FSI member Bradley Brown spent years lobbying the Ohio legislature for reforms in the state's rules on UTMA accounts.
Commission says a lot of work ahead, public will have 90 days to comment.
Trade groups are champing at the bit to have their say in response to the SEC hearing.
The proposed rule puts new restrictions on brokers, but it is still unclear how strongly the SEC is clamping down.
The chairman emeritus of Raymond James said his best innovations were born out of necessity.
Before incorporating strategic beta products in a client's portfolio, advisers must understand the challenges at hand and the desired outcome
Chairman Jay Clayton will initiate momentous action Wednesday, as the commission meets to debate a rule on broker and adviser standards.
Chances of getting sued are more common now than five years ago, says one lawyer.
Respondents to PIMCO survey say target-date funds offer better value.
Proliferation of state retirement programs approaching the 'tipping point' where it will lead the federal government to step in.
Ensure your clients' individual retirement accounts are set for 2018
Broker attended partial day of hearing, then declined to show up for the rest.
Steven Pagartanis, a hearing no-show, had been discharged by Lombard Securities.
Insurer had planned an offer to holders of its Accumulator Series variable annuity
Sanford C. Bernstein & Co. analyst Christian Bolu, concerned over stalled adviser growth and what it means for lending and deposit growth, believes the stock will "under perform."
Twenty years in the making, 'Elevate' strives to put a career in financial services in perspective.
Setting financial goals with clients is important, but even more important is for clients to understand what's possible in their financial future.
Exam priorities and lawsuits are zeroing in on account switching.
Many widows and divorcees regret not taking part in long-term financial planning when they were a couple.
June Strunk says Mystic, Conn., managers ignored complaints about broker improprieties and then ostracized her.
