Justice Department didn't petition the Supreme Court to rehear the case. A mandate from the 5th Circuit would finally lay the fiduciary rule to rest.
Industry coalition seeks to educate the public and advisers about the value of annuities.
But one year of higher health care costs may be worth it to lower RMDs and taxes in the future.
Flood Financial Services switches broker-dealer and RIA platforms.
Regulator says transactions involving ether aren't subject to federal securities rules
Developed by Entreda, the platform will ensure every computer and mobile device is secure when accessing client data.
The move is intended to cut compliance costs for firms as well as make the registration and disclosure process more efficient.
Both companies are said to be developing target-date funds with this focus.
New York State Court of Appeals scales back $11 billion lawsuit against Credit Suisse.
Kara Murphy never thought she'd end up on Wall Street — or be in one of the World Trade Center towers attacked on 9/11.
Will try to determine whether more than 2,000 retirement plans are abandoned.
Plan sponsors are left out of the equation because they don't appear to fall within the definition of "retail" investor, legal experts say.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
Firm betting tech will increase wallet share and move brokers towards financial planning.
SEC says firm employees misled customers into overpaying for RMBS debt.
'There is a huge opportunity for Aladdin to be the language of portfolio construction,' said BlackRock COO Rob Goldstein.
This month's edition kicks off with the buzz from the Envestnet Advisor Summit.
The proposed best-interest standard applies only to 'retail customers,' a definition that seems to omit broker recommendations to retirement plans. RIAs, though, are still on the hook.
Financial advisers should be explaining how they can help clients, rather than pushing products on them.
