While the new fiduciary rule could be interpreted as an unnecessary compliance burden, it may also present an opportunity with regard to 401(k) accounts.
National Holdings Corp. said it reached an agreement to be acquired by Fortress, a biopharmaceutical company.
Many advisory firms are playing with fire by failing to report to regulators cybersecurity breaches, both big and small, experts say.
Complacency over adopting new technology will only lead to a declining business, technology expert Joel Bruckenstein said at the Morningstar Investment Conference this week.
Not enough investors signed up for the niche platform that started about a year ago.
Policymakers and regulators eye financial technology and how it is expanding accessibility to more consumers.
Finalists include six companies with adviser tools for client prospecting, advising on student loans and more.
Most companies charge a price for their digital advice platforms, but for how long?
Blooom hopes to use her experience in financial crisis, student debt to push company forward.
The deal is the largest under the tenure of Microsoft CEO Satya Nadella.
Advisers who use Microsoft programs can expect new enhancements on the horizon.
LinkedIn rolled out a new feature this month to help its users find professionals, including wealth managers and Certified Financial Planners.
After the firm terminated its relationship with the adviser, it denied him access to client information.
Two software providers are working to document ongoing compliance tasks: BasisCode Compliance and RIA in a Box.
Other partners include New York Life, Santander and current partner UBS.
The DOL fiduciary rule will forever change financial advice, and the industry now faces the challenge of adapting to the new regulation.
Pershing LLC has partnered with NextCapital, an adviser-facing robo platform.
If a firm's transition to the Best Interest Contract Exemption is done using paper contracts and disclosure forms, it could be costly, difficult and risky to manage.
These ideas for programs could significantly reduce the complexity of advisers' jobs.
Fund giant offering financial advisers a tool for evaluating the funds that adheres to the 2013 guidance from the Department of Labor.
