An SEC filing did not say why the firm is being investigated and a lawyer for the firm declined to comment.
<i>InvestmentNews</i> announced Wednesday that it is expanding its retirement plan adviser coverage by recruiting a nationally recognized expert of that growing market to help guide its efforts.
Paul D. Stanley was dismissed for violating the firm's professional conduct, supervisory and compensation policies.
The regulation may not cause a flood of new referrals as non-specialists exit the 401(k) market. It might actually have the opposite effect.
Advisers must act in the best interest of clients and present them with all available retirement income offerings
Outsourcing ongoing investment monitoring and education meetings, taking work on a project basis and charging a flat fee are ways advisers can help small plans while making revenue.
Beating a benchmark is an empty victory if an investor cannot meet their financial priorities.
Life insurance is the last, largest, most-neglected asset on clients' balance sheets and in desperate need of management.
The Nobel Prize-winning economist notes that stocks are almost as expensive now as they were on the eve of the 1929 crash.
Clients will be moved to self-directed accounts; bank may kill shift if DOL rule is dropped.
The transaction comes as industry executives and consultants expect more consolidation in the IBD industry.
They face the challenge of asking for the order from the same judge who ruled against every claim in their lawsuit.
Just like their politics, even IRA required minimum distribution rules apply differently for each of them.
They must enroll when they turn 65 or face lifelong penalties.
Male advisers are three times more likely to go rogue, but women pay a higher price for their transgressions. (<i>More: </i><a href="//www.investmentnews.com/gallery/20170309/FREE/309009998/PH"" style=""color:#b10816"" target=""_blank"" rel="noopener noreferrer"><i><b>7 changes firms need to make to attract more female advisers</b></i>) </a>
The award cited unsuitable investments made in energy and housing products.
We think advisers deserve better than the perpetual runaround.
