A higher overall average rating in the “firm’s total compensation” category, as well as much higher scores for four firms, indicate that things are definitely getting better in the way advisors are paid (includes chart)
Firms have made substantial improvements in their governance of compensation processes
Canada’s strong financial services industry makes it easier for firms to compete for global talent
Hedge fund equity professionals are earning about half what they took home in the boom days of 2007
If you have your own financial advisory shop or have clients who are small-business owners, you might want to rethink how you or your clients obtain pay from your businesses. That’s the message from a new report issued by Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce’s private […]
Report examines methods banks use to link compensation with risk
Panel debates merits of improved disclosure of advisor compensation
Source: The Canadian PressThe average weekly earnings of non-farm payroll employees rose to $855.66 in July, a 3.9% increase from a year earlier and the largest hike since February 2008.Statistics Canada reports July was the sixth straight month for which the year-over-year increase was at or above 2.5%.The agency notes year-over-year earnings growth had been […]
There has been only limited progress at enhancing disclosure
Average cash bonus was $540,000