The Republican appointee wants to make sure there are a variety of payment models and levels of service.
The class-action lawsuit is a consolidation of several complaints against the 401(k) plan fiduciaries.
In split decision, judges say agency exceeded authority.
Maryland-based Potomac Financial Consultants is led by Michelle Bender.
Head of the Carson Group, who was affiliated with LPL for 28 years, tells his 48 partner firms he has no intention of returning to his old broker-dealer.
Broker-dealer will remove about 20% of its 4,200 funds, a trend among wirehouses with several possible reasons behind it.
Sponsors, providers and participants view plans differently, Cerulli research finds.
After regrouping in wake of broker-protocol exits, Snowden Lane Partners is ready to recruit wirehouse brokers and RIAs.
As firms try to limit their liability under the DOL rule, new problems have arisen.
Governments will need to make up a funding gap caused by investment losses, inadequate contributions.
David Rougier allegedly gouged $740,000 from elderly clients.
Experts dealing with international and private banking clients will now form one team.
If leaving becomes more and more challenging for advisers, their firms may keep cutting compensation to boost returns to shareholders.
Market Synergy Group argued the regulation treated the annuity products arbitrarily and violated rulemaking procedures.
The combined office, led by Merit Financial, will have 60 advisers concentrating on the retirement plan market and high-net-worth clients.
The controversial Ami Forte was hired by Pinnacle Investments to develop its operations in Florida.
Care in exiting now required as wirehouses crack down on departing brokers.
OregonSaves has more than 19,000 people participating, while eight other states have passed measures setting up state-sponsored retirement plans.
The former brokers bribed a pension fund manager to get trades that netted them millions in commissions.
Plan sponsors are deciding that a per-head fee is fairer than revenue-sharing practices in which fees are based on assets
