Plaintiff alleges plan participants would have paid at least $27 million less in fees if T. Rowe had selected cheaper, non-proprietary funds.
Putting together a new cost-benefit analysis could be tricky for DOL staff, who spent the last six years working on a regulation that already was assessed and has been upheld by three court decisions so far.
Regular and well-informed course corrections can help you become more comfortable financially and enjoy retirement even more.
Andrew Puzder withdrew Wednesday as President Donald J. Trump's labor secretary nominee as controversy deepened over his personal life and private sector background.
SEC approves Finra regulation to curb financial exploitation, but requirements are slim.
Firm failed to send, or create records that it had sent to customers more than 1.6 million required account notices during the previous 36-month period.
RIA Finhabits launches mobile platform in English and Spanish.
State's Department of Business Oversight examined only 6.2% of state-registered investment advisers and 0.8% of broker-dealers in 2015-16.
Barred CEO Brian Keith Hardwick and firm ordered to pay $24.6M to investors
New products intended to enhance client engagement, account automation
Some record keepers have the capability to rebate these fees and only charge the asset management fee, resulting in a lower net cost than some zero-revenue-share funds.
80-plus firms ready to help advisers decide where to spend their tech budgets
Steer young investors away from these common moves that can have a significant negative impact in retirement.
Illinois broker Matthew Maczko earned more than $640,000 from $3 million in assets
The wirehouse is settling charges related to single inverse ETF investments it recommended to advisory clients, many of whom experienced losses.
Many lives would be changed if pro bono financial planning could be brought to vulnerable people around the globe.
Kelly Clayton Althar allegedly generated $91K in commissions from elderly client with $308K in assets
As TDFs continue to grab more 401(k) assets, it's important to have a sound fund selection process with clients.
While private equity could become a positive force in the retail alternatives space, not all sponsors are created equal.
