Advisor News

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FINTECH NOV 01, 2016
TD Ameritrade and its largest stakeholder, Toronto-Dominion, buy Scottrade for $4 billion

Deal combines two of the largest online brokerages and expands US operations of Canada's second-largest lender.

By Bloomberg
MUTUAL FUNDS NOV 01, 2016
Commodities funds may offer inflation hedge, but many overweight energy

Also, with the exception of some metals funds, most funds don't own the actual commodity.

By John Waggoner
Finra bars broker whose client ran Ponzi scheme
REGULATION AND LEGISLATION NOV 01, 2016
Finra bars broker whose client ran Ponzi scheme

By Bruce Kelly
FINTECH NOV 01, 2016
Betterment rolls out algorithmic service to minimize tax drag

The robo-adviser claims the new service could boost a portfolio's return by 0.48% a year, or 15% over 30 years.

By Bloomberg
FINTECH NOV 01, 2016
Financial advisers should embrace robo-advice, not fear the expanding technology: experts

Experts at Insider's Forum in San Diego also questioned the generally sluggish pace of robo adoption across the advice industry.

By Jeff Benjamin
FINTECH NOV 01, 2016
Wealthiest clients will use robos — but want human advisers as well: LinkedIn survey

While open to using robos for basic investing, they want traditional wealth managers for complex needs.

By Grete Suarez
INDEPENDENT BROKER DEALERS NOV 01, 2016
Seven-year MedCap Capital Holdings Ponzi case is over

With bankruptcy case concluded, investors stand to recover $400 million.

By Bruce Kelly
Morningstar's sustainability ratings: An opportunity to talk to your clients about responsible investing
OPINION NOV 01, 2016
Morningstar's sustainability ratings: An opportunity to talk to your clients about responsible investing

The ratings cover about 20,000 mutual funds which span a broad spectrum of both ESG-themed and traditional funds

By Amy O'Brien
RIA NEWS OCT 31, 2016
Certified Financial Planner Board suspends California adviser for defrauding pro-athletes

Ash Narayan's right to use CFP certification temporarily suspended following SEC complaint

By Christine Idzelis
PRACTICE MANAGEMENT OCT 31, 2016
What is clear from DOL's fiduciary FAQs — and what requires more guidance

Answers released last week give clarity on some issues, like fee-based advice and recruiting incentives, but are obscure on reasonable compensation.

By Mark Schoeff Jr.
DOL fiduciary rule FAQs emphasize dangerous compensation practices — including for RIAs
PRACTICE MANAGEMENT OCT 31, 2016
DOL fiduciary rule FAQs emphasize dangerous compensation practices — including for RIAs

Labor Department lays out guidance on questionable compensation practices for brokers &amp;mdash; and RIAs. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>

By Mark Schoeff Jr.
Advisers take flight from Morgan Stanley
PRACTICE MANAGEMENT OCT 31, 2016
Advisers take flight from Morgan Stanley

Twenty-four teams left in third quarter on top of 26 in second quarter. <b><i>(More: <a href=&quot;http://data.investmentnews.com/aotm&quot; target=&quot;_blank&quot;>See all the latest moves in InvestmentNews' Advisers on the Move database</a>)</i></b>

By Bruce Kelly
Good branch managers a dying breed
OPINION OCT 30, 2016
Good branch managers a dying breed

The best were former advisers themselves, but that may not be the case in the future.

By Danny Sarch
REGULATION AND LEGISLATION OCT 30, 2016
Hillary Clinton's tax plan would hit the very rich

If front-runner Hillary Clinton wins, higher taxes could be on the way for advisers' wealthy clients.

By Greg Iacurci
RETIREMENT PLANNING OCT 30, 2016
New path for resolving late RIA rollovers

How to minimize the chance of a late rollover.

By Ellie Zhu
FINTECH OCT 28, 2016
Technology can help advisers ensure they are giving 'best' advice to meet DOL fiduciary rule

Data aggregation &amp;mdash; and knowing what's on both sides of a client's balance sheet &amp;mdash; is key to meeting new requirements.

By Ed Gjertsen II
FINTECH OCT 27, 2016
Technology can offer support to advisers with aging clients

Software could help with recognizing and planning around clients' loss of cognitive function.

By Liz Skinner
RIA NEWS OCT 27, 2016
Janus in a double whammy as assets flee and revenue drops

Plus: How Clinton and Trump won't save Social Security, more scrutiny for sales charges, and taking the 5% challenge.

By Jeff Benjamin
EQUITIES OCT 27, 2016
IRA investors may disappear from IPOs

The Department of Labor's fiduciary rule prohibits individual IRA investors from participating in initial public offerings with the assistance of their financial adviser.

By Ronald J. Kruszewski
RIA NEWS OCT 27, 2016
SEC charges Broidy Wealth Advisors with overbilling clients, stealing from their trusts

The firm and owner Marc Broidy, of Beverly Hills, Calif., allegedly had more than $1.4 million of ill-gotten gains.

By Christine Idzelis