Action contrasts with House panel vote last week, which gave agency $300 million less
Everything they do is magic, but they have to earn their own living, adviser says.
After severe weather crimped its recruiting efforts over the winter, LPL Financial says it's seeing a return to normal levels of adviser movement but that the once-hot nontraded REIT market is cooling off.
The measure has bipartisan support going forward, but hurdles remain.
Proponents of the strategy tout its effectiveness in any rate environment.
Small data, or the information you can access and interpret from resources within your own firm, can pay off big.
Plus: Individual investors zig as professionals zag, hedging the U.S. market by going global, Citigroup in the spotlight, and futbol mania
Personalized financial advice should take cues from the robo-adviser trend/
It probably won't be available for sale for another year.
Independent broker-dealer plans to invest $150 million, add 2,000 jobs in region
Advisers can take cues from robo-advisers to enhance their services and relationships with clients.
A federal U.S. Court of Appeals panel said U.S. District Judge Jed Rakoff was wrong to reject $285 million SEC settlement with Citigroup. The court said the judge abused his discretion. Case also bolsters agency's policy of not forcing firms to admit guilt when it settles cases.
HighTower chief executive Elliott Weissbluth says adding new platforms will help the firm achieve a business model and scale comparable to that of Raymond James. Mason Braswell has the story.
<i>Breakfast with Benjamin: </i>Citi under the FBI microscope. Plus: Using P/E ratios to dispel bubble theories, re-calculating the size of the nation's oil reserves, big banks and big overdraft fees, GM and political grandstanding, and it's always a good time to teach kids about money.
An idea being floated by the Securities and Exchange Commission that would make financial advisers gatekeepers for private placements is getting a cold reception.
After 18 years, David Tittsworth is leaving the Investment Adviser Association, a group he led during a period of expanding regulation.
The bill preventing a government shutdown includes SEC funding hike and allowance to cut pensions. Left out is language that would have killed the DOL's fiduciary rule.
Wall Street resistance has helped slow down a pending Department of Labor rule to strengthen standards for advisers to retirement plans. With a re-proposal slated for January, the Securities Industry and Financial Markets Association is urging more of its firms to contact Congress to oppose the measure.
