Advisor News

Displaying 26793 results
RETIREMENT PLANNING JAN 05, 2018
January surprise of vanishing Social Security COLA

Blame smaller-than-expected benefits on higher Medicare premiums.

By Mary Beth Franklin
REGULATION AND LEGISLATION JAN 05, 2018
Finra fines Meyers Associates $700,000 over sales literature

Bruce Meyers also fined $75,000 for supervision failures and barred from serving as a principal or supervisor.

By InvestmentNews
FINTECH JAN 05, 2018
More funding for robo-advisers doesn't quell skeptics

Industry analysts have been ringing the death knell on digital advice for some time, but there are pathways to profitability.

By Ryan W. Neal
RETIREMENT PLANNING JAN 05, 2018
Tax law's pass-through provision could harm 401(k) plans

Law creates a differential in tax rates that may lead business owners to shy away from sponsoring a retirement plan, or water down existing benefits.

By Greg Iacurci
REGULATION AND LEGISLATION JAN 05, 2018
Massive investment fraud fueled by slick marketing, hot dinners

When advisers make the claim that an investment product has no risk and is crash proof, it is a clear, almost blazing red flag that the investment is a potential fraud.

By Bruce Kelly
RETIREMENT PLANNING JAN 04, 2018
AARP, state regulators launch find-an-adviser tool

Site recommends questions investors should ask before hiring a financial adviser.

By InvestmentNews
RETIREMENT PLANNING JAN 04, 2018
States already seeking workarounds to Republican tax changes

New York Gov. Cuomo promises to sue federal government, make changes in state tax code.

By Bloomberg
WIREHOUSES JAN 04, 2018
Wirehouses turn away from bitcoin

None of the big four brokerages are giving their wealth management and retail advisers access to trading the cryptocurrency or any related products.

By Bruce Kelly
REGULATION AND LEGISLATION JAN 04, 2018
State regulators warn investors about cryptocurrency dangers

Securities and Exchange Commission members also reiterate their concerns about virtual money.

By Mark Schoeff Jr.
FINTECH JAN 04, 2018
Wealthfront secures $75 million in new funding

Money will go toward helping the $9 billion AUM firm develop new products for its digital-advice clients.

By Bloomberg
REGULATION AND LEGISLATION JAN 04, 2018
States already seeking workarounds to Republican tax changes

New York Gov. Cuomo promises to sue federal government, make changes in state tax code.

By Bloomberg
RETIREMENT PLANNING JAN 04, 2018
Wall Street aims to protect 401(k)s from hacking nightmare

A system for backing up bank accounts is expanding to include other nest eggs.

By Bloomberg
NextCapital gets $30 million more in funding for its digital advice platforms
RETIREMENT PLANNING JAN 04, 2018
NextCapital gets $30 million more in funding for its digital advice platforms

John Hancock, Transamerica, State Street and Russell Investments have deals with the software provider.

By Ryan W. Neal
REGULATION AND LEGISLATION JAN 03, 2018
Finra has made genuine efforts to improve

As the regulator becomes more transparent, it may also become more fair on arbitration and enforcement.

By Dale Brown
REGULATION AND LEGISLATION JAN 03, 2018
House GOP seeks to preserve spending rider to kill DOL fiduciary rule

Fiduciary advocates hope Democrats will continue to hold the line against the provision

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JAN 03, 2018
New tax law favors charitable giving from IRAs

Jamie Hopkins, associate professor of taxation at the American College of Financial Services, offers guidance.

By Greg Iacurci
FINTECH JAN 03, 2018
The latest in financial adviser #FinTech

This month's edition kicks off with the big news that the Center for Research in Security Prices (CRSP) is working with Vanguard to put its Total Stock Market Index (along with several others) on a publicly available blockchain.

By mkitces
RETIREMENT PLANNING JAN 02, 2018
Allianz agrees to settle 401(k) fee lawsuit for $12 million

Other companies, including TIAA and New York Life, settled self-dealing suits for millions of dollars in 2017.

By Greg Iacurci
REGULATION AND LEGISLATION JAN 02, 2018
Time for SEC to take fiduciary baton from DOL

The SEC likely will adopt the DOL's definition of fiduciary, and put a rule in place by the end of 2019.

By Blaine F. Aikin
FINTECH JAN 02, 2018
AdvisorEngine acquires Junxure CRM

Junxure users will continue to be supported, and gain access to AdvisorEngine tools.

By Ryan W. Neal