Record keeping is a business that requires companies to continue investing in services and technology.
The percentage of consumers planning to put some of their refund toward paying down debt rose to 35.5%, from 34.9% last year, according to a new survey.
Robo-advisers can give them do-it-yourself, but they can't create ongoing personal relationships.
Advisers need to help people move past the emotional roadblocks that can make the process more complicated than it needs to be.
Passive third-party asset managers could expose clients to a greater level of risk and dissatisfaction.
Firm will also pay a $750,000 fine to Finra for failing to supervise broker who sold tribe non-traded REITs and BDCs.
What severs ties is poor communication around the impacts of cyclical market gyrations on the portfolio.
Only supporters of the DOL rule have met with Office of Management and Budget officials, while industry groups have kept their distance.
Brokers say commissions serve certain clients better, and investors who prefer them are pushing back.
The broker allegedly used the firm's parking garage stamp to validate parking garage tickets worth $731.
Digital advisers are hiring live planners and advice firms are deploying automation.
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 rule is well past the tipping point, and the industry is forever changed regardless of the rule change.
Directing a portion of required minimum distributions directly to a charity can reduce both taxes and Medicare premiums.
Attorneys are seeking a stay in the lawsuit brought by Thrivent Financial pending the results of a rule review requested by the president.
The arbitrators found that UBS and UBS Puerto Rico were liable for $7.983 million in compensatory damages and $1 million in punitive damages.
Digital advice platform will be available to more than 1,500 RIAs.
Straight-through trade processing now possible, says portfolio accounting service provider.
In a roll-back of post-Madoff change, requests will go through acting division director, say sources.
