Advisor News

Displaying 26834 results
Labor Department says ESG investments aren't always `prudent'
RETIREMENT PLANNING APR 24, 2018
Labor Department says ESG investments aren't always `prudent'

Socially responsible investors say rules could sow confusion among managers

By Bloomberg
REGULATION AND LEGISLATION APR 24, 2018
Ameriprise CEO James Cracchiolo welcomes new SEC advice rule

He says the proposal is more appropriate than the DOL fiduciary rule.

By Bruce Kelly
REGULATION AND LEGISLATION APR 24, 2018
Nevada broker sues Merrill Lynch over gender discrimination

Betsy Whipple accuses firm of 'illusory' signing bonus, fraud

By Bloomberg
FINTECH APR 24, 2018
Wealthfront boots researchers off platform for violating terms of service

Wealthfront objects to BackEnd Benchmarking's methodology, but competitors don't seem to mind.

By Ryan W. Neal
WIREHOUSES APR 24, 2018
Merrill Lynch fires Chicago star broker Bruce Lee

A perennial member of Barron's list of top financial advisers, his team managed nearly $3 billion in client assets

By Bruce Kelly
MUTUAL FUNDS APR 23, 2018
Mutual funds stand to gain as muni investors get first look at fees

Brokerage firms must start disclosing the fees they charge to buy and sell state and local government debt.

By Bloomberg
REGULATION AND LEGISLATION APR 23, 2018
5 key questions about the SEC's proposed 'best interest' standard

The regulator may have purposely left portions of the standard vague so it can crack down on behavior not explicitly stated in the rule.

By Bloomberg
REGULATION AND LEGISLATION APR 23, 2018
Finra proposes to widen net for churning violations

Under new rule, brokers would not have to have control of account to be found liable.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 23, 2018
U.S. Supreme Court debates status of SEC's in-house judges

`Buckets of Money' case tests power of agency's administration law judges in Trump era.

By Bloomberg
RETIREMENT PLANNING APR 23, 2018
Litigation, scale push private colleges to adopt multiple employer plans

The movement to create multiple employer plans creates opportunity for retirement plan advisers.

By Blaine F. Aikin
INDEPENDENT BROKER DEALERS APR 21, 2018
Things are looking up: IBDs soared in 2017

With revenue up, interest rates rising and regulation easing, IBDs are soaring.

By Bruce Kelly
Top independent broker-dealers ranked by revenue
INDEPENDENT BROKER DEALERS APR 21, 2018
Top independent broker-dealers ranked by revenue

Data include a breakdown of fee, commission revenue.

By Ellie Zhu
RETIREMENT PLANNING APR 20, 2018
The $1 million gender wealth gap

Compounding female wage inequity jeopardizes retirement security

By Mary Beth Franklin
RETIREMENT PLANNING APR 20, 2018
The rich are betting they can buy their way to a longer life

The successor to income inequality is longevity inequality

By Bloomberg
FINTECH APR 20, 2018
Retail brokers benefitted from the first quarter's volatility

Charles Schwab posted its highest quarterly revenue ever and ETrade saw its highest quarterly sales since 2009.

By Bloomberg
FINTECH APR 20, 2018
SunTrust says data on 1.5 million customers may have been stolen

Cyberthief did not get Social Security numbers or passwords, bank says.

By Bloomberg
REGULATION AND LEGISLATION APR 20, 2018
SEC advice rule may give RIAs leg up over broker-dealers

Experts say advisers will be able to point to their role as fiduciaries as a differentiator in the advice market.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 20, 2018
Wells Fargo to pay $1 billion for consumer-business missteps

Regulators impose penalties over auto, mortgage lending issues.

By Bloomberg
RETIREMENT PLANNING APR 20, 2018
The rich are betting they can buy their way to a longer life

The successor to income inequality is longevity inequality.

By Bloomberg
FINTECH APR 20, 2018
Yes, technology is important to young investors. But they value advisory relationships, too

New research shows that younger advisory clients aren't receiving the service they need.

By apino