Mr. Rostad says RIAs should be much more proactive when it comes to fiduciary.
Industry executives see the potential for changes to the rule, but say firms would be wise to continue to work toward the scheduled April implementation.
Sailing through the chamber, bill includes changes to who is considered a sophisticated investor eligible to participate in private placements.
The plaintiff, who had alerted the SEC to alleged lax security over customer data, claims her former employer's actions were "retaliatory."
Lower incomes and fewer assets in savings plans lead to problems in retirement.
Ad campaign suggests robo-adviser is ready to battle for fiduciary standard.
Over the last several years, TDFs have crafted new strategies and engaged in a marketing bonanza to stand out from the competition.
Taking $2.6 billion in assets with him, Carson is second prominent adviser to leave LPL this month. <b><i>(More: <a href=""" target=""_blank"" rel="noopener noreferrer">Carson on why we're on the eve of massive disruption in financial services</a>)</i></b>
Awards for damages tied to the island's debt crisis continue to climb this year.
Many believe it is aimed at broker-dealers, but they could be in for a rude awakening
Younger generations may opt to go robo at their local financial institution rather than seek out an adviser.
The left side of the aisle is likely to hold together well enough to ensure the rule is modified rather than taken off the books.
Automated-adviser says professional services firms are especially interested in its retirement advice technology.
Advisory boards provide feedback that can help firms deliver the kind of experiences that turns clients into their advocates.
Morgan Stanley, Ameriprise Financial, Raymond James and others are finally showing their cards.
During one nine-month period, the firm failed to deliver close to 2.1 million prospectuses to online customers because of a missing hyperlink.
Strategists at Matthews Asia believe turbulent times could be ahead.
The architect of the Department of Labor fiduciary regulation claims it is already paying dividends by lowering costs for investors &mdash; and isn't going away.
