By asking these questions, investors can avoid financial advisers who don't put their interests first.
Many broker-dealers &mdash; including Merrill Lynch, Morgan Stanley and Wells Fargo &mdash; are preparing for the changes in operations the rule would have created. <b>Plus: <a href="//www.investmentnews.com/section/video?playerType=INTV&bctid=5309561439001&date=20170203"" target=""_blank"" rel="noopener noreferrer">Advisers react to Trump's DOL rule decision</a></b>
Not all digital advice platforms are created equal. But which one ultimately serves your clients best will take a bit more time to tease out.
A final version of the document does not direct the DOL to delay the rule for six months, nor does it tell the agency to consult with the Department of Justice to seek a stay of the litigation surrounding the rule.
The DOL is expected to prepare an updated economic and legal analysis concerning the likely impact of the rule.
President Trump's decision to halt the DOL fiduciary rule drew mixed reactions from industry professionals.
The move scrambles the fierce six-year battle over the rule, which would require financial advisers to act in the best interests of their clients in retirement accounts. <b>Plus: <a href="//www.investmentnews.com/section/video?playerType=INTV&bctid=5309561439001"" target=""_blank"" rel="noopener noreferrer">Advisers react to Trump's DOL fiduciary rule decision</a></b>
The claimants alleged the Connecticut investment bank negligently supervised its broker.
Couples spend an average of $78,464 to get married in the most expensive wedding location &mdash; and the honeymoon isn't included.
Social Security simply doesn't provide enough income for people without defined benefit pensions and 401(k)s who can't afford to save, or to save more.
Divorce distribution and management fees
TD Ameritrade Institutional will add new tools to its Veo One platform that employ analytics to help financial advisers understand their practices better and a dashboard to pinpoint client-service issues.
How advisers charge needs to start matching up with their value.
The chairman of the House Rules Committee said in a letter that the rule would foist “mountains of paperwork” on financial planners while denying “access to quality investment advice” to millions of investors.
Offers guarantee on services.
Adviser Investments buys Braver Wealth Management, creating 80-person firm
In a lawsuit that has ramifications for financial advisers actor Johnny Depp has sued his former business managers, The Management Group, claiming that the firm engaged in gross mismanagement, self-dealing and fraud.
While some call the annuities 'odious' due to complexity, others believe they're more straightforward than other annuity products.
There are several ethical breaches in this tale, and not all of them land at the feet of the adviser.
