As the DOL fiduciary rule puts pressure on fees, B-Ds will have to make the case why their services justify what they are charging their clients.
Jeffrey Tolbert will manage firm's Oak Brook, Ill., office.
Says fiduciary rule will become the 'way business is done' — even if it is repealed.
The Securities Investor Protection Corp. has replenished its coffers from the financial crisis and is now cutting its assessments to B-Ds. Will the savings stop there?
Kevin Graetz was also fined $10,000 for not updating U4s over seven years.
As part of its review, Finra is seeking comments by June 29
Philadelphia-based Richard Grobman leaves with branch's administrative manager.
Starting June 10, verification code required to access personal accounts.
$16.5 billion RIA marks the 10th deal this year and largest ever for the roll-up firm
The largest record keeper is being more aggressive than its peers in pushing fiduciary services for retirement plans and participants, observers say.
Financial advisers should be cognizant of where the market is now relative to where it has been — and how that might be influencing their clients.
While T shares and clean shares are different, they could solve important pricing questions for the fund industry — and even obliterate many share classes.
Created to help ease conflicts, the new class has some drawbacks
Fidelity Investments says auto enrollment and auto escalation are pumping up retirement savings.
Employees allege the firm failed to act in their best interests when managing their retirement plans.
"Auto-escalation" helped the average balance in a Fidelity account reach $95,500.
Financial advisers can keep clients out of firing line by confirming they're alive.
Wirehouse's new recruiting strategy will focus on hiring and training younger advisers at the expense of signing top producers from rival firms.
Advisers should have their antennas up when an IRA owner dies and leaves the IRA to a non-spouse beneficiary.
Undergraduates who take out federal loans will pay almost 20% more in interest.
