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Vanguard rolls out funds with 0.01% expense ratio
EQUITIES MAR 17, 2016
Vanguard rolls out funds with 0.01% expense ratio

The minimum investment is $5 billion for the stock fund, and $3 billion for the bond fund.

By John Waggoner
INDUSTRY NEWS MAR 16, 2016
Wells Fargo warns wealth clients to watch out for energy MLP squeeze

Investors advised to weed out quality master limited partnerships in commodities slump shakeout

By Christine Idzelis
Why bigger isn't better when buying a house
RETIREMENT PLANNING MAR 16, 2016
Why bigger isn't better when buying a house

There's plenty of evidence that it's not a great investment — and may even be a bad one in a recession.

By John Waggoner
Why bigger isn't better when buying a house
INDUSTRY NEWS MAR 16, 2016
Why bigger isn't better when buying a house

There's plenty of evidence that a big house is not a great investment — and may even be a bad one in a recession.

By John Waggoner
RIAS MAR 16, 2016
Historical timeline of fiduciary duty for financial advice

By Mark Schoeff Jr.
DOL fiduciary rule is spurring technology adoption and innovation: Cerulli report
FINTECH MAR 16, 2016
DOL fiduciary rule is spurring technology adoption and innovation: Cerulli report

Advisers won't have a choice when it comes to picking up new tech to serve smaller accounts.

By Alessandra Malito
REGULATION AND LEGISLATION MAR 16, 2016
Supreme Court nominee Merrick Garland part of judicial panel that struck down 'Merrill Lynch rule'

By Christine Idzelis
House Speaker Paul Ryan becomes leading opponent of DOL fiduciary rule
REGULATION AND LEGISLATION MAR 16, 2016
House Speaker Paul Ryan becomes leading opponent of DOL fiduciary rule

House Speaker Paul Ryan has charged into the debate in the last few weeks with arguments echoing those of the financial industry.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION MAR 16, 2016
Investors owed millions in arbitration awards getting stiffed, lawyer group says

PIABA wants Finra to create a national recovery pool funded by brokerages.

By Christine Idzelis
LPL eyes more fee-based variable annuities as fiduciary rule looms
RETIREMENT PLANNING MAR 16, 2016
LPL eyes more fee-based variable annuities as fiduciary rule looms

Distribution of more variable annuities in an advisory rather than commission environment could play out as a result of Labor Department regulation.

By Greg Iacurci
EQUITIES MAR 16, 2016
We might all be better off if more women were managing money

<i>Breakfast with Benjamin</i> If the data is correct, women's investment returns have been trouncing men's for nearly a decade.

By Jeff Benjamin
EQUITIES MAR 15, 2016
IRS to March Madness office pool players: Gambling winnings are taxable

<i>Breakfast with Benjamin</i> An estimated 70 million Americans will wager $9.2 billion this year through March Madness office pools, but keep in mind that any winnings are taxable.

By Jeff Benjamin
When and how to part ways with your financial adviser
INDUSTRY NEWS MAR 15, 2016
When and how to part ways with your financial adviser

If your adviser has lied to you or misrepresented fees or investments, you end it, period.

By Bloomberg
EQUITIES MAR 15, 2016
Advisers who ignore ETFs are missing out on the product evolution, and so are their clients

Plus: El-Erian's gloomy forecast, what it will take to save Social Security, and it's time to start taking cannabis investing seriously

By Jeff Benjamin
SEC sues muni adviser for undisclosed fees under new rules
REGULATION AND LEGISLATION MAR 15, 2016
SEC sues muni adviser for undisclosed fees under new rules

The U.S. Securities and Exchange Commission for the first time acted to enforce new rules placed on state and local government financial advisers, alleging that a Kansas firm breached its fiduciary duty by reaping undisclosed fees from the underwriter of its client's bond offerings.

By Bloomberg
Investment advisers becoming more frequent target of SEC enforcement
PRACTICE MANAGEMENT MAR 15, 2016
Investment advisers becoming more frequent target of SEC enforcement

Agency brought 126 actions against more than 230 adviser or company defendants in 2015, about 15% of the total enforcement cases last year.

By Mark Schoeff Jr.
RETIREMENT PLANNING MAR 15, 2016
Perez tries to win over Democrats skeptical of DOL fiduciary rule

With the Labor Department's fiduciary rule closing in on finalization, some lawmakers still question potential costs of implementing the measure.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT MAR 14, 2016
GL Capital Partners' former CEO Daniel Thibeault sentenced to nine years in prison

Mr. Thibeault pled guilty to misappropriating around $15 million from the GL Beyond Income Fund.

By Bloomberg
Why Social Security can delay your retirement credits
RETIREMENT PLANNING MAR 14, 2016
Why Social Security can delay your retirement credits

Some Social Security beneficiaries must wait an additional year for full payment.

By Mary Beth Franklin
SEC approves Finra broker-compensation rule
PRACTICE MANAGEMENT MAR 14, 2016
SEC approves Finra broker-compensation rule

Rule requires transferring brokers to send an &#8220;educational communication&#8221; to clients they are trying to convince to make the move with them.

By Mark Schoeff Jr.