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INDUSTRY NEWS FEB 27, 2018
Are LPL and Cetera Financial Group a potential match?

At least one analyst thinks so, noting that LPL has acknowledged that M&A is a good use of the company's capital.

By Bruce Kelly
RIAS FEB 27, 2018
Charles Brandes steps down as chairman of investment firm

Founder of $31.2 billion firm exits after a divorce dispute.

By Bloomberg
REGULATION AND LEGISLATION FEB 27, 2018
Fiduciary advocate calls for immediate enforcement of DOL fiduciary rule

Consumer Federation of America cites Massachusetts action as one to emulate, in letters to the Labor Department and various regulators.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION FEB 27, 2018
FSI aims for workable best-interest standard this year

Group supports the SEC's effort to establish a uniform standard of care.

By Dale Brown
RIAS FEB 27, 2018
How market moves affect advisers' bottom line

The increasing use of asset-based fees has solidified the relationship between advisory firms' fortunes and financial markets.

By Matt Sirinides
RETIREMENT PLANNING FEB 26, 2018
Popular 403(b) resource launching directory of fiduciary advisers

Registered reps and insurance agents won't be included on the clearinghouse.

By Greg Iacurci
WIREHOUSES FEB 26, 2018
Ex-Wells Fargo rep barred and arrested for ripping off elderly

Authorities say Jeffrey Palish's misdeeds against elderly clients netted him anywhere from $180,000 to $600,000.

By InvestmentNews
PRACTICE MANAGEMENT FEB 26, 2018
LPL wraps up NPH adviser move, declines to say whether it reached revenue goal

LPL said earlier this month that it was on track to move over 70% of NPH's revenue.

By Bruce Kelly
OPINION FEB 26, 2018
Ask the Ethicist: Should a financial adviser accept an inheritance from a client?

The adviser overstepped his bounds, and here's why

By Dan Candura
PRACTICE MANAGEMENT FEB 26, 2018
UBS buckles to pressure over non-solicitation agreements

Changes will be pegged to brokers' 2018 bonuses instead of those for 2017. But is this a trend other firms will follow?

By Jeff Benjamin
RETIREMENT PLANNING FEB 26, 2018
Even the strongest retirement plans can be derailed by health care costs

New guide offers ideas for estimating and funding retiree health care.

By Mary Beth Franklin
FIXED INCOME FEB 26, 2018
Finra panel awards five UBS clients $521,000 in damages over Puerto Rican bonds

Puerto Rican residents charged the firm with fraud and breach of fiduciary duty.

By InvestmentNews
INDUSTRY NEWS FEB 26, 2018
Cetera sale talk another distraction for advisers

Company emerged from bankruptcy less than two years ago; plans to brief advisers Tuesday afternoon

By Bruce Kelly
BROKER DEALERS FEB 24, 2018
Broker protocol: Indecision over recruiting agreement is rampant

Ruckus over recruiting agreement has even wirehouse lifers wondering if it's time.

By Bruce Kelly
REGULATION AND LEGISLATION FEB 24, 2018
DOL fiduciary rule enforcement won't be halted after all

Massachusetts may be just the first state to hold firms accountable.

By crain-api
RETIREMENT PLANNING FEB 23, 2018
NYU lawsuit becomes first 403(b) fee case to go to trial

The university was one of about a dozen prominent schools sued by Jerry Schlichter in 2016.

By Greg Iacurci
RIAS FEB 23, 2018
Ohio RIA with $4 billion in assets to join Focus Financial

Firm started as a regional brokerage in 1898; deal aids succession planning.

By Bloomberg
REGULATION AND LEGISLATION FEB 23, 2018
SEC chairman Jay Clayton says market needs 'clarity' on adviser-client relationship

SEC Chairman Jay Clayton put a fiduciary-rule proposal at the top of the agency's rulemaking agenda on Friday, saying that the market needs "clarity" on the relationships between financial advisers and clients.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION FEB 23, 2018
SEC Chairman Jay Clayton outlines goals for a new fiduciary standard

Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.

By Mark Schoeff Jr.
INDUSTRY NEWS FEB 23, 2018
Americans don't just want SUVs. They need them

As more people participate in activities like paddleboarding and rock-climbing, bigger rigs come in handy to haul all that gear

By Bloomberg