If the firm's executives expected trainees to work long hours without being compensated for their overtime, then they deserved to lose the lawsuit.
Fee transparency can help boost retention and open pathways to increased referrals.
The rule is described as 'workable' and a political success, though implementation remains the biggest challenge ahead.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check
Their offices are abuzz on Saturdays, and regular planning meetings with clients and prospects are put off until after the April 18 filing deadline.
Scan of recent orders and reports from SEC, Finra shows the advice industry is already feeling the effects of fiduciary.
It's much easier to put clients first and keep them there than to find a new tool or product to sell.
Group's recommendations include showing fees in dollar amounts on customer account statements.
They joined the firm in three separate moves from UBS Group AG and Morgan Stanley
The presidential candidates might be polar opposites when it comes to their ideologies, but they share a common understanding on how to win votes and use the power of influence.
Insurance-owned firms and small broker-dealers most likely to throw in the towel.
Wiser Financial Group joins broker-dealer formerly known as NFP Advisor Services.
Take time to get to know potential clients, so you can show them specifically how you can help them and learn whether they will be someone you want to work with.
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.
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
Many advisers and the firms they work for are still woefully unprepared for what lies ahead.
Those who are 70 ½ and still on the job may be able to delay distributions from company plans.
Wirehouse recently claimed it typically retains 40%-50% of client assets after an adviser leaves.
If you enjoy the convenience of an iPad, this pair of apps can help save countless hours.
The president's goal is over a five-year period, with an increase of 11% for fiscal 2017. Taxes, including for capital gains, also would increase under the new budget proposal.
