Checks on sponsor companies and protection for investors and advisers is welcome, but statement reporting adds more confusion than clarity
Course will be offered to financial and nonfinancial majors to offer them a taste of the advice profession.
Some brokers say the math in moving to a fee-based model just doesn't add up for clients.
Top 35 years of earnings, not final years, determine monthly amount.
Urges members of Congress to support charging user fees to advisers for exams
Action contrasts with House panel vote last week, which gave agency $300 million less
Everything they do is magic, but they have to earn their own living, adviser says.
After severe weather crimped its recruiting efforts over the winter, LPL Financial says it's seeing a return to normal levels of adviser movement but that the once-hot nontraded REIT market is cooling off.
The measure has bipartisan support going forward, but hurdles remain.
Proponents of the strategy tout its effectiveness in any rate environment.
Small data, or the information you can access and interpret from resources within your own firm, can pay off big.
Plus: Individual investors zig as professionals zag, hedging the U.S. market by going global, Citigroup in the spotlight, and futbol mania
Personalized financial advice should take cues from the robo-adviser trend/
It probably won't be available for sale for another year.
Independent broker-dealer plans to invest $150 million, add 2,000 jobs in region
Advisers can take cues from robo-advisers to enhance their services and relationships with clients.
A federal U.S. Court of Appeals panel said U.S. District Judge Jed Rakoff was wrong to reject $285 million SEC settlement with Citigroup. The court said the judge abused his discretion. Case also bolsters agency's policy of not forcing firms to admit guilt when it settles cases.
HighTower chief executive Elliott Weissbluth says adding new platforms will help the firm achieve a business model and scale comparable to that of Raymond James. Mason Braswell has the story.
<i>Breakfast with Benjamin: </i>Citi under the FBI microscope. Plus: Using P/E ratios to dispel bubble theories, re-calculating the size of the nation's oil reserves, big banks and big overdraft fees, GM and political grandstanding, and it's always a good time to teach kids about money.
