Clients want their priorities taken care of in a non-conflicted way and want to be empowered to make better financial choices.
Executive has been listening to advisers' worries for months, and finds serious confusion remains about responsibilities under the new regulation.
Under the regulation, any employee who makes less than $47,476 annually will earn overtime pay.
New report details the high cost of living longer with fewer resources than men.
Regulator said reps were incentivized to sell firm's annuities and discouraged from selling non-proprietary products.
Technology can enable a more efficient human connection during times of financial uncertainty.
In their race to expand, RIAs are attracting unusual investors who are sometimes willing to offer better terms and take longer views of their investments than traditional lenders.
Edward C. Johnson III to become chairman emeritus.
Variable annuity sales are headed for their lowest annual sales total in nearly two decades, as broker-dealers embrace indexed annuities and the DOL fiduciary rule looms.
A number of longtime 401(k) plan designs fail to reflect a new workforce, according to a Government Accountability Office report.
Whatever your business model, you'd better be prepared to disclose that compensation.
Analysts, advisers struggle with when, where and why to use alts
More than half of those surveyed plan to talk to their financial advisers about policy changes that will impact their investment portfolios and financial planning strategies.
The firm's chief investment strategist says traditional investing strategies like the 60-40 portfolio are outdated and risky.
Ms. Bennett is being investigated for a debt deal done while working at Western International Securities.
Adviser was facing IRS liens when he charged clients in their 90s for four years' worth of financial planning.
Stephen S. Eubanks used the money to fund his lifestyle and pay earlier investors, according to William Galvin, Secretary of the Commonwealth in Massachusetts.
Adviser said she was reduced to a "glorified secretary" and fired after reporting a superior for violating insider trading rules.
But Steven Mnuchin, a member of the transition team's executive committee and a former Goldman Sachs Group Inc. partner, is still thought to be the front-runner.
Can a retiree with a small practice join a firm without giving up her hourly clients?
