Having people in place who can handle the extra administrative workload should be a priority.
The industry's proverbial war will be won by advisers who understand the power of technology.
Advisory firms should not rely solely on national averages, but consult with local colleagues to gauge competitive rates.
Profound misrepresentation is just one of the many ways the financial services field misleads customers with language.
The regulator must find a way to increase the productivity of its examiners
The self-regulatory organization is continuing its recent push to hold broker-dealers accountable for the suitability of product sales.
Finra ordered a dozen firms to pay restitution and fines totaling $6.7 million for failing to give clients discounts for large purchases of unit investment trusts.
Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit
For those looking for more than just account-level “multiple choice” investing, there's no substitute for an adviser.
The two bills would require Congress to approve the rule. Fight on a best-interests standard is now split straight down party lines.
Retail robos have a lot to offer investors, but are they really as good as they seem?
Think small data, mobile strategies, more virtual advisers and yes, robos.
A common mistake is painting yourself as the hero instead of your clients.
African-Americans are more bullish on the stock market than they have ever been, but still feeling sting from the U.S. real estate crash.
Though fines dropped last year, experts think the regulator's revised sanctions guidelines will mean an upward trend in penalties as well.
Advisers can help elderly clients avoid being a target, securities regulator says.
<i>Breakfast with Benjamin</i> These days, running for president means talking tough about Wall Street reform.
David Edwards of Heron Financial Group says advisers shouldn't be afraid to experiment on the web.
As trends are pushing firms to become more tech savvy, an opportunity emerges to stand out from the crowd by embracing the old.
