Marriage has been holding steady for the past several years, but weddings are still half as common as they were in the 1970s and early 1980s.
Some advisers rely on the Affordable Care Act to insure themselves and employees, and now fear that it could be repealed or substantially changed.
Each of the underlying duties of the fiduciary rule's best-interest standard — loyalty, care and individualization — require advisers to take specific actions.
DOL questioned at length during challenge brought by SIFMA, FSI, Chamber of Commerce and others.
It will help advisers and investors measure correlation and volatility of past returns.
Company said to be exploring strategic alternatives and is working with Goldman Sachs, Reuters reported. (Related read: <a href=""" target="”blank"" rel="noopener noreferrer">LPL Financial's problems keep piling up</a>)
FAFSAs for the 2017-18 school year are out three months earlier this year, and now allow reporting prior-prior year income data, or 2015.
What advice you can give to clients who are getting a late start putting money away for their kids' college education.
Some 42% of parents said they're losing sleep worrying about future college costs, and 63% feel guilty that they won't be able to pay more.
The Department of Labor's rule exempting state-based auto IRA plans from ERISA could be in jeopardy under the new Republican administration. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
Advocates of federal direct loans are worried that privatization could mean the end of student loans as a broad entitlement.
The advisory world is moving toward a fiduciary standard with or without the DOL rule, financial technology firms contend.
Plus: ETF investors fueled last week's rally, which industries will do what under President Trump, and United Airlines sets a new low for air-travel inconvenience
Donald Lee Watson Jr. allegedly claimed he produced more than $700,000 in revenue when hired last year.
Largely ignored now, changes could make MEPs popular among retirement plan advisers.
Plus, the strategy can help reduce required minimum distributions and cut taxes.
Advisers will get loans to help cover earnings shortfall following firm's decision to ban commissions. <b><i>(More: <a href="http://www.investmentnews.com/article/20161101/FREE/161109984/bank-of-america-merrill-lynch-tells-advisers-to-stop-selling-mutual" target="_blank">Merrill tells advisers to stop selling mutual funds in brokerage IRAs</a>)</i></b>
