Investment advisers might assert unfair competition if 'best interest' and 'fiduciary' terminology merge while standards differ.
Merrill embraces it, while Wells Fargo has moved away from the practice.
RIA aggregator plans to leverage the public equity markets for continued global expansion
Banks including JPMorgan and Bank of America conspired to fix prices on floating-rate municipal bonds, according to suit.
The mutual fund giant's assets under management fell 1% last year, but its revenue rose 12%.
The trade association representing major brokerage firms spent $6.6 million in 2018.
New York-based firm reaches $3 billion under management with latest addition.
The broker, Bruce Worthington, allegedly took nearly $100,000 from client's account over 13 years.
Increasing costs for customers and trying to get out of contractual guarantees have become commonplace for insurers.
The VAs are at the heart of an ongoing dispute with brokers and broker-dealers over canceled trail commissions.
Brokers are rejecting a culture driven by leaders who lack ethics and who have never been advisers.
Bank was found guilty of helping French clients hide assets from tax authorities.
Penalties dwarf what bank set aside for legal issues and exceed earnings for all of last year.
CEO Robert Moore's resignation signals further adjustments at the IBD network.
Rising interest rates and a volatile stock market pushed 2018 sales to a record, including all-time-high indexed annuity sales.
M. Bradley Winges becomes head of Dallas-based securities firm.
Those turning 66 this year are the last group eligible for the spousal claiming strategy.
Franklin Templeton settlement is among the largest in recent self-dealing cases.
Lower fees will help you sustain your business and fulfill your fiduciary duty
