Great news for RIA's The fiduciary rule is on its way in 2016
— Tunc Tanin (@TuncTanin) December 16, 2015
Happy holidays to investors - no rider on the spending bill to delay the DOL's efforts to protect the public with a fiduciary duty rule.
— Marnie C. Lambert (@MarnieLambert) December 16, 2015
Industry professionals will need to act in their clients best interests. This change is long overdue.
https://t.co/nA0THmapd4
— Terrance Power (@ThePlatinum401k) December 16, 2015
The next step for advisers, if this rule is to pass, is to educate their clients on the fiduciary standard, some advisers said.
"There needs to be an educational effort so the participant feels confident," Mr. Webb said. "Without communication, as we have seen with fee disclosures, all it will create is more confusion."
The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.