Mr. Lew, who served under the Obama administration from 2013 through the start of 2017, acknowledged the rule has "unintended consequences."
Experts explain how to draw out the truest intentions and values of those who seek full financial advice.
After nine years heading the advisory firm, David Barton is out.
The move is part of an enhanced digital approach the firm plans to roll out in stages over the next several months.
Fueled in part by succession planning among older advisers, the registered investment advisory space saw a record 44 mergers and acquisitions during the first quarter of 2017.
Polarizing political climate has advisers getting creative to turn conversations away from President Trump.
The state's 10-year bonds carry a 4.45% yield, but come with a lot of credit risk.
Clients decide from packaged options and staggered price list how many services they want to pay for.
Asset-based pricing still rules, but retainers are expected to gain ground.
By mandating that nongovernment money funds add special fees, redemption restrictions and floating net-asset values, the SEC has given plan advisers a reason to reassess the cash management options in company-sponsored plans.
