Latest News

As Donald Trump takes office, watch for action on these adviser issues

January 15, 2017

The elephant in the room is the Labor Department's fiduciary rule, but other areas include broad health care and tax reform.

SEC hits Morgan Stanley with $13 million fine

January 13, 2017

Says wirehouse overbilled investment advisory clients due to coding and other billing system errors.

DOL encourages investors to ask advisers if they are fiduciaries

January 13, 2017

Agency provides a litany of questions for consumers as well as FAQs on technical compliance for advisers. (More: Want to see additional questions? Check out InvestmentNews' list)

Bank of America's Merrill Lynch reports a 1% increase in number of financial advisers

January 13, 2017

Bank's wealth management unit reports higher earnings on lower revenue.

Watch for this new cybersecurity scam, IRS warns

January 13, 2017

The phishing scheme involves cybercriminals posing as individuals looking for help with tax preparation.

Most small employers oppose state, federal government as auto-IRA sponsors: survey

January 13, 2017

Ideology about the role of government in the free market and concerns over effective implementation of the auto-IRAs are primary factors.

Bob Oros leaving Fidelity

January 13, 2017

The executive vice president and head of Fidelity's RIA segment is leaving the company at the end of the month.

SkyBridge Capital founder Anthony Scaramucci scores White House role

January 12, 2017

Mr. Scaramucci will have a general advisory role under President-elect Donald Trump, according to people familiar with the matter.

Hedge funds take the 'short' out of long-short strategy

January 12, 2017

Many hedge funds have decided to toss the short side of their strategy and stick with the long side to avoid getting singed in a hot market.

Time to talk with clients about life insurance policy costs

January 13, 2017

Communicating the right way can help solve under-performance problems caused by both performance downgrades and cost increases.

Next Page »