The judge affirmed that inclusion of indexed annuities in the BICE was reasonable.
For many advisers, whether to charge on cash depends on how much time they are spending managing those assets. .
The funds the Boston-based company is liquidating had assets ranging from $32.8 million to $7 million.
Working longer can allow continued contributions.
The wirehouse would be jumping on a trend toward advisory business that analysts expect to accelerate because of the Labor Department's fiduciary rule.
Numbers don't lie, but boy can they be deceptive.
Carson ends a 28-year relationship by moving his firm from LPL to Cetera.
Putting fresh money to work in today's market can be particularly worrisome, with the S&P 500 currently selling for 21 times its past 12 months' earnings.
Defined contribution plan participants who mix strategies “seem to be conducting reasonable investment practices,” according to new research from Vanguard.
Scrapping or revising the law could lead to the disappearance of the Harkin Amendment, which would pave the way to indexed annuities being classified as securities rather than insurance products.
But the fact that lots of money flowed into a fund with a terrible record doesn't necessarily mean that everyone who invested during that period suffered.
President Trump's decision to halt the DOL fiduciary rule drew mixed reactions from industry professionals.
The claimants alleged the Connecticut investment bank negligently supervised its broker.
Divorce distribution and management fees
Offers guarantee on services.
While some call the annuities 'odious' due to complexity, others believe they're more straightforward than other annuity products.
A number of factors — DOL fiduciary, low interest rates and longevity — are coming together in favor of annuities if certain impediments are eliminated.
On Jackie Hunt's watch, home of what was once the world's largest bond firm reported its first net inflows since 2013, ending a painful period that culminated in the departure of star co-founder Bill Gross.
Insurers are speeding up their closures of L-share products as regulators crack down, but are quickly introducing new fee-based contracts.
