Investment management and financial planning will take a back seat to just making clients' lives easier.
While Washington wrestles with the fate of the fiduciary rule, the financial advice landscape remains supremely dangerous.
The fact that the impartial conduct standards are the sole requirement of BICE during the transition period speaks volumes to their importance to retirement advisers.
The concept of the rule has divided our industry in ways no one could have predicted.
Central bank policies are artificially driving up asset prices while creating little growth, according to the manager of the Janus Henderson Global Unconstrained Bond Fund.
A request for information sent yesterday to the Office of Management and Budget is the first step in reviewing the rule, Mr. Acosta said. <b>Plus, <a href="http://www.investmentnews.com/article/20170607/FREE/170609954/investment-adviser-association-members-take-complaints-about-dol" style="color:#b10816" target="_blank">Investment Adviser Association members take complaints about DOL rule to Capitol Hill</a>.</b>
The tool is part of a series of upgrades that the Los Angeles-based firm is making to its technology platform for advisers.
The organization supports the underlying goals of the DOL rule, but thinks it should be "more appropriately tailored" to investment advisers.
But probably not from government's infrastructure plans.
The brokerage cites "additional flexibility" granted by the DOL in recent guidance as a determining factor.
Tuition versus cost of living in the U.S., state by scary state.
Commodity funds have lost an average 8.7% a year over the past five years.
The firm is cutting more than 1,500 funds that no longer meet its due diligence standards.
But a significantly higher increase would not make up for the negative impact rising inflation has had on seniors' buying power.
Low-cost funds and automatic investing programs can help narrow gap between fund performance and investors' returns.
One retirement study needs to make its results more meaningful in terms of actually identifying voluntary poor behavior.
Agency says Utah broker-dealer failed to document suspicious microcap stock trades