From regulation to tax and entitlement reform, these are the central decisions that will affect financial planners and clients in the years to come.
Clients may choose fee-based or self-directed retirement accounts.
Telling advisers to never assume enough is enough when it comes to research.
The new president cannot simply rip up the regulation, which became effective in June. <b><i>(More: <a href="//www.investmentnews.com/article/20161110/BLOG12/161119996/leveraging-portfolios-to-take-advantage-of-donald-trumps-policies" target=""_blank"" rel="noopener noreferrer">Biotech, healthcare, banks and energy may benefit from Trump's policies</a>)</i></b>
Firms' compliance manuals and contracts will be scrutinized to ensure employee protection.
Plus: Five ETFs to help you prosper under the Trump administration, Dawn Bennett lands in more hot water, sending the media back to journalism school, and Happy Veterans Day
Regulation to raise investment advice standards for retirement accounts could be targeted by the new administration and the Republican-controlled Congress. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
If Republicans were to win a repeal of the so-called death tax, contentious Treasury regulations on business valuation discounts would also disappear.
Move to fee-based IRAs gave consideration to SEC's view of other brokerage accounts at firm.
In the new administration, the regulatory agenda could be largely shaped by the officials she puts in charge of the agencies.
It shows Finra is carrying out its responsibility of regulating the industry and serving as the watchdog protecting the public.
Plus: A big warning from Pioneer Investments, ETF company revenues, and another bleak earnings season ahead
The Labor Department is coming off a big win, but will the judgment have legs in this appeal and the five other suits still pending against the regulation? <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The most up-to-date information on the DOL rule</a>)</i></b>
Two industry leaders &mdash; Pershing Advisor Solutions CEO Mark Tibergien and Echelon Partners CEO Dan Seivert &mdash; disagree on what impact the regulation will have on the financial advice market.
When the United Kingdom implemented similar legislation a few years ago, about 40% of advisers simply left the business.
The agency said that for the first time it used a coding technique against a broker-dealer to identify potential unsuitable transactions.
The advice industry is still largely speculating about what lies ahead.
In the first legal challenge to be decided, judge upholds Department of Labor regulation. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The DOL rule, from all angles.</a>)</i></b>
Summit Advisor Services, a turnkey asset management program, was partially owned by an Aequitas venture. That company had been charged by the SEC with running a Ponzi scheme.
The Department of Labor's 24-page document on frequently asked questions on the fiduciary rule inspires even more questions from the advisory industry than it answers.
