American Funds, Fidelity Investments and Lord Abbett & Co. LLC are among a number of fund companies that will have to rethink how they serve the retirement marketplace through advisers if a proposed revamp of 12(b)-1 passes.
Talk about a fashion statement.
Financial advisers say clients are booking gains now at cheaper tax rate; 'better bang for the buck'
Whether it's helping downsized clients, assisting retirees whose benefits are being chiseled away or advising small-business owners on health care options for their companies, a growing number of financial advisers find themselves navigating the murky waters of health care insurance.
The commission proposes to reverse Dodd-Frank proviso and reinstate the exemption shielding smaller operations from the agency's oversight
Technology will be the key that unlocks the mass-affluent market for financial advisers
Without a doubt, the answer to the question “What makes a person rich” marks a political divide in this country – a divide that is widening by the second as the mid-term elections fast approach.
Broker-dealers' sales of structured products, including private-placement notes and reverse convertibles, remain a top concern of state securities regulators, according to Joseph Borg, director of the Alabama Securities Commission.
In-vitro fertilization spawns confusion among wealth managers, trust attorneys; 'wide-open field'
When it comes to investment strategies, 94-year-old Edward Zajac takes the long view. And it's paid off handsomely.
The longer Congress drags out setting an estate tax rate and exemption level, the less likely it is to impose a retroactive tax for 2010, according to an economist with a leading agricultural organization.
ETF providers are lobbying for tighter restrictions on market orders as regulators consider additional rules to avert another “flash crash.”
After much discussion and anticipation, the Automatic IRA Act of 2010 was formally proposed Friday by Sen. Jeff Bingaman, D-N.M. If enacted, the bill could affect half of the country's working population.
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri to bring the number of U.S. bank failures this year to 72.
Bookkeeping change seen raising expense ratios for AMFs, tilting field in favor of index funds
On July 22, the Securities and Exchange Commission released a report from its Life Settlements Task Force which recommended that the SEC urge Congress to amend federal securities laws to include life settlements as securities.
Despite the protests of life insurance agents and broker-dealers, the Securities and Exchange Commission should decide in favor of a uniform fiduciary standard for all investment professionals, according to the new head of the North American Securities Administrators Association Inc.
