The Labor Department cleared the last step in the regulatory process before release of its final rule.
12b-1 fees and revenue sharing may need to be treated differently under the new fiduciary regulatory structure.
Five specific aspects of the DOL's new rule that could send assets flooding into ETFs.
Three robo-advisers are pulling in new information on all types of client accounts in the past month alone to improve service.
With $2.5M in production, Jeremy Newton and Stephen Lamb have joined an office in Houston.
Corporate execs and activist investors get the biggest bang from repurchase plans.
Investors claim brokers put too much of their nest eggs into oil and gas companies.
Three independent broker-dealers formerly operating under AIG's umbrella have been fined $7.5 million and ordered to pay restitution of $2 million to clients.
Insurance-owned firms and small broker-dealers most likely to throw in the towel.
Witnesses for and against the Labor Department's fiduciary proposal, including SIFMA's Ken Bentsen Jr., square off over the rule requiring brokers to act in clients' best interests.
Wiser Financial Group joins broker-dealer formerly known as NFP Advisor Services.
Firm responds in suit saying CEO and counsel warned co-founder
<i>InvestmentNews</i> survey finds all corners of the advice business are expecting to face challenges, but stark differences about the degree of pain are evident among the channels.
The Labor Department will unveil a final version of the so-called fiduciary rule next Wednesday, according to a published report.
All advisers, even those who only charge fees, will be held to the standard when making recommendations to retirement plans, individual participants and IRA holders. Here's how.
In his new role, Mr. Robbins will be working with his long-time financial adviser Ajay Gupta.
Firm said it moved quickly to retain brokers after acquisition was announced.
Edward Beyn profited by excessively trading accounts of customers who were over the age of 60, the regulator alleges.
Getting a foothold in the industry can be tough for young advisers, and that's why so many are dropping out of the industry early.
The broker-dealer first announced a robo initiative last summer, but has held off until now, as they've teamed with BlackRock's FutureAdvisor on a new adviser-facing robo.
