After complaints, the consumer-facing website reverses course by letting advisers claim and maintain their profile at no charge.
Finra on Wednesday ordered midsize independent broker-dealer J.P Turner & Co. to pay more than $700,000 in restitution to clients who complained about unsuitable sales of leveraged and inverse exchange-traded funds and excessive mutual fund switching by one registered representative.
LPL service will allow retirement plan sponsors to shed participants who can't be located or who are nonresponsive.
When asked by financial advisers if it's too expensive to go out on their own, set up shops and create unique brands, I tell them they will definitely incur costs but they aren't necessarily prohibitive — especially for those with an entrepreneurial mindset.
Advisers often ask recruiters to explain the difference between gross production and net pay.
The S&P 500 index and Dow Jones Industrial Average capped their biggest gain in two months
The firm, which previously focused exclusively on ultra-high-net-worth clients, has added an executive and created a platform.
If you cannot see yourself doing it, whatever “it” means to you, you will never, and I mean never, achieve it.
The index company has bad news for this year's top-performing funds looking to continue their winning streak
Men worry about leaving their spouse unprepared when they die, but still may be part of the problem
Breakfast (with Benjamin) is served: Dividend ETFs losing luster as rates rise; Bernanke's last stand; nontransparent active ETFs; Obamacare's drag on health care; useless jobless claims data; and global New Year's traditions.
According to advisers and recent data from Limra, workers seem to be doing precisely what they would be expected to do with 20-page disclosure documents: Tossing them in the circular file.
Investors should buy assets such as real estate and infrastructure funds as U.S. stocks have hit record levels.
FMB Wealth Management is offering entrepreneurs a crowdfunding platform that provides access to big-money accredited investors whose deep pockets can make a difference for startups.
Executive vice president Bill Chetney will take the new title in January.
Thanks to the magic of time, five-year average returns for equity mutual funds are looking better by the month
Commodity investments are heading for record outflows driven by withdrawals from gold exchange-traded funds as some investors lose faith in the traditional store of value, according to Barclays PLC.
The bad news: Underinvested and underperforming investors might not get the pullback they're hoping for
