People & Pay

The premiere FA Insight Study shows how the best firms get and stay that way: by investing in their people

...In 2008 about three of every four dollars spent by advisory firms was related to compensating or developing people (see Chart 1: Investing in People). People can be an overwhelming cost component for firms, especially in the current business climate. Much more than simply a cost, however, human capital is an asset that must be constantly invested in, nurtured, and allowed to grow in order for firms to enjoy long-term success...

Investment Advisor: People & Pay