The new CEO confronts a series of daunting questions as he settles into his new role at the embattled broker-dealer. Read more about the <a href="//www.investmentnews.com/article/20160901/FREE/160909997/cetera-names-robert-moore-ceo-replacing-larry-roth"" target=""_blank"" rel="noopener noreferrer">management turnover at Cetera</a>.
An antiquated, overly complex Part B enrollment process contributes to costly enrollment mistakes among many people new to Medicare.
A 13-year veteran of LPL, Jeffrey Buchheister was most recently executive vice president and chief accounting officer.
People inside and outside the company say word of the new chairman has already given a lift to morale of advisers.
Plus: The case for active management, hedge fund ETFs, and debunking some money myths
The insurer, which is moving to a "self-directed call center" approach for certain investment products, is among the few companies which has publicized plans for compliance with the DOL rule.
Brokerage firms tend to win disputes over promissory notes.
CEO Ron Kruszewski had indicated in November that the B-D's lower margins were dragging down the wealth management group.
While some agree with the firm's logic underpinning the product, they question whether the product can overcome some of the traditional hurdles of managed accounts.
The Labor Department, however, offered a rebuke to the recommendations, saying they would erode consumer protections.
Coordinated exams in 20 states reveal need to improve policies, procedures to protect seniors.
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Plus: Deutsche Bank selloff linked to Obama administration leaks, knowing your active commodity ETF, and the real cost of “free”
The industry fails investors by clutching to a long-gone past, rather than moving forward by offering proven, updated investment approaches offered to large institutions.
If the firms decided to take shortcuts &mdash; and in the recent F-Squared case it seems like they did &mdash; they should be held accountable.
Advisers should develop a social media strategy, bearing in mind the SEC's guidance.
Measure also contains requirement for SEC to conduct 'rigorous' cost-benefit analysis before proposing its own fiduciary-advice rule.
When helping retirees tap retirement assets efficiently so they don't run out of money in retirement, America is a laggard.
When helping retirees tap retirement assets efficiently so they don't run out of money in retirement, America is a laggard.
