The Financial Services Institute Inc. is planning to finance its beefed-up lobbying efforts with big dues increases to its broker-dealer member firms.
This week, when Ric Edelman revealed that he plans to wind down his independent contractor business, he labeled the model 'severely flawed', and stirred up - not surprisingly - a good deal of conversation across the industry.
Despite months of legal wrangling with his former employer, TCW Group Inc., it appears that Jeffrey Gundlach's move to start his own firm is paying off
Fontaine's career change comes amid crucial product launch for DC unit; “bittersweet”
Financial advisers often ask if there is a single good piece of prospecting technology.
Both legislative actions designed to make a point — not to make it into law
Lawmakers including Senators Carl Levin of Michigan and Jeff Merkley said Greg Smith's article showed why the U.S. needs tighter restrictions on Wall Street practices.
DOL said to be investigating claims Hutcheson stole money from plan sponsors; he trumpeted fiduciary standard to Congress
“There have been hundreds of money fund bailouts, where the funds would have broken the buck if the manager hadn't stepped in,” said Robert E. Plaze, deputy director of the Securities and Exchange Commission's Division of Investment Management
Launch of updated tablet likely to see computer giant pare back prices on existing model
Police claims James Scott McKee stole $584K from three investor; Finra alleges rep deceived clients for more than five years
Not every ballplayer can cash in like Prince Fielder, but at least arbitrators were there to backstop ex-Red Sox catcher Doug Mirabelli, awarding the knuckleball specialist $1.2 million in a suitability case involving Merrill Lynch.
My parents were married for 56 years, so when my dad passed away in 2006, it was no surprise that my mom suddenly found herself lost and alone.
NASAA today said advisers have until April 30 to sign up for a coordinated review program offered by state regulators.
Judge says claimant knew $3.1M salary offer was in error; 'eyes wide open'
Bob Mulholland, who was head of the wealth-management adviser group, was named head of wealth management and investment solutions
Even though roughly 3,000 investment advisers set to switch their registration from the SEC to the states by this summer, the commission's oversight burden will still be heavy. Limited resource means the regulator must conduct exams more efficiently, which translates to zeroing in on riskier practices.
