The elimination of the deduction for alimony payments calls into question existing prenuptial agreements.
SEC commissioner says the Department of Labor rule set up an 'unworkable, impossible set of standards for people to comply with.'
Observers say it's difficult to determine if this is a harbinger of the outcome in the roughly 20 outstanding lawsuits.
Top regulator says the relationship model is different with a broker or investment adviser, but both must put clients' interests ahead of their own.
New owners plan more growth for the software service provider.
As a wave of mergers hits the asset management industry, some analysts question whether the firm should make an acquisition
Agency says Tibor Klein used 'material, non-public information'
Seeking solutions to the obstacles that dampen adviser tech utilization.
Thomas W. Lee claimed Barclays shortchanged him after he guided sale of advisory unit to Stifel Financial Corp.
Becoming an outsourced chief retirement officer could help combat fee compression.
Fuad Habba deposited checks drawn on closed accounts.
However, it likely won't bar employees from filing 401(k) lawsuits against their employers.
The three-judge panel split again, 2-1, in deciding not to take another look at the motion to intervene by California, New York and Oregon.
Director Brett Redfearn clarifies how the SEC defines 'best interest' and how it will determine whether a broker is in compliance.
But one year of higher health care costs may be worth it to lower RMDs and taxes in the future.
Allan Holeman failed to disclose three IRS liens totaling $157,000.
Wealth managers don't pay enough attention to the client experience they're providing
Variable annuity sales were down again, however.
Wirehouse creates two new training programs and brings in a firm to help it find ethnically diverse candidates.
Going forward, the fixed-income environment may favor more sophisticated active approaches, such as flexible 'best ideas' strategies.
