Advisor News

Displaying 26703 results
Obama-era fiduciary rule cut sales of expensive annuities: Study
LIFE INSURANCE AND ANNUITIES SEP 15, 2020
Obama-era fiduciary rule cut sales of expensive annuities: Study

Even though a federal appeals court vacated the measure in 2018, its impact lives on

By Mark Schoeff Jr.
Sutter Health hit with second lawsuit over $3.7 billion DC plan
RETIREMENT PLANNING SEP 15, 2020
Sutter Health hit with second lawsuit over $3.7 billion DC plan

The class-action cases point to allegedly excessive investment management fees

By Emile Hallez
Outspent by Wall Street, investor advocates focus on educating lawmakers on advice issues
WIREHOUSES SEP 15, 2020
Outspent by Wall Street, investor advocates focus on educating lawmakers on advice issues

One goal is to fortify Democratic opposition to Reg BI

By Mark Schoeff Jr.
80% of older workers financially illiterate: Survey
RETIREMENT PLANNING SEP 15, 2020
80% of older workers financially illiterate: Survey

The results show retirement will be an uncertain time for many, according to The American College of Financial Services

By Emile Hallez
How a Biden win in November reshapes investment advice rules
REGULATION AND LEGISLATION SEP 15, 2020
How a Biden win in November reshapes investment advice rules

Democrats scrapping the Trump administration’s reforms hinges on who’s picked to lead the SEC

By Mark Schoeff Jr.
Retirement advisory firms must adapt or face attrition
OPINION SEP 15, 2020
Retirement advisory firms must adapt or face attrition

National aggregators are forcing independents to act

By Dick Darian
Early estimate puts 2021 Social Security COLA at 1.3 percent
RETIREMENT PLANNING SEP 15, 2020
Early estimate puts 2021 Social Security COLA at 1.3 percent

That adjustment for next year would be small, but higher than previously expected

By Mary Beth Franklin
Team managing $500 million at Wells Fargo moves to Alex. Brown
INDEPENDENT BROKER DEALERS SEP 14, 2020
Team managing $500 million at Wells Fargo moves to Alex. Brown

A trio of advisers led by Steve Kanteliotis joins the Raymond James unit in Philadelphia

By InvestmentNews
Robos gain traction with affluent millennials: Study
FINTECH SEP 14, 2020
Robos gain traction with affluent millennials: Study

Millennials are the demographic using robo-advisers the most, and 50% of those millennials have $500,000 or more in assets

By Nicole Casperson
ESG could thrive in 401(k) plans, despite DOL rule
RETIREMENT PLANNING SEP 14, 2020
ESG could thrive in 401(k) plans, despite DOL rule

Even as the regulator moves to stem the funds in retirement plans, there are ample opportunities, according to speakers at the NAPA 401(k) Summit

By Emile Hallez
INmail: Claiming early nixes switching to spousal benefits
RETIREMENT PLANNING SEP 14, 2020
INmail: Claiming early nixes switching to spousal benefits

Unfortunately, clients can’t switch to a spousal benefit and allow their own retirement benefit to continue to grow until 70 for a few reasons.

By Mary Beth Franklin
SEC settles with charter-school operator over muni bond offering
FIXED INCOME SEP 14, 2020
SEC settles with charter-school operator over muni bond offering

The agency said Arizona’s Park View School misled investors about its financial condition

By InvestmentNews
Look again: Your annual goals are still within reach
OPINION SEP 14, 2020
Look again: Your annual goals are still within reach

As fall begins, take time to revisit your business plan for the year and figure out what needs to get done and who can do it

By Kristine McManus
Hybrid managing $250 million goes to LPL from Waddell
INDEPENDENT BROKER DEALERS SEP 14, 2020
Hybrid managing $250 million goes to LPL from Waddell

JTL Wealth Partners, based in Plano, Texas, has national ambitions

By InvestmentNews
UBS chairman explores merger with Credit Suisse: Report
WIREHOUSES SEP 14, 2020
UBS chairman explores merger with Credit Suisse: Report

Such a deal would create one of Europe's largest banks at a point when the industry is under pressure to consolidate

By Bloomberg
From new normal to new paradigm
RETIREMENT PLANNING SEP 13, 2020
From new normal to new paradigm

How half a year of quarantine has affected the financial services industry

By InvestmentNews
The digital shift is here — and it’s uncomfortable
FINTECH SEP 11, 2020
The digital shift is here — and it’s uncomfortable

Wholesale tech adoption comes with pitfalls

By Sean Allocca
How advisers can use tech to attract assets
FINTECH SEP 11, 2020
How advisers can use tech to attract assets

With no end in sight to remote work, advisers turn to technology to plot new growth strategies virtually from their living rooms

By Nicole Casperson
Enforcement, arbitration proceedings move online
PRACTICE MANAGEMENT SEP 11, 2020
Enforcement, arbitration proceedings move online

Taking testimony, conducting depositions and hearings remotely gains acceptance

By Mark Schoeff Jr.
Pandemic's financial, emotional toll prompts early retirements
RETIREMENT PLANNING SEP 11, 2020
Pandemic's financial, emotional toll prompts early retirements

Stress, employment concerns and market jitters have clients asking whether they are in good shape to stop working

By Emile Hallez