Advisor News

Displaying 28311 results
WIREHOUSES NOV 02, 2017
Morgan Stanley's broker protocol exit: How did we get here?

As the number of signatories to the protocol has swelled over the years, so too has the gamesmanship Morgan Stanley cites as its reason for leaving, according to experts.

By Greg Iacurci
RETIREMENT PLANNING NOV 02, 2017
Tax bill has huge changes for firms, individuals

The House legislation includes "no changes" to popular 401(k) retirement plans, but includes a measure to cut the corporate tax rate to 20%.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE NOV 02, 2017
Why the House tax bill could be a 'bonanza' for advisers

Clients may need to navigate shifting tax brackets, re-characterizations of Roth IRA conversions, reconsidering the value of charitable contributions, and restrictions on the mortgage interest deduction.

By Greg Iacurci
REGULATION, LEGAL & COMPLIANCE NOV 02, 2017
Advisory firm owners unlikely to see windfall on tax returns from House bill

Proposed legislation is designed to give manufacturers the lower 25% tax rate, not professional service firms such as financial advisers, lawyers and accountants.

By Mark Schoeff Jr.
FINTECH NOV 01, 2017
Sharing on social media: How to do it right every time

5 tips to avoid being that Twitter follower or LinkedIn contact who regularly spreads misinformation.

By Scott Kleinberg
RETIREMENT PLANNING NOV 01, 2017
House tax chief says he plans to preserve 401(k) pretax limits

Senate Democrats propose boosting annual limit on contributions to $24,500.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE NOV 01, 2017
Broker says she was fired for raising red flag about a wealthy client

JPMorgan Chase & Co. disputes Jennifer Sharkey's claim, saying firing was about poor performance, not her investigation of a client.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE NOV 01, 2017
Senate Banking Committee approves SEC nominees Hester Peirce and Robert L. Jackson Jr.

Confirmation by the Senate would give SEC full complement of five members for first time in more than two years.

By Mark Schoeff Jr.
OPINION NOV 01, 2017
Why Wirehouse Advisors Shouldn't Fear Going Independent

By Becca Hajjar
RETIREMENT PLANNING OCT 31, 2017
Trump administration seeks to give boost to 401(k) annuities

A Treasury proposal seeks to amend rules for plan sponsors to help them assess the long-term viability of insurance companies.

By Greg Iacurci
REGULATION, LEGAL & COMPLIANCE OCT 31, 2017
Ex-Merrill broker Thomas J. Buck pleads guilty to securities fraud, will pay SEC $5M

The ex-broker was accused of collecting $2.5 million in excessive commissions and fees from at least 50 clients.

By Mark Schoeff Jr.
FINTECH OCT 31, 2017
Fintech firms to use dark web to improve cybersecurity for advisers

United Planners, Redtail and others collaborate to launch a safer cyberspace for data.

By Jeff Benjamin
WIREHOUSES OCT 31, 2017
Did Morgan Stanley just kill the broker protocol agreement?

Firm's decision to walk away from agreement "overnight, increased the risk of other brokerage firms likely pulling out of the agreement, says compliance expert.

By Jeff Benjamin
REGULATION, LEGAL & COMPLIANCE OCT 31, 2017
Retirement-savings advocates to mobilize forces if tax-reform plan cuts benefits

If 401(k) pre-tax contributions are curtailed, several groups plan to launch nationwide campaigns against the effort.

By Mark Schoeff Jr.
FINTECH OCT 30, 2017
George Papadopoulos, financial planner, confused with key figure in Trump probe on social media

'For the nth time, I am NOT Trump's foreign policy adviser!' Mr. Papadopoulos pleads on Twitter.

By Mark Schoeff Jr.
MUTUAL FUNDS OCT 30, 2017
SEC penalizes UBS $3.5 million for overcharging on funds

Firm settles charges that it failed to provide less expensive share classes.

By InvestmentNews
RETIREMENT PLANNING OCT 30, 2017
Ted Benna, father of the 401(k), thinks tax reform that favors Roths is 'pretty stupid'

He believes reducing the pre-tax contribution limit on traditional 401(k) plans and encouraging 'Rothification' would lead the middle class to save less for retirement.

By Greg Iacurci
PRACTICE MANAGEMENT OCT 30, 2017
Morgan Stanley dumps broker recruiting protocol

Brokers moving to a new firm would be forbidden for 12 months from contacting clients once they left.

By Bruce Kelly
REGULATION, LEGAL & COMPLIANCE OCT 30, 2017
History of presidential shocks to the stock market

Most political scares have had short-lived effects on stocks. Here's a look at the big ones.

By John Waggoner
REGULATION, LEGAL & COMPLIANCE OCT 30, 2017
New Jersey smacks LPL with fine of nearly $1M over REIT, BDC sales

Settlement claimed firm let brokers sell excessive amounts of alternative investments as a percentage of their clients' total portfolios.

By Bruce Kelly