If advisers are truly looking out for the best interests of their clients, the 60-40 portfolio approach needs to change.
House poised to approve continuing resolution that freezes SEC budget, while agency's chairman says funding not enough to support expanded adviser exams
Republicans reject SEC user-fee amendment to appropriations bill that would have provided additional funding for adviser exams
Citing concerns over investor protection, SEC commissioners will take up a Finra proposal that would allow arbitrators to alert Finra to broad investor threats during dispute hearings.
More cooperation, aggressiveness leading to uptick in criminal cases
Fights often arise when there are second families; even if peace reigns, putting your wishes on paper alleviates stress
The choice of when and how to claim Social Security benefits can affect the three biggest financial risks that retirees encounter.
UBS is preventing some clients from investing in Pimco funds following the abrupt departure of Bill Gross, as well as increased scrutiny from influential investment researchers.
Wells Fargo Advisors continues to build on its recruiting momentum with the addition of a trio of former JPMorgan Chase & Co. private bankers.
Tips for passing your valuable collection on without sparking a feud or drawing Uncle Sam's ire
Administrative action follows Federal Court order for adviser Paul Marshall and associated companies to pay fines and disgorgement of more than $15 million.
Republican indicates a preference for enhanced disclosure.
New study pegs the annual cost for industry at $310 million, but fees for individual firms would vary based on AUM.
Despite record revenue at UBS Wealth Management Americas, profits fell in the second quarter as the firm reported that it had to set aside $44M for litigation costs, mostly related to the firm's investments in Puerto Rico.
Muni bond funds face ongoing Puerto Rican woes as Franklin Templeton and OppenheimerFunds challenge legality of Puerto Rican debt law
James “Jeb” Bashaw is now registered with small broker-dealer International Assets Advisory.
Regulators homing in on whether insurers are presenting a picture of performance that's too rosy.
Massachusetts Commonwealth Secretary William Galvin announces payment to reimburse senior citizens for surrender charges paid when switching variable annuities.
Only 5% of retirees claim past 67. But taking your Social Security benefits later can offset threats of longevity, inflation, markets downturns.
Former BloombergBlack honcho John Michel picks up where his last gig left off, and picks up Lebenthal Wealth as a client.
