<i>Breakfast with Benjamin</i> Expensive and exclusive is no longer enough to automatically attract investors to hedge funds.
Selling through independent insurance agents, currently the largest distribution channel for FIAs, will expose insurers to more liability than they may care for.
While the law sees pets as property, emotional attachment can turn them into valuable bargaining chips in divorce negotiations.
These moves will help structure your firm to meet Department of Labor's conflict-of-interest regulations.
The Labor Department's new rule may ultimately pave the way for millennials to secure a foothold in the financial advice business.
Analyst tells advisers that the Republican frontrunner is the second-best presidential campaigner he's ever seen run, trumped only by this president.
The Department of Labor's new rule creates an opportunity to have some great conversations.
Investment management firm Invesco has acquired Jemstep, one of the first online automated investment platforms in the financial services industry, in the latest bid to offer more robo-technology to traditional advisers.
Congress members tell Obama such an executive order would help some of the nearly half of U.S. workers who don't have access to a retirement program on the job.
The insurance and brokerage industries have shelled out many more dollars for congressional campaigns and lobbying than investment adviser organizations.
The rule opens the door to future customer litigation and opportunity for regulators to impose sanctions or fines on smaller broker-dealers.
They hold twice as much cash as boomers and only 29% are happy with their portfolios
The firm's CEO sees opportunities in the looming disruption. <b><i>(Fiduciary Focus: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">Follow the latest news and developments on the DOL rule change</a>)</i></b>
We are always telling clients not to throw good money after bad. That advice applies to us as well.
A $2 billion payment is due July 1 and funds still have big chunks of the bonds in their portfolios.
Helping your clients think through the timing of Medicare coverage can be very beneficial, especially considering the significant impact health care costs have on retirement income
CEO James Gorman says DOL's fiduciary rule isn't "the be-all and end-all" for the bank's brokerage business.
Inherent to acting in a client's best interest is ensuring costs are reasonable, an ERISA concept brokers need to understand.
Fixed indexed annuities lost a favorable exemption they enjoyed under the proposed rule, and the impact on variable annuities likely won't be much changed from original forecasts.
