The American Securities Association says the Labor Department voluntarily dropped its appeal of a Florida court's decision striking down DOL guidance making rollover advice fiduciary.
According to InvestmentNews data, the top two destinations for advisors leaving Securian this year are LPL Financial and StanCorp Equities.
The five-member New Jersey-based team will use LPL's institution services platform and will work with Affinity Federal Credit Union.
In an era of increasingly complex regulatory oversight and possibly the most aggressive SEC ever, breakaway RIAs are realizing that compliance is not something to be ignored.
Like baseball star Aaron Judge, annuity sales set a record in ‘22. Here’s why the retirement income instrument could pop out of the dugout for a curtain call in ‘23.
While the RIA channel is on the ascendant and the advisor population is not growing fast enough to meet demand, don’t count out independent broker-dealers.
It is my pleasure to show the InvestmentNews Events team some appreciation for the great work they do behind the scenes.
Shortfalls in individuals' nest eggs will mean higher public assistance costs, decreased tax revenue, lower household spending and a decline in standards of living, a study finds.
Few companies have goals in place that would reduce their greenhouse gas emissions in line with Paris goals, according to MSCI.
Melville, New York-based SW Financial received $2 million in undisclosed compensation for selling the private placements, according to Finra.
Plaintiffs claim the three pension funds breached their fiduciary duty when they sold roughly $4 billion in fossil-fuel investments in 2021.
The Inflation Reduction Act gives clients many reasons to make their homes more energy-efficient or get an electric vehicle, now or later.
Research shows most new clients come directly from referrals from existing clients, yet most advisors are reluctant to ask for referrals.
Vestwell will provide a new record-keeping solution and help power Everyday 401(k), Chase’s workplace savings program for small businesses.
Investment advisors and brokerages shouldn't wait for final regulations to shore up their cyber defenses, experts say.
The sale of the 20% equity stake values the US wealth unit, CI Private Wealth, at $5.3 billion, and it postpones the planned IPO.
The economist and writer, who's chief investment officer at robo-advisor Wealthfront, advocates using direct indexing to harvest tax losses.
Representatives took jabs at the other party and expressed opposing views on the potential of ESG.
David DeVoe challenges the industry to refocus on organic growth, but not just for growth's sake.
Annuity Research & Consulting will provide fee-only vetting of lifetime income options for company retirement plans.
