Simply playing the fiduciary card to win over investors may not work the way it did in the past.
Already expected to spur consolidation among broker-dealers, the DOL fiduciary rule could also hasten RIA mergers.
Plus: Oil is low and going lower, active managers get bested by a cat, and what you can learn from your rich neighbors
Parties will now have more time to prepare for a hearing and be able to take depositions, but concerns of fairness remain.
Ever since Congress created Roth accounts, savers have faced this quandary. Now new research answers the question.
Decision paves way for its biggest asset, Cetera Financial Group, to emerge as a privately held company.
Agency has filed 508 enforcement actions through the first three quarters of fiscal 2016, down 8% from last year.
Rep. Luke Messer's forthcoming bill seeks to alter administrative forums that he says 'trample' on people's rights and contribute to a fearful citizenry.
In about a year from now, 21 investment advisory firms representing about $518 million of assets will be required to switch to a state registration from the one they now hold with the SEC.
After laying low for weeks, opponents of the Labor Department's fiduciary rule finally push back.
Many community banks don't offer wealth-management or financial-advisory services.
Life insurance and annuity carriers are focused on growing distribution through brokers. Direct-to-consumer sales, though, reign king.
Improving credit scores might entice households to start borrowing more
Congressional Republicans continue to fight the measure that requires advisers to retirement accounts to act in clients' best interest.
The agency posted 13 technical corrections Thursday, one of which deletes six words that have caused confusion about use of the BICE.
Market Synergy's lawsuit, one of several targeting the Labor Department regulation, is set for Aug. 24 in a Kansas district court.
The party is set to endorse a levy on securities sales and to defend the DOL fiduciary rule when it meets at its national convention in Philadelphia later this month.
The deal follows a collaboration the two companies established in 2009 to provide clients with investment and tax management services.
