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Back to the Future: RPA Commissions Are Back

Wealth Management

Fiduciary RPAs paid additional fees from manufacturers or through proprietary products have no place in today’s transparent fiduciary world.

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Q2 2022 GDP Details on Residential and Commercial Real Estate

Calculated Risk

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were unchanged year-over-year in Q4 (down as a percent of GDP).

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Q1 2024 GDP Details on Residential and Commercial Real Estate

Calculated Risk

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were up 3% year-over-year in Q1.

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Q4 2023 GDP Details on Residential and Commercial Real Estate

Calculated Risk

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were down 5% year-over-year in Q4.

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CFP Board’s Fee Increase For Workforce Development: More Advisors Or Just More Sales Churn?

Nerd's Eye View

Insurance companies and broker-dealers in the business of manufacturing products and hiring advisors to sell them often dominate career fairs and job boards, frequently drawing in graduates of CFP Board-approved education programs.

CFP 246
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Q3 2022 GDP Details on Residential and Commercial Real Estate

Calculated Risk

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Investment in single family structures was $438 billion (SAAR) (about 1.7%

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Sunday links: cash under the mattress

Abnormal Returns

(nytimes.com) Home sellers in most countries don't pay a 6% realtor commission. rollingstone.com) Ammunition manufactured in a federal facility has found its way into the hands of mass shooters.