Survey shows that 38% of co-signers had to make payments and 28% ended up damaging their credit scores.
Regulator is looking into whether firms have a process and supervisory procedures in place to waive fees.
Retired as chairman in 1997 after 42 years at the brokerage
Donald Trump is the frontrunner, Clinton is behind and some don't plan on voting.
<i>Breakfast with Benjamin</i> If you're happy with the stock market, you can thank the existence of high-frequency trading.
Here's a rundown on how the Republican candidate could affect everything from your purchasing power to your job and investments.
Sen. Johnny Isakson, R-Ga., said the Senate likely will vote on a resolution of disapproval. He also plans to advance a separate bill to halt the regulation. <b><i>(More: <a href="//www.investmentnews.com/article/20160510/BLOG07/160519983/this-insurance-group-likely-to-be-first-to-file-dol-fiduciary-lawsuit"" target=""_blank"" rel="noopener noreferrer">This insurance group likely to be first to file DOL fiduciary lawsuit</a>)</i></b>
Vanguard 500 Index Fund is Clinton's top holding, while BlackRock's Obsidian hedge fund is Trump's favorite.
Customizing portfolios introduces human frailty and failure.
The investment strategy has only outperformed buy and hold 24% of the time since the end of 1990, according to S&P Global.
A new survey delves into what Americans worry about most: saving for retirement, paying for education, paying health-care or insurance bills, making the monthly rent or mortgage or paying credit card debt.
As with equities, passive funds are often the better bet.
The hybrid RIA firm collects both commissions and fees for advice provided to union workers and their families.
Unprecedented free time in retirement will be a boon for the leisure industry.
Rep. Phil Roe, R-Tenn., says his own bill to kill the rule will fail, but supporting the Republican candidate could work to gut the regulation.
The ACLI is champing at the bit to get legal action started, but it likely wants to know which other groups will be running before it starts its own race.
<i>Breakfast with Benjamin</i> REITs soon will have their own classification on the S&P 500 and other major indices.
Many see the new regulation speeding up a shift toward fee-based relationships as commissions become increasingly scrutinized for conflicts.
Sound Financial has $260 million in brokerage and advisory assets
