Nearly 90% of respondents to a Financial Services Institute survey indicate their support for repeal.
Advisory firm hunts down a cloud-based system to make compliance more automated.
Many adviser marketing budgets also set to increase, with social media the focus.
If the president-elect rolls back the DOL fiduciary rule and spends trillions on infrastructure, old-style fund companies might make a comeback
Decision comes a little more than two weeks after a DC district judge also denied a preliminary injunction by an insurance group.
But without pensions, boomers won't have a choice.
While some bond strategies are eking out a modest return, a shift in thought toward taking distributions from a total return portfolio broadens advisers' options.
The wirehouse's public fanfare about ditching IRA commissions under new fiduciary regulation would be a large factor in deciding to stay the course.
One customer with stage 4 cancer allegedly had nearly all her assets placed in a variable annuity.
In addition, Voya Financial and four Cetera Group firms will pay customers $6.3 million in restitution.
Morgan Stanley clients may also choose individual retirement accounts that are fee-based.
The new rule represents an important reflection of regulatory thrust underscored by consumerism. <b>Plus, watch <a href="//www.investmentnews.com/section/video?playerType=Events&eventID=Morningstar2013&bctid=2477367578001&date=20130613"" target=""_blank"" rel="noopener noreferrer">Mr. Bogle make the case for why anyone handling money for investors should be a fiduciary</a>.</b>
On a tear before the election, the average fund is down 4.4% after it because of president-elect's rhetoric about countries like Mexico and China.
If you're saving for retirement or other long-term goals, too much fear and caution can be dangerous.
After a seven-year bull market, few funds have offsetting losses to reduce those gains. Expect the biggest distributions from small-cap funds.
New rules require weighing claiming strategies against competing income goals.
