Investment advisers seeking certification as a financial planner would have to demonstrate work experience in a narrower calendar surrounding their examination date, under changes proposed by the Certified Financial Planner Board of Standards Inc. .
Wealth managers say it's time all advisers look after the best interests of clients when offering financial guidance. In fact, scores of wealth managers have banded together in a non-profit that backs a higher standard of conduct. .
But uncertainty remains, as latest deal only runs through Friday; commission still facing budget ax
And Washington watchers say meaningful progress may not happen until the next election
House Republicans want the SEC to halt its fiduciary duty rulemaking. Why? The GOP lawmakers say the commission needs to look harder at the impact of a universal standard of care.
Schapiro having recused herself, four commissioners left to approve crucial study; report was due Monday
The leadership of the Certified Financial Planner Board of Standards Inc. will recommend the fee increase to the organization's board at an upcoming meeting.
A lone adviser is quietly trying to get his idea — a tax deduction for money spent on financial planning services — onto lawmakers' radar. Right now, it's barely a blip.
