Dave Ramsey, the popular financial author and personality, initiated a Twitter firestorm by attacking a number of financial advisers who questioned his investment advice. Mr. Ramsey had some choice words for professional advisers, lashing out and even colorfully referring to himself as the 'big dog' that was 'biting back' at his vocal critics. Here are the juiciest tweets from the Ramsey-advisers exchange:
Managing editor Christina Nelson and senior reporter Mark Schoeff Jr. discuss regulations of consequence to financial advisers in 2018, and their likely timing.
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Don't expect a simple rollback of rules under the Trump administration in 2018 — instead, regulators are on pace to bolster financial adviser oversight.
Inflation worries, international rates pushing Treasuries yields higher.
A growing number of states are looking to pass rules preventing exploitation of seniors.
The firm said it lost 47 brokers in the fourth quarter, the most in any quarter of 2017.
Improvement reflect firm's shift of more clients into fee-based accounts priced on asset levels, which boosts results as markets rise.