Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.
The REIT czar is not selling his real estate management business to the private equity giant.
She notes that advertising of sophisticated investments has been muted.
The question for next year is whether independent broker-dealers can regain the momentum they enjoyed in 2009 and 2010.
Rising rates should bring a vital cushion to the balance sheets of independent broker-dealers.
For the second time since the credit crisis, noted private equity investor Donald Marron is making a hard charge to acquire the large IBD.
Coming 12 to 24 months could divide the industry into winners and losers — firms that will be able to adapt, and those that might fall by the wayside. </br><b><i>(More: <a href="//www.investmentnews.com/section/specialreport/20160124/IBD012016"" target=""_blank"" rel="noopener noreferrer">Top Independent Broker-Dealers 2016 special report</a>)</b></i>
The gala's organizer, Franklin Square, is one of the firms whose alternative investments could be hurt by a proposed DOL fiduciary rule.
