Transcription of Schwab RIA Compensation Report
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Schwab RIA Compensation Report
Advisor Services Schwab RIA. Compensation Report An addendum to Schwab 's 2020. RIA Benchmarking Study Media Contact: Meredith Richard Charles Schwab Public Relations Introduction Schwab 's RIA Compensation Report reflects responses from Schwab 's 2020 RIA Benchmarking Study, the largest study of its kind, and offers a comprehensive look at Compensation practices in the independent financial advice industry in 2019. Schwab 's RIA Benchmarking The Compensation findings enable firms to evaluate Study is the leading study how their approach to employee Compensation , incentives, in the industry 761 firms benefits, and firm ownership compares with that of participated in the Compensation their peers.
Total cash compensation ranged from $65,000 –$160,000 at the median. Total cash compensation, including owner profit distributions, ranged from $65,000 –$170,000. More than 55% of all investments roles receive performance-based pay. 80% of Paraplanners collect performance-based incentive
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