Independent financial advisers should heed two upcoming rules that may require operational changes, as well as recognize the overall aggressive regulatory environment coming out of the SEC.
While the House has been active considering similar legislation, this marks the first time the Senate is jumping into the fray.
The two bills would require Congress to approve the rule. Fight on a best-interests standard is now split straight down party lines.
New software helps advisers maximize spendable income for clients.
Retail robos have a lot to offer investors, but are they really as good as they seem?
Think small data, mobile strategies, more virtual advisers and yes, robos.
Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.
The REIT czar is not selling his real estate management business to the private equity giant.
But the Social Security Administration still has no guidelines for file-and-suspend deadlines.
A new study finds about 13 million Americans have squirreled away a checking, savings or credit-card account from live-in partners.
T3's Bruckenstein says more than 20% don't use it, while another 20% think they do but really don't.
Banks are watching wealthy clients flirt with robo-advisers, and that's one reason the lenders are racing to release their own versions of the automated investing technology.
Headcount is up, but unit's earnings are down as a result of strong increase in litigation expenses.
Experts think the top candidates will have SEC experience.
Though fines dropped last year, experts think the regulator's revised sanctions guidelines will mean an upward trend in penalties as well.
Advisers can help elderly clients avoid being a target, securities regulator says.
'Kasich has been my favorite all along,' the billionaire money manager said.
Organizations that dominate lobbying expenditures also donate the most to political campaigns. Leading the charge are NAIFA and the ICI, while TD Ameritrade contributed just $9,000.
