Advisor News

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New GOP tax-cut framework would make individual cuts permanent
REGULATION AND LEGISLATION JUL 25, 2018
New GOP tax-cut framework would make individual cuts permanent

Plan would also create universal savings accounts, but it doesn't offer fixes for glitches in last year's overhaul.

By Bloomberg
Cybersecurity remains top RIA compliance concern
RIA NEWS JUL 25, 2018
Cybersecurity remains top RIA compliance concern

Nearly two-thirds of firms have increased testing in the area.

By InvestmentNews
Ameriprise to switch CRM for nearly 10,000 advisers in 2019
FINTECH JUL 25, 2018
Ameriprise to switch CRM for nearly 10,000 advisers in 2019

Changing key tech tools can cause disruption, but the new provider, Salesforce, is known in the securities industry for customer service and customization.

By Bruce Kelly
Wealthfront wants to help millennials take a sabbatical
FINTECH JUL 25, 2018
Wealthfront wants to help millennials take a sabbatical

The company found taking an extended leave from work was a top concern among its young investors.

By Ryan W. Neal
Finra whacks Advisor Group, NPH with $2.7 million in fines over variable annuity sales
LIFE INSURANCE AND ANNUITIES JUL 25, 2018
Finra whacks Advisor Group, NPH with $2.7 million in fines over variable annuity sales

Eight broker-dealers censured for supervisory laxity in monitoring VA exchanges.

By InvestmentNews
Systems glitch sends erroneous text messages to some Vanguard customers
RETIREMENT PLANNING JUL 25, 2018
Systems glitch sends erroneous text messages to some Vanguard customers

Text said a 401(k) loan was being processed, but no accounts were actually affected.

By Bloomberg
Ladenburg bets advisers will serve more self-employed clients in the future
FINTECH JUL 25, 2018
Ladenburg bets advisers will serve more self-employed clients in the future

Firm invested in Track Technologies, a tech tool that automates taxes for "gig economy" workers.

By Ryan W. Neal
SEC bars Washington State RIA for selling unregistered promissory notes
RIA NEWS JUL 25, 2018
SEC bars Washington State RIA for selling unregistered promissory notes

Complaint alleges Jack Jarrell sold $64 million in securities without being licensed.

By InvestmentNews
Working longer is best way to boost retirement income
RETIREMENT PLANNING JUL 25, 2018
Working longer is best way to boost retirement income

For older workers, staying on the job is a more effective strategy than increasing savings.

By Mary Beth Franklin
With money on their minds, Generation Z is ready to invest
OPINION JUL 25, 2018
With money on their minds, Generation Z is ready to invest

This generation is in the best position to invest in stocks because of their youth

By Andrew Kirillov
Judge dismisses suit against AT&T plan
RETIREMENT PLANNING JUL 24, 2018
Judge dismisses suit against AT&T plan

Plaintiffs given until July 30 to file amended complaint against executives of the $38.6 billion plan.

By Robert Steyer
Galvin calls out broker who claims he never had a customer complaint
REGULATION AND LEGISLATION JUL 24, 2018
Galvin calls out broker who claims he never had a customer complaint

Massachusetts securities czar says Alan Siegel lied to clients on website.

By InvestmentNews
LPL integrates Riskalyze with ClientWorks
FINTECH JUL 24, 2018
LPL integrates Riskalyze with ClientWorks

Advisers say the move indicates the broker-dealer is ready to support more third-party technology.

By Ryan W. Neal
New focus on workers who don't take a full match
RETIREMENT PLANNING JUL 24, 2018
New focus on workers who don't take a full match

Persistent percentage of defined contribution plan participants contribute below the employer match threshhold.

By Robert Steyer
Judge dismisses amended complaint in Wells Fargo stock-drop case
EQUITIES JUL 24, 2018
Judge dismisses amended complaint in Wells Fargo stock-drop case

Suit involved decline in price of company stock held in the 401(k) plan after regulators fined Wells.

By Robert Steyer
UBS wealth management profits up 16% in latest quarter
WIREHOUSES JUL 24, 2018
UBS wealth management profits up 16% in latest quarter

The company said the increase was due to revenue growth and improving operational efficiencies.

By Bruce Kelly
Annuity rule likely won't include a fiduciary standard, NAIC says
LIFE INSURANCE AND ANNUITIES JUL 24, 2018
Annuity rule likely won't include a fiduciary standard, NAIC says

The new language, which is still subject to change, explicitly states what had largely been assumed.

By Greg Iacurci
SEC nominee Roisman stresses disclosure, helping investors understand adviser relationship
REGULATION AND LEGISLATION JUL 24, 2018
SEC nominee Roisman stresses disclosure, helping investors understand adviser relationship

Sen. Elizabeth Warren presses him on his stance on broker conflicts of interest.

By Mark Schoeff Jr.
Back office should be top of mind for growing advisory firms
RIA NEWS JUL 24, 2018
Back office should be top of mind for growing advisory firms

Delivering a remarkable experience is advisers' best way to differentiate themselves, and the back office plays a key role in delivering that experience

By Dean Cook
Why advisers are turning to Facebook ads to fill seminar seats
FINTECH JUL 24, 2018
Why advisers are turning to Facebook ads to fill seminar seats

The social networking site is tailor-made for targeted marketing.

By John T. Jones