Massachusetts may be just the first state to hold firms accountable.
Ruckus over recruiting agreement has even wirehouse lifers wondering if it's time.
Experts discuss how technology disruption can help advisers meet changing client expectations.
Executive is former Pershing COO and group president at Envestnet
SEC Chairman Jay Clayton put a fiduciary-rule proposal at the top of the agency's rulemaking agenda on Friday, saying that the market needs "clarity" on the relationships between financial advisers and clients.
The university was one of about a dozen prominent schools sued by Jerry Schlichter in 2016.
Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.
Agency hopes to overcome past divisions on investment advice standard.
The groups will expand beyond compliance to provide advisers with turnkey solutions, training programs and even succession planning.
Bitcoin gains and losses are taxed like property, but a lack of information could make filing a challenge.
Agency failed to tell survivors that they could switch to a higher retirement benefit later
Broker Lawrence Barber made unauthorized changes to client's account, state charged
Legislation by Rep. Richard Neal would require most small businesses to establish a retirement plan and automatically enroll employees.
Those in a private LinkedIn chat room were sounding off about fears the independent broker-dealer will require a move to ClientWorks before it is fully ready.
The aggregator has a new focus on the 401(k) market.
Following fiduciary best practices strengthens client relationships and makes them more enduring.
Uncertainty over the Labor Department rule, in addition to a potential SEC fiduciary regulation and others from the states, was a primary contributor to the industry's slide.
Legislation requires brokers to act in the best interests of clients.
'Sizable position' in blockchain startup decimates Dennis Gartman's retirement savings.
The increased use of annuities and reverse mortgage could improve outcomes.
