Vanguard 500 Index Fund is Clinton's top holding, while BlackRock's Obsidian hedge fund is Trump's favorite.
Sen. Johnny Isakson, R-Ga., said the Senate likely will vote on a resolution of disapproval. He also plans to advance a separate bill to halt the regulation. <b><i>(More: <a href="//www.investmentnews.com/article/20160510/BLOG07/160519983/this-insurance-group-likely-to-be-first-to-file-dol-fiduciary-lawsuit"" target=""_blank"" rel="noopener noreferrer">This insurance group likely to be first to file DOL fiduciary lawsuit</a>)</i></b>
Customizing portfolios introduces human frailty and failure.
The investment strategy has only outperformed buy and hold 24% of the time since the end of 1990, according to S&P Global.
A new survey delves into what Americans worry about most: saving for retirement, paying for education, paying health-care or insurance bills, making the monthly rent or mortgage or paying credit card debt.
As with equities, passive funds are often the better bet.
The hybrid RIA firm collects both commissions and fees for advice provided to union workers and their families.
Unprecedented free time in retirement will be a boon for the leisure industry.
Rep. Phil Roe, R-Tenn., says his own bill to kill the rule will fail, but supporting the Republican candidate could work to gut the regulation.
The ACLI is champing at the bit to get legal action started, but it likely wants to know which other groups will be running before it starts its own race.
<i>Breakfast with Benjamin</i> REITs soon will have their own classification on the S&P 500 and other major indices.
Many see the new regulation speeding up a shift toward fee-based relationships as commissions become increasingly scrutinized for conflicts.
Sound Financial has $260 million in brokerage and advisory assets
Watch out: The range of advice issued by local offices and hotline operators has been very inconsistent.
President Barack Obama will veto a House resolution designed to kill a Labor Department rule to raise investment-advice standards for retirement accounts, the White House said Wednesday.
Thomas Perez gets high marks for guiding the fiduciary rule through the regulatory shoals, but supporters question whether he gave away too much.</br><b><i>(More coverage: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Everything you need to know on the DOL fiduciary rule</a>)</b></i>
His departure comes more than two months after AIG announced the sale of AIG Advisor Group to Lightyear Capital and PSP Investments.
The acquisition signals Stifel's interest in growing its wealth management business, though future deals depend on what's available &mdash; and at what price, according to CEO Ron Kruszewski.
Additional hoops to jump through to show regulators they are fiduciaries have fee-only advisers worried.
