Providers such as MassMutual and Mercer have recently unveiled new services, part of a trend seeking to capitalize on disruption caused by the DOL fiduciary rule.
No more commissions for 18 BlackRock ETFs.
Plus: Warren Buffett thumps Donald Trump on taxes, Russia drives energy ETF rally, and Ken Bone and his famous red sweater
Unpaid awards is an issue that has been smoldering since at least 2000.
The industry may have held on to many distorted fee structures that might have been better suited for the 1980s.
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
Join the conversation with IN's senior Washington reporter, Mark Schoeff Jr., and your adviser peers on Twitter during the presidential debate at 9 p.m. ET Sunday using <b>#INDebate16</b>. <b><i>(More: <a href="http://www.investmentnews.com/article/20160925/FREE/160929970/hillary-clinton-vs-donald-trump-who-are-you-voting-against" target="_blank">Advisers sound off about who, Hillary Clinton or Donald Trump, they are voting </i>against<i></a>)</b></i>
Focus on the costs inside the life insurance policies of clients and prospects, where they need management and advisory services arguably even more so than in their investment portfolios.
Help clients understand that a difference does exist and respecting that difference matters if they want to reach their goals.
Move could pressure other wirehouses to follow suit and lead to adviser attrition. <b>Plus, <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Find answers to all of the most frequently asked questions on DOL fiduciary rule</a>.</b>
The bottom line is that every email should be viewed with suspicion.
The biggest threat to the financial advisory industry might be underestimating the risks posed by a hacker or computer virus, technology security experts say.
Some financial advisers question the idea of having a bond-free portfolio
Encryption is one of the best bets for securing clients' sensitive information
Current CEO John Thiel (right) will step down on Jan. 1. <b><i>(Related read: <a href="http://www.investmentnews.com/article/20150408/FREE/150409924/merrill-lynchs-john-thiel-urges-colleagues-to-work-with-dol-on" target="_blank">Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule</a>)</b></i>
Reduced lifetime income will force many to spend bulk of benefits on health care.
IMS Securities, a shop with around 110 brokers, didn't have adequate supervisory procedures in place to ensure brokers weren't abusing annuity exchanges.
The wirehouse is the first major firm to announce concrete plans for compliance with the Labor Department regulation.
Southeastern firms likely will get to test those enhanced continuity plans the SEC is pushing.
