Wells Fargo has just lately unveiled its 2025 advisor compensation plan. The plan contains numerous small adjustments, that are designed to enhance the general compensation construction for advisors.
Some of the important adjustments is the introduction of a brand new tiered fee construction. Below the brand new construction, advisors will likely be paid a better fee fee on belongings underneath administration (AUM) above a sure threshold. This variation is designed to incentivize advisors to develop their enterprise and enhance their AUM.