'Some may call high-impact cases regulation by enforcement,' SEC Chair Gary Gensler said. 'I call it enforcing the laws and the regulations that are on the books.'
The process of moving TD RIAs onto Schwab's platform was 'imperfect,' says CEO Walt Bettinger.
The Marlton, New Jersey-based pair operate Schwartz Financial Services and oversee $175 million in assets.
Total annuity sales increased 21% to $270.6 billion through the first nine months of 2023, Limra reports.
Firms that use a third party that actively allocates investments to the point of market timing can see tremendous attrition when their returns are negative and not aligned with the market.
Clients must be reminded to focus on what’s important — staying the course for the long haul, avoiding emotional decisions and maintaining long-term plans through portfolio rebalancing.
People who work with an advisor have significantly higher levels of confidence across a range of areas, and those areas extend beyond the financial realm.
'Why would any business owner maintain a retirement plan if the federal government is going to take over all the costs and responsibility of providing retirement benefits?' says the CEO of a trade group representing plan sponsors.
Dan Glaser, the chairman of the company's board, has been appointed interim CEO, effective immediately.
Thomas Kopelman believes in the power of social media to allow advisors to connect with clients genuinely seeking financial guidance.
Insiders say Goldman’s new strategy is less a retreat from the RIA marketplace than a realignment.
Recent claims of pay discrimination, retaliation and sexual harassment have served as a painful reminder that progress for women in the financial advice industry is not a straight line.
BlackRock is the only company offering target-date ETFs to investors outside of 401(k)s — but there is a question about whether there is much of a market for that.
Buyers of RIAs face plenty of legacy questions, the veteran executive says.
Two advisors join the firm's employee advisor channel.
New tool aims to speed up processes for high-net-worth clients.
Most people realize they can't retire when they'd like to, and working longer is now a reality.
'[Thomas] Brenner used the funds for his benefit, including to make large race car-related purchases, and to pay back tax debts,' according to the U.S. Attorney's Office for the Northern District of Ohio.
There's often a tax element in retirement planning that can be tricky for advisors, sending them for input from a CPA.
If only they would get professional advice, things could be so much more positive.
