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As donor-advised funds grow in popularity, they may draw more scrutiny
REGULATION AND LEGISLATION MAR 01, 2019
As donor-advised funds grow in popularity, they may draw more scrutiny

Vehicles offer way to get tax breaks for bundling donations while delaying the giving part.

By Mark Schoeff Jr.
Adviser trade associations, investor advocates split on Nevada's authority to implement fiduciary rule
REGULATION AND LEGISLATION MAR 01, 2019
Adviser trade associations, investor advocates split on Nevada's authority to implement fiduciary rule

SIFMA, FSI, Investment Adviser Association say hands off; 16 advocacy groups say bring it on.

By Mark Schoeff Jr.
HSA assets should hit $75 billion by end of 2020, study projects
RETIREMENT PLANNING FEB 28, 2019
HSA assets should hit $75 billion by end of 2020, study projects

Researcher Devenir says number of accounts grew 13% last year to 25 million.

By InvestmentNews
Adviser managing $190 million leaves Wells Fargo for Alex. Brown
INDUSTRY NEWS FEB 28, 2019
Adviser managing $190 million leaves Wells Fargo for Alex. Brown

Elana Milianta will work in firm's Greenwich, Conn., office.

By InvestmentNews
New Jersey poised to create auto-IRA program
RETIREMENT PLANNING FEB 28, 2019
New Jersey poised to create auto-IRA program

The Garden State would be the sixth state to create such a retirement program, and experts say it's likely others will join the ranks this year.

By Greg Iacurci
Cetera Financial Group reels in $5 billion in assets to start 2019
BROKER DEALERS FEB 28, 2019
Cetera Financial Group reels in $5 billion in assets to start 2019

Chairman says management is 'rock solid' despite the departure of CEO Robert Moore.

By Bruce Kelly
RIAS FEB 28, 2019
March 9, 2009: Financial advisers share lessons, scars from rock bottom

As the day approached, advisers felt the pressure and clients lost patience.

By Jeff Benjamin
Key Senate Democrat raises concerns about SEC advice reform proposal
REGULATION AND LEGISLATION FEB 28, 2019
Key Senate Democrat raises concerns about SEC advice reform proposal

During hearing, several bills affecting advisers and brokers receive initial Senate consideration.

By Mark Schoeff Jr.
Chicago-area 'adviser' convicted in $10 million swindle
INDUSTRY NEWS FEB 27, 2019
Chicago-area 'adviser' convicted in $10 million swindle

Shawn Baldwin found guilty on seven counts of wire fraud.

By InvestmentNews
Fidelity says it fully discloses fund fees in 401(k) plans
RETIREMENT PLANNING FEB 27, 2019
Fidelity says it fully discloses fund fees in 401(k) plans

Department of Labor is allegedly investigating asset manager's infrastructure fee that is the focus of a 401(k) lawsuit.

By Bloomberg
Democrats offer `Medicare for All' bill to transform health care
RETIREMENT PLANNING FEB 27, 2019
Democrats offer `Medicare for All' bill to transform health care

Measure would replace almost all private health insurance.

By Bloomberg
Wells Fargo sees 'possible' legal losses rising by $500 million
WIREHOUSES FEB 27, 2019
Wells Fargo sees 'possible' legal losses rising by $500 million

Bank ups its estimate of how much it might have to spend to resolve investigations and claims related to its scandals.

By Bloomberg
CFP Board chief executive Kevin Keller joins $1 million compensation ranks
REGULATION AND LEGISLATION FEB 27, 2019
CFP Board chief executive Kevin Keller joins $1 million compensation ranks

Other seven-figure earners include top executives at ICI, SIFMA.

By Mark Schoeff Jr.
Are the economics of active management becoming unsustainable?
RETIREMENT PLANNING FEB 27, 2019
Are the economics of active management becoming unsustainable?

Fidelity called the viability of a major fund platform into question, according to a report.

By Greg Iacurci
INDUSTRY NEWS FEB 26, 2019
Advisers serving $800 million in assets leave Ameriprise for LPL

Intellectual Capital Group is based in Spring Lake, N.J.

By InvestmentNews
Creative Planning makes first acquisition, adding $500 million in AUM
RIAS FEB 26, 2019
Creative Planning makes first acquisition, adding $500 million in AUM

Minneapolis-based Johnston Group will increase presence in Northern Plains.

By InvestmentNews
The 10 biggest threats for retirement plan advisers
RETIREMENT PLANNING FEB 26, 2019
The 10 biggest threats for retirement plan advisers

A confluence of factors is poised to marginalize advisers providing 401(k) services over the next three years.

By Fred Barstein
Morningstar study says advisory clients are stuck on investment performance
RIAS FEB 26, 2019
Morningstar study says advisory clients are stuck on investment performance

Citing Vanguard's research, Morningstar says advisers need to emphasize the value of behavioral coaching over portfolio management

By Jeff Benjamin
Active managers change 401(k) sales divisions
RETIREMENT PLANNING FEB 26, 2019
Active managers change 401(k) sales divisions

Schroders, Cohen & Steers Inc. and ICMA-RC are examples of firms that have ramped up their investment teams as others have restructured or scaled back.

By Greg Iacurci
Medicare and the high cost of prescription drugs
RETIREMENT PLANNING FEB 26, 2019
Medicare and the high cost of prescription drugs

There is no annual limit on out-of-pocket costs under Medicare Part D.

By Mary Beth Franklin