RJ and Makay

In a new blog on the financial website onwallstreet.com, writer Steve Sanduski describes 10 key activities of financial advisors who are million-dollar producers. The activities, pinpointed in a recent study by Peak Advisor Alliance, account for about 75% of the typical million-dollar producer's workweek. Here they are in descending order as they appear in Sanduski's blog:

10. Meeting with staff to make decisions, guide and motivate. You can’t do it alone and expect to have a growing million-dollar business. Top producers know the critical importance of having a sharp and motivated team.

Four former officials with Financial Industry Regulatory Authority each received between $2.74 million and $4.43 million in reportable compensation and benefits when they left the agency in 2008, according to the latest form the nonprofit self-regulator filed with the Internal Revenue Service.

As reported by OnWallStreet.com, the compensation levels included hefty retirement benefits that were the highest among the top current and former officials of 22 regulatory, industry and other municipal-market related groups.

Four in 10 workers plan to delay retirement, according to a survey of 9,100 employees by Towers Watson and reported in onwallstreet.com. Sixty-eight percent said they will also delay to keep healthcare coverage; 61% blamed the decline in their 401(k).

A majority of those polled are prepared to spend less in retirement, 34% are increasing their monthly savings and 63% are actively paying off debt to have greater peace of mind about future retirement and health benefits. By comparison, in 2009, only 19% were increasing their monthly savings and 33% were paying off debt.