Critics say the measure's due diligence and monitoring requirements for third-party providers of portfolio management and other services are unnecessary given advisors' fiduciary duty.
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
His 10 calls for this year suggest a smoother ride for the markets that could depend on more action from Washington.
Last year's inflation, the highest in decades, means married couples can now hand their heirs almost $26 million tax-free, $1.7 million more than in 2022.
Dallas-based Matt Irwin has 24 years of experience, all with Amerprise and a predecessor firm.
It isn't just a matter of identifying clients who are interested, but of removing whatever obstacle is keeping them from investing.
When aggregator Wentworth Management Services goes public by merging with a SPAC, Kingswood, sometime in the next few months, industry veteran Roth will serve as chairman.
Mary Beth Franklin, who launched her final career phase as a weekly columnist in 2012, will continue writing a monthly column for InvestmentNews.
Morgan Stanley was penalized for failing to catch excess sales charges and fees from mutual fund transactions between 2015 to 2021.
On first glance at the comprehensive legislation, increasing the RMD age and boosting catch-up contributions are popular.
Using white out and other means, the rep doctored client financial information disclosure forms, according to Finra.
InvestmentNews subscribers have been able to count on Mary Beth Franklin’s weekly column for intelligent and compassionate answers.
GWG was a 'classic Ponzi scheme,' according to a group representing investors.
Several policies that affect advisers — in addition to the SECURE 2.0 retirement-savings bill — catch ride on last vehicle moving through Congress this year.
Here’s a look at strategies that today’s advisers are using to enhance the charitable giving of their clients and their foundations.
Instead of viewing compliance as an obstacle, look at it as an opportunity to create messages that reach, influence and persuade more people than ever to pay you to build their wealth.
The measure contains 92 retirement savings provisions — including increasing the RMD age, raising catch-up limits and expanding automatic enrollment — that give Republicans, Democrats and the financial industry plenty to love.
Doctors invest significant time and money into their careers upfront, which means starting out with a huge debt load. Meanwhile, their earnings don’t reach full potential until much later in life.
When advisers are focused on the activities they enjoy, flexing their best skill set, they will win and be happy while doing it.
Accounting-oriented Strategic Planning Group is based in Fishers, Indiana.
