Firm will repay $447,000 to clients it overcharged for more than seven years.
$4.7 billion funneled into US-listed funds in October was light compared to $23 billion or more during each of three previous months.
The broker-dealer lost 56 brokers and advisers in the third quarter, and not all of them low-producers the firm wants to shed.
Agency wants to improve investor knowledge, but consumer advocate says seven-page example included in proposal has similar weaknesses to Form CRS
The insurer joins other large players that have recently left the business, which is less profitable than it used to be.
Resonant Capital Advisors, Madison Investment Advisors cite business risks as one of the reasons for the separation.
Proposal would bar leveraged products from describing themselves as exchange-traded funds
As interest rates head higher, pushing bond prices down, advisers seek safety in individual bonds.
Some experts believe the offer is related to the company's recent decision to discontinue trail commissions on some VAs.
Funds that track areas like small-cap stocks and semiconductor manufacturers are seeing inflows.
Debt payments could weigh increasingly on company profits, as well as the payouts they make to shareholders.
But consumer advocate says proposal doesn't elevate standard beyond current suitability.
Market's moves seem to be ignoring the healthy economy and good earnings.
Flows into two big exchange-traded funds tracking the S&P 500 were the highest in over a month.
The controversial elimination of trail compensation on certain VA contracts won't apply to this firm's brokers.
Company plans to bypass record keepers and ask plan sponsors directly if they will offer its managed accounts to retirement plan participants.
While some investors react with alarm to market decline, others see it as an opportunity to buy low
Stocks are ignoring corporate earnings reports to focus on macro worries about rising rates and trade tensions.
It's possible to invest directly in the individuals and communities that make creative enterprises possible.
Addition of $470 million GDM Advisory Group pushes Wealth Enhancement to $9.7 billion under management.
