The purpose of this report is to provide readers with an initial understanding of financial advisor staffing & compensation issues, including staffing levels, compensation levels, benefit plans, & retention strategies. Since compensation & benefits account for the majority of the costs of most financial advisory businesses, these issues are keys to success. The focus is on building entrepreneurial organizations. This is the second draft of Tiburon's research on this topic.

Tiburon's first draft of this report was published in 2009; that draft consolidated prior Tiburon research into one report.

This is Tiburon's second draft of this report; this draft includes a revised introduction, a revised synopsis, revisions to the table of contents, improvements to the market segmentation chapter, and a new profile on Tiburon Fellow Turning Point.