The adviser and radio show host had challenged the right of the SEC to use administrative law judges to hear cases such as his.
The firm is on the verge of buying Foothill Securities, an adviser-owned firm with 220 registered reps under its roof, according to two industry sources.
Investment adviser and talk radio host Ray Lucia Sr., whom the SEC had fined and barred from the industry for allegedly misrepresenting a retirement investment strategy may have received a boost in the form of a split decision on his appeal.
In many cases, financial advisers feel more strongly about keeping a candidate out of the White House than voting one in.
New regulatory environment calls for a more holistic evaluation process.
Health-care costs are “the great unknown of retirement” for many advisers.
Plus: Trump would dump Yellen, bracing for the next housing bubble, and 401(k) realities that should not be ignored
Purchase of Wall Street Financial Group is the firm's ninth and second in as many months.
The DOL fiduciary rule and competition from robo-advisers will continue to result in pricing pressure.
The Financial Services Institute is pleased to see the regulator putting forward a broad-ranging slate of common-sense improvements, writes FSI CEO Dale Brown.
A new study identifies how much, on average, is all right to spend without first talking to your partner.
Introduction of bill to kill Treasury's rule curbing tax-planning strategies comes as Hillary Clinton announces an increase to her top estate-tax rate.
The retirement industry has increasingly called for open MEPs as a way to close the coverage gap in the private sector, and recent congressional moves make them a strong likelihood.
Seventy-four percent of Elite RIAs said technology is strengthening their effectiveness as advisers, allowing them to better customize services to their clients.
Multiple studies have found that about two-thirds of all divorces are initiated by women.
Senate panel urges agency to improve guidance on when to claim benefits after a study by the Government Accountability Office showed government representatives often give out misleading information.
Legislation also would require defined-contribution plans to make lifetime income disclosures, and allow small employers to combine plans.
Independent broker-dealers expected to be hardest hit, with a 22% loss in revenue.
Selection process will be like a suitability standard on steroids, requiring an analysis like those done by a financial planner.
