The SEC is actively reviewing advisers' ADV forms. What's the commission looking for? Tarted up claims, including inflated education or professional credentials.
Ever since the Dodd-Frank financial reform law was enacted, Capitol Hill Republicans and the financial industry have insisted that the Securities and Exchange Commission and other regulators carefully measure for the potential impact of new rules on the markets. Industry was not alone in traveling the cost-benefit-analysis highway this week. Fiduciary advocates demonstrated that it is a two-way street.
Public trustee bemoans break with historic self-financed structure
Volatility creates opportunity, famed investor points out; will this message get through to investors?
Clients claimed rep told them to put their IRA into life settlements
Transition from SEC rule doesn't require outside help, just effort; fiddling with AUM
While Republican presidential candidate Mitt Romney struggles to overcome President Barack Obama's lead in most polls, there's one group that is increasingly confident he will win — financial advisers.
Albridge survey shows most brokerages fork out 10% of revenue on oversight
Strategies from investment firms BlackRock Financial Management Inc., DoubleLine Capital LP, F-Squared Investments Inc., and Forward Management LLC were added to the mix, as well as four other strategies from firms already on the Genworth platform.
A small but growing number of wealthy Americans have figured out a fool-proof way to avoid paying more of their income to the IRS in coming years. Their trick? Leaving the country.
A CBO report has found that the before-tax income of top earners fell by 36.3% between 2007 to 2009 while their tax rate rose
Genworth Financial Inc. cut Chairman and Chief Executive Officer Michael Fraizer's annual bonus to a third of his target as the life insurer and mortgage guarantor failed to meet its goals.
The Swiss bank announces plans to cut up to 10,000 additional employees over the next two years.
The SEC says it is targeting senior management in its reviews of brokerages and advisory firms.
Democrats and Republicans are headed for a big blowup over taxes — and the treatment of capital gains could be what sets them off.
Advisers are still fuming about the last-minute notice they received from Prudential informing them of a lock down of several popular annuities.
Acquisition creates firm with 400 independent-contractor reps, dual headquarters.
