fringe benefits and other financial incentives going forward in the era of health care reform.
The Financial Services Industry
But, is this the case in the [reforming] financial services sector in the era of Dodd-Frank, etc? Of course, physicians are a special class of “learned” professionals, and Registered Representatives [RRs], stock-brokers and/or related financial advisors [FAs]; not so much!
And so, do you think FAs are willing to delay immediate compensation gratification for a “seat at the leadership” table in their respective industry sub-sectors?
IOW: Are FAs willing to accept “purpose-over-pay” like some doctors and physician executives, today?
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
Filed under: "Advisors Only", Voting Polls | Tagged: "Purpose over Pay" for financial advisors, financial advisor compensation, financial advisors, RRs, stock broker salary | 1 Comment »