ICI, Chamber of Commerce among groups asking for delay, while Democratic lawmakers call on DOL to keep to its earlier planned schedule of Jan. 1, 2018.
Now with $10 billion in assets, robo receives $70 million in new funding.
Principal has communicated that independent agents must change their business models to keep receiving compensation.
Regulators must learn new techniques and skills to examine robo-advisers for their adherence to the fiduciary standard.
Longer lifespans and lower savings require creative income strategies.
Majority of advisers do not create written plans for clients, forgoing business growth opportunities.
With Social Security running out of money, one of the pillars of retirement is in jeopardy.
Employers cut their contributions to workers' retirements by 25% from 2001 to 2015, according to a new report from Willis Towers Watson.
They seek to turn knowing more about clients into growing more revenue.
The proposed standards enhance the value of certification by establishing clear standards for the delivery of financial advice.
Scaramucci is known as an ardent foe of the DOL fiduciary rule, having said during the campaign that Trump would repeal it .
Retirement expert Alicia Munnell talks about the options for mending the 82-year-old safety net.
Newbridge Securities agrees to the order without admitting or denying allegations
Reduction in compensation begs question of whether rule is being twisted to bolster broker-dealers' bottom lines.
Natixis survey finds America fell three places and now ranks 17th among 43 nations.
Measure likely to continue in partisan advance in House, but could stall in Senate.
Given the current interest-rate environment and other factors, advisers disagree about whether the number is too conservative or not conservative enough.
If wirehouses can successfully reduce their reliance on signing bonuses to recruit brokers, they could increase profits.
Board advances proposals to amend membership applications to allow the regulator to scrutinize troubled brokers, pending monetary awards.
