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Wells Fargo weighs changes to wealth unit
WIREHOUSES JUN 19, 2018
Wells Fargo weighs changes to wealth unit

The move would reflect the bank's effort to cut $4 billion in costs.

Trump administration will let small businesses offer cheaper health plans
RETIREMENT PLANNING JUN 19, 2018
Trump administration will let small businesses offer cheaper health plans

Association health plans would lack some of the protections required under Obamacare.

Finra bars broker for failing to provide information during investigation
RIA NEWS JUN 19, 2018
Finra bars broker for failing to provide information during investigation

Colorado broker Dennis Farrah quit firm before state regulators revoked his license.

Vanguard research reframes retiree health care as annual expense
RETIREMENT PLANNING JUN 19, 2018
Vanguard research reframes retiree health care as annual expense

Says viewing health costs as a staggering lump sum impedes action and planning.

Younger millionaires want advice on cryptocurrency
ALTERNATIVES JUN 19, 2018
Younger millionaires want advice on cryptocurrency

More than 70% of those under 40 want their wealth managers to discuss the subject.

BlackRock to close 16 smart-beta, multifactor ETFs
ETFS JUN 19, 2018
BlackRock to close 16 smart-beta, multifactor ETFs

Closures occur as the company puts more emphasis on factor investing.

U.S. Bancorp launches robo
FINTECH JUN 19, 2018
U.S. Bancorp launches robo

Investment unit's Automated Investor created with help of BlackRock's FutureAdvisor.

Pastor and pal indicted over fraudulent financial planning
REGULATION, LEGAL & COMPLIANCE JUN 19, 2018
Pastor and pal indicted over fraudulent financial planning

Larry Holley and Patricia Gray are defendants in parallel SEC civil action.

RETIREMENT PLANNING JUN 15, 2018
Homeowners looking to dodge property tax caps turn to Alaskan trusts

Strategy involves a limited liability company and non-grantor trusts set up in a no-tax state.

RETIREMENT PLANNING JUN 15, 2018
Fidelity cuts target-date fund fees

Competition is heating up among asset managers.