A good financial adviser — or, better yet, a team of them — would provide a sense of perspective and calm that would hopefully prevent this winner from following in the footsteps of so many past winners who wound up broke in just a few years.
Over an eight-year period, the B-Ds failed to properly supervise sales charge waivers to clients in retirement plans and charitable organizations.
With $243 billion in assets, CAPTRUST continues to grow on its own terms.
Teaching 401(k) plan participants good decision-making does work, but only with a radically new approach.
Judge dismisses lawsuit, citing lack of specific details to support allegations.
Adviser allegedly hid the true amount of fees he was charging them, leading the couple to pay $1.2 million more than they thought they were being charged.
Firms pledge more charitable support as assets increase in their ETFs.
According to the lawsuit, agents being recruited away have been encouraged to create contact lists and download data on flash drives to later solicit clients.
The landmark ruling in Tibble v. Edison offers lessons and insights into the duties of 401(k) plan fiduciaries. Read on to find out more
They combine the benefits of active management with liquidity, transparency and cost efficiency.
New report says staff errors resulted in lower payments to widows and widowers.
Survey of state securities regulators says most cases are undetected until too late.
Regulator was looking into charges that broker forged customer signatures.
The claim against defunct broker-dealer EDI Financial Inc. highlights a growing problem of unpaid arbitration awards.
GOBankingRates report measures how long a million dollars would last for retirees, state by state.
Meanwhile, few brokerages and their trade associations, which blasted the DOL's fiduciary rule in comment letters, are responding to the CFP Board's proposal.
Fixed income and emerging markets are areas where active funds make sense, some experts say.
Andrew Hill in Alpharetta, Ga., affiliates with HighTower.
The worst outcome would be if the regulation is gutted after the review.
