Hot on the heels of some big victories, law firm Schlichter Bogard & Denton has filed a new complaint alleging fiduciary breach under ERISA.
Financial adviser technology M&A activity totaled nearly $4 billion in 2015, led by SS&C's blockbuster acquisition of Advent and marked by smaller deals for services ranging from financial planning software to robo-adviser technology.
As the robo-adviser movement gains traction and giants such as Schwab and Vanguard flex their muscles in the space, competitors are trying to outmaneuver each other to survive.
Breakfast with Benjamin: Securitization comes back and it's not all bad...Plus, how JPMorgan is positioned for rising rates, Deutsche Bank suspends currency traders, GM pays a dividend, and more minimum wage math.
New Social Security rules will limit claiming options for ex-spouses.
<i>Breakfast with Benjamin</i>: SEC backs away from part of its charges, moving Steve Cohen a step closer to again managing outside capital.
As part of a strong cybersecurity policy, advisers need to pay more attention to stronger password, fingerprint scanners and other technologies to protect their data, especially as the Securities and Exchange Commission sets its sights on cybersecurity this year.
Increased fraud protections in response to last year's explosion of refund theft will likely draw out the wait for your money.
Allowing employees more flexibility and control over their work routines can lead to greater productivity and a long-tenured team.
Some are feeling skittish about their future prospects as parent company RCS Capital Corp. operates under an $800 million debt burden.
Rule limiting fund leverage represents one of the most aggressive responses by regulators to risks exposed during the 2008 financial crisis
Client-relationship management program Microsoft Dynamics announced upgrades on Monday, but some financial advisers say the platform is still not ready for the big leagues.
As Morgan Stanley's head of wealth management, Greg Fleming, steps down, Jim Rosenthal, chief operating officer, is stepping up to take the reins of the firm's impending digital offering.
Fees in 401(k)s and IRAs vary greatly &mdash; and they could be silently killing your investment returns.
Allegations include that the bank didn't disclose its preference for putting clients' money into its own investment products.
Group also suggested a pool of arbitrators be trained to conduct expungement hearings, but didn't touch the mandatory aspect of arbitration.
Your clients have only a brief window to take advantage of certain Social Security claiming options under existing rules.
Cuts amounting to 25% of fixed-income trading staff plus reductions in infrastructure and support roles, result in $150M charge.
Presidential candidate Hilary Clinton directed Democrats in Congress to stop Republican lawmakers from adding language to a government spending bill that would effectively kill a pending DOL rule.
The large settlement underscores the need to ensure reasonable fees and asset classes for investments, and that the overall value of services matches up with cost.
