Carson ends a 28-year relationship by moving his firm from LPL to Cetera.
A looming fiduciary rule, combined with regulations limiting product sales, have experts predicting more consolidation is inevitable
After a tough first month on the job, Dan Arnold will need to be in "damage control mode" as he faces analysts and investors for the first time, according to an industry recruiter.
Adam Blank on Monday filed the lawsuit in U.S. district court, southern district of New York against Tripoint Global Equities, related entities and executives. Mr. Blank, and associated trusts, made $1.5 million in investments into the alleged scheme.
Almost half of advisers haven't slowed their compliance plans despite talk of delays
Firms would be better off with shorter, more frequent sessions for employeees
Twenty-one firms have responded to a Jan. 19 letter challenging them to resist the Trump administration's efforts to stop the regulation, Ms. Warren told Acting Labor Secretary Edward Hugler.
An order aimed at reducing regulation and controlling regulatory costs could sow confusion over issues such as executive compensation and the fate of planned rules affecting employer retirement plans.
The level of trading was unsuitable for the client given her age, risk tolerance and income needs, according to the regulator.
Fintech firm will make the Marstone digital-advice platform available to the 13,000 financial institutions it works with.
Defined contribution plan participants who mix strategies “seem to be conducting reasonable investment practices,” according to new research from Vanguard.
Working longer and postponing benefits can increase future payments.
The new president wants to get rid of the tax, but details are sketchy, leaving estate-tax planning in limbo. <b><i>(More: <a href="http://www.investmentnews.com/article/20170205/FREE/170209957" target="_blank">Estate-tax flux could boost grantor trusts</a>)</b></i>
Scrapping or revising the law could lead to the disappearance of the Harkin Amendment, which would pave the way to indexed annuities being classified as securities rather than insurance products.
President Trump's initial draft memo, later revised, may have spelled out the administration's coming plans: to delay the rule for six months and seek a stay in the legal proceedings.
Client data-gathering tool also links with Redtail and LaserApp
By asking these questions, investors can avoid financial advisers who don't put their interests first.
Delaying implementation of the Labor Department rule is the first step Republicans and the finance industry are eyeing as part of a broader overhaul of the measure.
Many broker-dealers &mdash; including Merrill Lynch, Morgan Stanley and Wells Fargo &mdash; are preparing for the changes in operations the rule would have created. <b>Plus: <a href="//www.investmentnews.com/section/video?playerType=INTV&bctid=5309561439001&date=20170203"" target=""_blank"" rel="noopener noreferrer">Advisers react to Trump's DOL rule decision</a></b>
Not all digital advice platforms are created equal. But which one ultimately serves your clients best will take a bit more time to tease out.
