The 10 cases brought by the organization also include loans to clients, falsifying standing as a CPA and inappropriate investment advice.
Although baby boomers who are in or near retirement may stick to more traditional timetables, younger individuals may chafe at the idea of retiring at 65 to play golf.
Longer lifespans create multiple goals beyond retirement.
Many advisers dissatisfied with their current broker-dealer and anxious about how well they are positioned in a post-DOL landscape are still hesitant to make a move.
It's difficult to count on the grandfathering exemption if advisers plan to make ongoing recommendations in an acccount.
Partnerships with leading software providers give advisers access and discounts, though they may not know it.
A complicated process to value the music icon's estate hinges on future royalties.
Significant changes to the rule address practical impediments, proving DOL good on its word.
Claims institutional investors are committed to the independent broker-dealer business.
State claims former broker overloaded his clients with energy stocks.
A slew of factors, including low interest rates, increasing longevity and insurance company pricing blunders, have led to an industry on the skids. Will hybrid products save the day?
U.S. Chamber of Commerce, SIFMA, FSI, IRI and the Financial Services Roundtable are lining up against the controversial rule. The suit may be filed as early as Thursday.
<i>Breakfast with Benjamin</i> The hedge funder is recruiting sophomores in an effort to reduce the time it takes a college grad to become a portfolio manager.
Leading robos also are bracing for a market downturn, Convergex says.
But some fee-only advisers say CFP Board should admit that mark holders who receive commissions have conflicts with the best-interest standard.
Recent performance can be deceiving.
The assistant Labor Secretary used her moxie, her might and her friends in high places to raise the standards for providing retirement advice. </br><b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The fiduciary rule covered from every angle</a>)</b></i>
Asserts he accepted $244,000 from a friend to help him conceal assets that creditors sought to claim.
Advisers keeping their distance from high-flying pot stocks.
A Finra arbitration panel sided with the estate of Roy M. Speer, the co-founder of the Home Shopping Network, saying the brokerage churned his account and violated a law against exploitation of vulnerable adults.
