Wells Fargo has not too long ago unveiled its 2025 advisor compensation plan. The plan consists of plenty of small adjustments, that are designed to enhance the general compensation construction for advisors.
Probably the most important adjustments is the introduction of a brand new tiered fee construction. Beneath the brand new construction, advisors will likely be paid a better fee fee on belongings underneath administration (AUM) above a sure threshold. This alteration is designed to incentivize advisors to develop their enterprise and improve their AUM.