Board also votes for proposal about brokers acting as client beneficiaries.
The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
Hindsight is 20/20, but it doesn't tell you much about the future
Public hatred of the wealthy is one of the last bastions of acceptable prejudice
Wild, Wild West of retirement savings desperately needs a reform.
Firms can adjust the weight of the 17 asset classes available on the platform according to their own investment strategy and research.
The online brokerage's move to eliminate commissions is just the latest round in an intensifying, industry-wide war over fees.
Regulator says firm inaccuarately represented tax status of interest payments to clients.
Both firms use LPL Financial as their broker-dealer.
Brokerage responds to Twitter calls for fee cuts with promises of 'more details coming soon'
One recent case alleges an employer didn't appropriately take into account index-fund tracking error.
James T. Booth defrauded 40 clients of $5 million, Feds allege.
Despite the declining number of participants, industry revenue and profit increase.
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Its decision follows a day of hints on social media that such a move was imminent.
If they follow lead of Schwab and others, profits could get dinged, according to one analyst.
Three-adviser team at SecondHalf Coach is based in Latrobe, Pa.
When an adviser struggles to accept a compliment, it can be hurtful to the person who offered it.
The online brokerage's move to eliminate commissions is just the latest round in an intensifying, industry-wide war over fees.
Regulator says firm inaccuarately represented tax status of interest payments to clients.
