Taking $2.6 billion in assets with him, Carson is second prominent adviser to leave LPL this month. <b><i>(More: <a href=""" target=""_blank"" rel="noopener noreferrer">Carson on why we're on the eve of massive disruption in financial services</a>)</i></b>
Clients are too often being presented with comparisons of hypothetical values for the in-force policy versus some sales proposal/illustration.
Awards for damages tied to the island's debt crisis continue to climb this year.
Oppenheimer has about $3.5 billion in Puerto Rican debt spread across 19 funds, according to Morningstar.
<i>Breakfast with Benjamin</i> Plan to default on $1 billion worth of general obligation bonds has markets on alert.
Many believe it is aimed at broker-dealers, but they could be in for a rude awakening
Younger generations may opt to go robo at their local financial institution rather than seek out an adviser.
Many decisions and actions are required for a senior move, and professional services can assist your clients in making them.
The left side of the aisle is likely to hold together well enough to ensure the rule is modified rather than taken off the books.
Automated-adviser says professional services firms are especially interested in its retirement advice technology.
Advisory boards provide feedback that can help firms deliver the kind of experiences that turns clients into their advocates.
Morgan Stanley, Ameriprise Financial, Raymond James and others are finally showing their cards.
During one nine-month period, the firm failed to deliver close to 2.1 million prospectuses to online customers because of a missing hyperlink.
Strategists at Matthews Asia believe turbulent times could be ahead.
Regulator said fund company misled investors about the performance of its actively managed Total Return ETF.
The architect of the Department of Labor fiduciary regulation claims it is already paying dividends by lowering costs for investors &mdash; and isn't going away.
Small-cap value funds have soared 21.37% this year, vs. 2.66% for large-company growth funds, one of the largest disparities between U.S. diversified stock funds in recent memory.
The practice boosts employees' savings rates, but it may also increase their consumer debt, according to new research.
