Investors placed in the wrong mutual fund share classes were overcharged by more than $260,000.
Policy effectively creates a dual approach for Merrill's 17,000-plus advisers.
Negative returns and fiduciary risk are positively correlated for 401(k) fiduciaries.
Just because an ETF allows investors to trade immediately doesn't mean they should.
Ohio National cited the regulatory climate and sustained low interest rates as reasons why it was going to stop selling annuities.
LPL bought SII last year as part of its National Planning Holdings purchase.
Passive strategies and fixed-income benchmarks exclude a significant portion of the investible market, hindering diversification and performance.
The regulator said the lack of supervision raised concerns that investors were sold more expensive share classes that weren't suitable for them.
Downside protection and upside caps without the commission or lockups that come with VAs.
Clock, partisan divisions could stymie adviser regulation reform, HSA contribution limit increase
Report provides a glimpse of the RIA universe under the SEC's new disclosure rules
When it comes to investing, humans are more fallible when costs are low.
But the election of Donald Trump gained those firms back $56 billion in market value, as investors expected a rollback of financial regulations.
Buyers have included affiliates of the Pritzker family, Bill and Melinda Gates, and the family office of Seattle Seahawks owner Paul Allen
Lincoln Investment Planning overcharged certain clients for 7 1/2 years.
'Banana peel month' has seen some big market slips
Explosion in the amount of market data available will increase the role of technology in bond investing.
Mr. Fisher's company formerly held tens of millions of dollars in the stock of major companies selling indexed and variable annuities.
Bonds have potential to be a popular ESG asset class for impact investors.
Regulators and Congress should protect investors by slamming the door shut on efforts to bring cryptocurrency into the world of retirement savings.
