Two sets of benefits exist for ex-spouses depending on their birth dates.
By picking up 883 Transamerica advisers and $25 billion in client assets, its Signator Investors B-D now has the scale to compete profitably in era of increased regulation and rising costs.
Edmond Walters, the founder and former CEO of eMoney Advisor, brings a background in technology to the broker-dealer network.
The transition will be completed by the time the Department of Labor fiduciary rule takes effect.
Her nearly four-year tenure has been highlighted by high-profile enforcement cases and plagued by internal battles that stalled controversial policies.
Digital-advice firms tell the Securities and Exchange Commission they put clients' interests first and that some regulatory updates are needed as digitization of the industry grows.
Paul Atkins, chief executive of compliance consultant Patomak Global Partners and a former SEC commissioner, could select from among his coworkers or even recommend himself.
The bond market selloff is getting more serious, with some popular funds down nearly 20% since the summer.
Regulator claims Securities America Advisors and Triad Advisors "acted inconsistently with their fiduciary duties."
Stuart G. Dickinson is ordered to pay close to $1 million in restitution.
Paul Lebel, an LPL broker from 2008 to 2014, defrauded four customers by churning several of their accounts, according to the SEC.
Finra has permanently barred a former broker who was terminated by his former employer, Stifel, Nicolaus & Co., for making unauthorized payments to clients.
Advantage Financial Group and Private Advisor Group take advantage of a policy change to join the organization that represents independent broker-dealers.
One-time heir apparent to Mark Casady to lead asset manager Legal & General Investment Management America, an institutional money manager.
Derek Bruton didn't waste any time putting his imprint on Lucia Capital Group, striking a deal for the managed equity and fixed-income accounts of West Coast Asset Management, a registered investment advisory firm with $170 million in assets.
The president-elect barely mentioned the retirement crisis during his campaign, but will wield enormous power over many related issues once in office.
Plaintiffs claim Xerox took kickbacks from Financial Engines for including the managed-account provider on its record-keeping platform, breaching its fiduciary duty.
Many brokers and other financial firms have already changed compensation and other policies to align with the regulation. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The DOL rule, from all angles.</a>)</i></b>
