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
If you cannot see yourself doing it, whatever “it” means to you, you will never, and I mean never, achieve it.
Treasuries snapped the biggest advance in a month before the Federal Reserve announces a decision today on whether it will slow asset purchases from $85 billion a month.
The firm, which previously focused exclusively on ultra-high-net-worth clients, has added an executive and created a platform.
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
There's a 40% to 60% chance that the Federal Reserve will announce a reduction in its asset purchase program tomorrow, according to Mohamed El-Erian, chief executive officer of Pacific Investment Management Co.
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.
He worked for firm accused of selling $18 million in fraudulent notes to star athletes, including the NFL's Vernon Davis (pictured)
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.
Prospect of regulation by brokers' regulator does not bother existing sites, which have conducted crowdfunding for accredited investors for some time.
