Atlanta (Aug. 18, 2003) -- Despite the tough economy, financial planning firms have increased both their staff and their total compensation for most positions during the past two years, according to a study by the Financial Planning Association, SEI Investments and Moss Adams.
Planning firms increased their full-time staff by 15 percent in the last two years, according to the 2003 FPA Compensation & Staffing Study. Increases in staff were primarily made in management, professional and support functions. The study included 512 financial advisory firms employing a total of 3,200 people.
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