Wells Fargo has just lately unveiled its 2025 advisor compensation plan. The plan consists of various small modifications, that are designed to enhance the general compensation construction for advisors.
One of the important modifications is the introduction of a brand new tiered fee construction. Below the brand new construction, advisors will probably be paid the next fee price on property underneath administration (AUM) above a sure threshold. This modification is designed to incentivize advisors to develop their enterprise and enhance their AUM.