ACORD
Short Company Name:
ACORD
Long Company Name:
ACORD
Company Type:
Trade Association
Web Site:
Phone Number:
845-620-1700
Fax Number:
845-620-3600
Year Founded:
1970
Ownership:
Public
Standards
Report Suggests Significant Changes in Financial Advisor Compensation
PriceWaterhouseCoopers ("PWC") released a report suggesting that the landscape for financial advisors may be shifting towards more objective, performance-based compensation. The report indicates that the financial advisor of the near-future may be compensated based on the long-term performance of client assets: In this increasingly competitive environment, compensation of advisers will change to reward long-term investing , with less money earned from short-term “ churning ” of...
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Obama Administration Proposes Fiduciary Standards for Brokers
The Obama administration's proposed financial services regulatory overhaul may have a profound impact on the way that investment advice is disseminated in the United States.
The administration's proposal would impose a...
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