Advisor News

Displaying 26799 results
Mixing fiduciary and nonfiduciary standards can be counterproductive
OPINION OCT 03, 2019
Mixing fiduciary and nonfiduciary standards can be counterproductive

Studies say Reg BI exacerbates the blurred lines between sales and professional advice.

By Blaine F. Aikin
We'll just keep the wolf; hold the sheep's clothing
OPINION OCT 03, 2019
We'll just keep the wolf; hold the sheep's clothing

The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions

By Brian Hamburger
Don't dismiss clients' woes just because they're rich
OPINION OCT 03, 2019
Don't dismiss clients' woes just because they're rich

Public hatred of the wealthy is one of the last bastions of acceptable prejudice

By Sarah Newcomb
Investigation into 403(b) costs, sales could be an A+ for teachers
OPINION OCT 03, 2019
Investigation into 403(b) costs, sales could be an A+ for teachers

The Wild, Wild West of retirement savings desperately needs reform.

By Greg Iacurci
REGULATION AND LEGISLATION OCT 03, 2019
Commonwealth Financial fires back at SEC charges of conflicts of interest

Firm says clients were not deceived by alleged conflicts over revenue-sharing

By Bruce Kelly
Finra approves plan for specialized arbitrators to decide broker expungements
REGULATION AND LEGISLATION OCT 03, 2019
Finra approves plan for specialized arbitrators to decide broker expungements

Board also votes for proposal about brokers acting as client beneficiaries.

By Mark Schoeff Jr.
OPINION OCT 03, 2019
We'll just keep the wolf; hold the sheep's clothing

The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions

By Brian Hamburger
OPINION OCT 03, 2019
Enhanced Performance Metrics for RIAs: A Comprehensive Guide

Hindsight is 20/20, but it doesn't tell you much about the future

By Anand Sekhar
RETIREMENT PLANNING OCT 03, 2019
Investigation into 403(b) costs, sales could be an A+ for teachers

Wild, Wild West of retirement savings desperately needs a reform.

By Greg Iacurci
401(k) lawsuits get more complex
RETIREMENT PLANNING OCT 02, 2019
401(k) lawsuits get more complex

One recent case alleges an employer didn't appropriately take into account index-fund tracking error.

By Greg Iacurci
SEC orders hybrid to return nearly $1.5 million over share-class violations
REGULATION AND LEGISLATION OCT 02, 2019
SEC orders hybrid to return nearly $1.5 million over share-class violations

Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares

By InvestmentNews
REGULATION AND LEGISLATION OCT 02, 2019
SEC orders hybrid to return nearly $1.5 million over share-class violations

Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares

By InvestmentNews
REGULATION AND LEGISLATION OCT 02, 2019
Number of brokerages, reps registered with Finra falls again

Despite the declining number of participants, industry revenue and profit increase

By Mark Schoeff Jr.
Brokerages won't know bite of Reg BI until enforcement begins
REGULATION AND LEGISLATION OCT 01, 2019
Brokerages won't know bite of Reg BI until enforcement begins

Principles-based rule provides little detail on how to comply.

By Mark Schoeff Jr.
HSA fees drop, investment design shows improvement
RETIREMENT PLANNING OCT 01, 2019
HSA fees drop, investment design shows improvement

Fund menus are important as financial advisers recommend clients invest HSA assets for the long term

By Greg Iacurci
Passive investing hasn't taken over the world
OPINION OCT 01, 2019
Passive investing hasn't taken over the world

Mutual funds and ETFs have a high public profile, but they are only a small part of the investing universe.

By Barry Ritholtz
REGULATION AND LEGISLATION SEP 30, 2019
Bank of Montreal advisory units pay $38 million for overcharging clients

SEC says BMO failed to disclose conflicts of interest when it put customers into proprietary funds.

By Jeff Benjamin
REGULATION AND LEGISLATION SEP 30, 2019
SEC reaches nearly $10 million settlement with 17 additional firms in share-class crackdown

Of the firms involved, 16 self-reported and avoided civil penalties; another must pay a $300,000 fine.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION SEP 30, 2019
Crypto ETF advocates face SEC resistance despite strategic shift

The asset managers still seeking SEC approval have tried to differentiate their funds from those that ended up on the scrap heap.

By Bloomberg
A new twist on Medicare open enrollment
RETIREMENT PLANNING SEP 30, 2019
A new twist on Medicare open enrollment

The government projects a decline in premiums next year for Medicare Advantage and drug plans.

By Mary Beth Franklin