After a decade of activity around the lawsuit, including a hearing before the U.S. Supreme Court, judge rules a prudent fiduciary would have invested in institutional shares.
RIAs can enter '0' in some new parts of the document before their annual filing next year.
Bank of America insider provided tips on major M&A transactions
A central argument against the DOL fiduciary rule is that investors with smaller accounts will be abandoned. But many advisers stand ready to serve them.
What if a human adviser dispensed portfolio recommendations based solely on the answers to 10 or 12 written questions?
There's still time left for end-of-summer reading.
Craig Price claims he was fired for speaking up about the abuse of a trust fund.
Mercer manages about $11 billion in assets, while Blue Moon manages $90 million.
Plus, find out how the median monthly cost of an assisted-living facility compares from state to state.
Despite a trying year, the firm has said it will sweeten signing bonuses for veteran advisers.
A simmering conflict is brewing between the two biggest generations in U.S. history.
They will have to decide if the signing package they are being offered by LPL makes sense. A lot is hanging in the balance.
It behooves plan advisers to pay attention to their asset-management partners, because advisers rely on them for marketing and practice management support and guidance.
Brokerage firms, the group most affected by a rule delay, would likely put off big projects around adviser compensation and trimming investment products.
Agency says manager overcharged funds $1.5 million
The deal, part of which is based on the advisers and revenue that eventually will move from NPH, could potentially cost LPL $448 million.
A fiduciary process involves a full understanding of what should be done, rather than what can be done.
Length of time for measure's review gives SEC, other regulators greater chance to get involved in setting advice standards.
Says states need to take the lead in securities investigations as Trump moves to cut back financial regulation.
The Financial Industry Regulatory Authority Inc. and FSC Securities last Thursday announced that the firm will pay a $100,000 fine and $492,000 to clients.
