Firm will also pay a $750,000 fine to Finra for failing to supervise broker who sold tribe non-traded REITs and BDCs.
Digital advisers are hiring live planners and advice firms are deploying automation.
Brokers say commissions serve certain clients better, and investors who prefer them are pushing back.
Brokerage, insurance and mutual fund groups spend more money than investment advisers in quest to gain the ear of lawmakers on both sides of the political aisle.
The broker allegedly used the firm's parking garage stamp to validate parking garage tickets worth $731.
Directing a portion of required minimum distributions directly to a charity can reduce both taxes and Medicare premiums.
The rule is well past the tipping point, and the industry is forever changed regardless of the rule change.
The arbitrators found that UBS and UBS Puerto Rico were liable for $7.983 million in compensatory damages and $1 million in punitive damages.
Attorneys are seeking a stay in the lawsuit brought by Thrivent Financial pending the results of a rule review requested by the president.
Straight-through trade processing now possible, says portfolio accounting service provider.
Digital advice platform will be available to more than 1,500 RIAs.
In a roll-back of post-Madoff change, requests will go through acting division director, say sources.
Adviser finds novel tools at T3 conference to improve client experience and prospecting.
Judge Daniel D. Crabtree granted summary judgment to DOL in a lawsuit filed by Market Synergy Group Inc., a Topeka insurance agency that develops fixed index annuities and other proprietary insurance products.
Among the names on the 2016 list of those bidding adieu was the U.K.'s foreign secretary, Boris Johnson.
Thirty-nine percent of millennials would rather disclose a preexisting sexually transmitted disease to a potential partner than reveal their debt.
The firm allegedly engaged used an expensive proprietary fund to enrich itself at the expense of plan participants.
Plaintiff alleges plan participants would have paid at least $27 million less in fees if T. Rowe had selected cheaper, non-proprietary funds.
