The case revolves around three collective investment trusts in the plan that were subadvised by the firm.
'This appears to be more of a reflection on Stifel,' one industry recruiter says.
While the CFP Board supports the proposal, the FPA has expressed concerns about the DOL rule potentially raising compliance costs for members, increasing the cost of advice and reducing access to advice for some.
The fintech provider is strengthening its commitment to fiduciary advisors with expansion to its portfolio solutions platform.
Partnership will allow faith-based advisors to offer clients custom DAF solutions and engage in comprehensive charitable giving.
Poll of more than 1,200 workers highlights shifting savings habits, student debt woes, and overwhelming demand for advisors.
Firms are bolstering their platforms ahead of faster settlements.
Latest fintech solution brings together AI and data fabric capabilities to mine insights from multiple information sources.
The offering automatically transitions employees approaching retirement age from a target-date fund to a managed account program.
'I’d love to see the [full] SALT deduction come back but not if it means rates go up,' one advisor says.
The number of retirees outpaces a Federal Reserve economist's model by millions.
New Jersey-based boutique practice focused on affluent families leaves Merrill Lynch to join UBS.
There were fewer hardship withdrawals taken last year, too.
Following a failed California lawsuit, M&A client is trying again in New York.
Funds will be required to share more information with regulators.
InvestmentNews’ inaugural 5-Star Financial Planning Software and 5-Star CRM Platforms is closing Friday.
Limra research reveals concerns around retirement, disability, and unexpected emergencies among Black adults.
The wealth advisory team, which caters to high-net-worth clients, is the firm's fourth recruit this year.
'Somewhere in the firm's systems, a big, flashing red light should have gone off,' one attorney says.
EBSA found that the third-party administrator embezzled at least $5.5 million in retirement plan assets.
