They face the challenge of asking for the order from the same judge who ruled against every claim in their lawsuit.
Clients will be moved to self-directed accounts; bank may kill shift if DOL rule is dropped.
The transaction comes as industry executives and consultants expect more consolidation in the IBD industry.
They must enroll when they turn 65 or face lifelong penalties.
The award cited unsuitable investments made in energy and housing products.
Just like their politics, even IRA required minimum distribution rules apply differently for each of them.
Male advisers are three times more likely to go rogue, but women pay a higher price for their transgressions. (<i>More: </i><a href="//www.investmentnews.com/gallery/20170309/FREE/309009998/PH"" style=""color:#b10816"" target=""_blank"" rel="noopener noreferrer"><i><b>7 changes firms need to make to attract more female advisers</b></i>) </a>
We think advisers deserve better than the perpetual runaround.
Length of marriage, years since divorce and age of ex-spouses affect claiming options.
The wirehouse said its advisory platform will be the go-to regardless of what happens with DOL fiduciary rule, but a modification or repeal of the regulation could lead to more flexibility.
Firms that make strategic changes will not only slow attrition, but position themselves to attract top talent for less than they are paying now.
Planners use multiple means to show clients they have more to offer than the basics.
His proposal to allow more Americans to invest in private placements is fraught with risk, mostly to retirees who fall prey to brokers motivated to sell these deals by high commissions.
The research firm wants to launch sub-advised, in-house funds with lower fees that financial planners can throw into managed account portfolios.
The memo grants relief to firms for compliance violations that may occur as the April implementation date approaches.
Manager of the Fidelity Low-Priced Stock Fund hunts for value and suggests looking to Japan.
SEC says firm didn't report to customers conflicts or income it received from clearing broker.
Firms that make strategic changes will not only slow attrition, but position themselves to attract top talent for less than they are paying now
Stocks aren't priced to deliver big long-term returns, but they might stay high for a while
