Advisor News

Displaying 26646 results
RETIREMENT PLANNING FEB 02, 2017
Getting married in America is more expensive than ever

Couples spend an average of $78,464 to get married in the most expensive wedding location — and the honeymoon isn't included.

By Bloomberg
RIA NEWS FEB 02, 2017
Clean shares could revolutionize the fund industry

Divorce distribution and management fees

By John Waggoner
FINTECH FEB 02, 2017
Big data for analyzing adviser businesses, clients part of TD's fintech strategy for 2017

TD Ameritrade Institutional will add new tools to its Veo One platform that employ analytics to help financial advisers understand their practices better and a dashboard to pinpoint client-service issues.

By Liz Skinner
RETIREMENT PLANNING FEB 02, 2017
Trump is acting on everything except your retirement

Social Security simply doesn't provide enough income for people without defined benefit pensions and 401(k)s who can't afford to save, or to save more.

By Bloomberg
REGULATION AND LEGISLATION FEB 02, 2017
House Republican Pete Sessions calls on Trump to delay DOL fiduciary rule

The chairman of the House Rules Committee said in a letter that the rule would foist “mountains of paperwork” on financial planners while denying “access to quality investment advice” to millions of investors.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION FEB 01, 2017
Justice Department continues to defend DOL fiduciary rule in court

Some experts anticipate the Trump administration will abandon the legal fight, but that hasn't happened yet.

By Mark Schoeff Jr.
WIREHOUSES FEB 01, 2017
Merrill Lynch trying to make fees more transparent

The wirehouse will break out fees for asset management services and products including mutual funds, alternative investments and commodities when it mails January account statements later this week

RETIREMENT PLANNING JAN 31, 2017
Aon Hewitt sued for 401(k) 'kickback' scheme with Financial Engines

The record keeper joins three others — Fidelity, Voya and Xerox — in being sued over its relationship with the advice provider.

By Greg Iacurci
RETIREMENT PLANNING JAN 31, 2017
Many wealthy Americans haven't planned for the transfer of their assets

Adviser's approach can overcome client worries, such as that children won't have an incentive to work if they know how much they will inherit.

By Liz Skinner
FINTECH JAN 31, 2017
Betterment now offering human advice with its robo

Clients can get live advice if they have enough assets, and those seeking a dedicated adviser will be referred to an RIA who is using Betterment for Advisors.

By Liz Skinner
REGULATION AND LEGISLATION JAN 31, 2017
DOL fiduciary rule not yet caught up in Trump maelstrom

Speculation is mounting as to what is taking the administration so long to act. Is President Trump waiting for his DOL secretary nominee to be approved? Or is he finding it harder to repeal than expected?

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JAN 31, 2017
FSI expects a more business friendly environment in 2017

Lobbying group for independent broker-dealers lays out its annual agenda

By Dale Brown
Robert W. Baird & Co. must pony up $23.5 million to Wells Fargo in raiding case
REGULATION AND LEGISLATION JAN 31, 2017
Robert W. Baird & Co. must pony up $23.5 million to Wells Fargo in raiding case

Size of award called &quot;extraordinarily rare&quot; by one securities attorney. <i><b>(More: <a href="//www.investmentnews.com/article/20160923/FREE/160929957/brokerages-walking-away-from-arbitration-awards&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Brokerages walking away from arbitration awards</a>)</i></b>

By Mark Schoeff Jr.
Bank of America's Merrill Lynch reports a 1% increase in number of financial advisers
PRACTICE MANAGEMENT JAN 31, 2017
Bank of America's Merrill Lynch reports a 1% increase in number of financial advisers

Bank's wealth management unit reports higher earnings on lower revenue.

By Bruce Kelly
INDEPENDENT BROKER DEALERS JAN 31, 2017
Broker-dealers have different views on recruiting over next six months

DOL rule could prompt some advisers to move ahead of time &amp;mdash; and others to stay put until they gauge rule's impact.

By Bruce Kelly
RIA NEWS JAN 30, 2017
Small Custodian Cover

By Jeff Benjamin
PRACTICE MANAGEMENT JAN 30, 2017
Dodd-Frank law may be Trump's next big target

Calling it a &quot;disaster,&quot; he claimed it has been responsible for cutting off loans to small businesses.

By Bloomberg
FINTECH JAN 30, 2017
Raymond James to deliver robo service for advisers by year end

Firm's 7,100 advisers to gain digital investment advice platform and advanced analytics about clients

By Liz Skinner
PRACTICE MANAGEMENT JAN 30, 2017
Regulators use big data to turn up enforcement heat

Data analytics could help them more easily uncover breaches of suitability in investment product sales.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JAN 30, 2017
Too soon to tell how best to invest under Donald Trump presidency

Markets have risen since the president was elected, but his personality makes it difficult to discern when he is serious and when he is beating his drum for effect.

By Ellie Zhu