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Massachusetts Financial Services fined $1.9 million by SEC for false advertisement
ADVISOR NEWS REGULATION AND LEGISLATION SEP 04, 2018
Massachusetts Financial Services fined $1.9 million by SEC for false advertisement

The firm advertised the superiority of a hypothetical portfolio that used back-tested quantitative research.

Millionaire boom in Asia pushes highest rate hike in decade for wealth managers
RIAS RIA NEWS SEP 04, 2018
Millionaire boom in Asia pushes highest rate hike in decade for wealth managers

Those willing to jump to rival are seeing increases of 30% or more in Hong Kong and Singapore.

Fidelity sees two zero-fee index funds rake in almost $1 billion in first month
RIAS RIA NEWS SEP 04, 2018
Fidelity sees two zero-fee index funds rake in almost $1 billion in first month

The Fidelity Zero Total Market Index Fund attracted $753.5 million, while the Fidelity Zero International Index Fund drew in $234.2 million.

Janney lands $445 million team from Wells Fargo Advisors
RIAS RIA NEWS SEP 04, 2018
Janney lands $445 million team from Wells Fargo Advisors

The five professionals will join Janney in its offices in Connecticut and New York.

Three disruptions reshaping fixed-income markets
INVESTING FIXED INCOME SEP 04, 2018
Three disruptions reshaping fixed-income markets

Explosion in the amount of market data available will increase the role of technology in bond investing.

Trump to issue executive order to expand retirement savings rules for small businesses
ADVISOR NEWS RETIREMENT PLANNING AUG 31, 2018
Trump to issue executive order to expand retirement savings rules for small businesses

Labor and Treasury Departments will be asked to review areas such as multiple-employer plans and minimum distributions.

Trump touts advantages of capital gains break, but experts aren't convinced
ADVISOR NEWS REGULATION AND LEGISLATION AUG 31, 2018
Trump touts advantages of capital gains break, but experts aren't convinced

The president argues that the tax break would boost economic growth.

Airports open virtual-reality, video game lounges
RIAS RIA NEWS AUG 30, 2018
Airports open virtual-reality, video game lounges

Harried travelers need something to distract them besides beer, burgers and duty-free shops.

Here's what could happen to your taxes if Democrats regain control of Congress
ADVISOR NEWS RETIREMENT PLANNING AUG 30, 2018
Here's what could happen to your taxes if Democrats regain control of Congress

Boosting the corporate tax rate, eliminating carried interest and modifying the pass-through provision are among the possibilities Democrats are discussing.

Ameriprise scoops up $140M family team from Wells Fargo
RIAS RIA NEWS AUG 30, 2018
Ameriprise scoops up $140M family team from Wells Fargo

Peter De Arcangelis will be joined at Ameriprise by his wife and his daughter.