Lawrence M. Thomas refused to appear for testimony in connection with sales of the product.
Kim Dee Isaacson also allegedly made unauthorized trades in the 71-year-old client's account.
What to consider when helping clients sufficiently insure their most significant asset
All advisers should be taking steps to prepare clients for the reality of a correction.
While some give him high marks for his willingness to listen, other say it's time he put what he's heard into action.
Those who are already receiving benefits could get a boost from a cost-of-living adjustment projected for next year. But will it make up for the negative impact of rising inflation?
As some provisions are implemented, the regulation's future remains a mystery. <i>(</i><b>More:</b><i>​ </i><i><b><a href="http://www.investmentnews.com/section/fiduciary-faq" style="color:#b10816" target="_blank">FAQs shed light on nuts and bolts of DOL rule</a></b></i><i>)</i>
These strategies can help stave off the increase in taxes that required minimum distributions usually cause.
The team is comprised of four-advisers, working in Paramus, N.J.
Lawrence Allen DeShelter faces 20 years in prison.
Firms have trimmed their lineups of investment products, leveled broker compensation and standardized compensation across product lines
Sheik F. Khan, formerly with Ameritas in Pasadena, Calif., misled private-deal investors.
Some wait for Trump to conclude review before telling clients about rule.
<i>InvestmentNews</i> senior reporter Mark Schoeff Jr. gets the skinny on the next phase of the fiduciary rule's rollout.
Don't just think about risk tolerance when it comes to investments.
Relying on mainstream concepts is becoming dangerous for retirement plan advisers when working with clients.
Twenty-three year veteran Anthony Joseph Verzi decides not to testify during regulator's inquiry.
The regulation will trigger a fiduciary acknowledgement from advisers. But, strangely, it's not a disclosure mandated by the rule itself.
Financial CHOICE Act faces long odds in Senate. Meanwhile, House and Senate Republicans introduce stand-alone legislation to scuttle the regulation.
Investment management and financial planning will take a back seat to just making clients' lives easier.
