Brokers may continue selling higher-cost proprietary products if they meet certain conditions.
Managers trailed benchmarks by one of the highest rates in two decades. The reason: stocks they avoided went up, and the ones they owned went down.
New fund will leverage expertise, diversify product lineup.
The risk-on strategy when the market goes risk-off.
The bank's broker-dealer and custody and clearing arm allegedly violated SEC and Finra rules through operational, supervisory and record-keeping misconduct.
Remaining claiming strategy offers eight more years of creative options for some retirees.
Remaining claiming strategy offers eight more years of creative options for some clients.
Claiming rules regarding the popular file and suspend strategy will be overhauled on April 30.
Ready or not, Social Security claiming rules change on April 30.
Now advisers can easily view client information and investment data anywhere any time.
As confusion over filing rules continues, some complaints about false information emerge.
The mutual fund industry offers about 8,000 mutual funds, spread among about 24,000 share classes, but some fund companies offer many, many more share classes. Experts say it may be a marketing tool for fund firms.
Firm agreed to leave more than 40 senior staffers alone until September or until RCS Capital's bankruptcy plan becomes effective.
Valerie Brown, former CEO of Cetera Financial Group, will join Advisor Group as executive chairman of the board.
Firm owners attempt to balance rewarding adviser performance with keeping a lid on compensation. </br><b><i>(More: <a href="//www.investmentnews.com/section/specialreport/20151018/COMPSTAFF"" target=""_blank"" rel="noopener noreferrer">IN's 2015 Adviser Compensation and Staffing Study special report</a>)</b></i>
<i>Breakfast with Benjamin</i> According to Meb Faber, within four years, ETFs will have more assets than mutual funds. But before that, they have to navigate their way onto retirement plan menus.
They will need to marginally modify their policies and procedures, adjust client agreements and other documents, as well as provide additional client disclosures.
Low fund fees and big fund complexes equal outperformance.
The deal increases Merriman's assets to about $2 billion based on SEC documents filed last month.
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
