Advisory firm hunts down a cloud-based system to make compliance more automated.
Many adviser marketing budgets also set to increase, with social media the focus.
If the president-elect rolls back the DOL fiduciary rule and spends trillions on infrastructure, old-style fund companies might make a comeback
Decision comes a little more than two weeks after a DC district judge also denied a preliminary injunction by an insurance group.
The wirehouse's public fanfare about ditching IRA commissions under new fiduciary regulation would be a large factor in deciding to stay the course.
One customer with stage 4 cancer allegedly had nearly all her assets placed in a variable annuity.
In addition, Voya Financial and four Cetera Group firms will pay customers $6.3 million in restitution.
Morgan Stanley clients may also choose individual retirement accounts that are fee-based.
Three amendments to the ABLE Act would allow individuals and families to put money away for qualified disability expenses on an after-tax basis.
Executive has been listening to advisers' worries for months, and finds serious confusion remains about responsibilities under the new regulation.
Under the regulation, any employee who makes less than $47,476 annually will earn overtime pay.
More than half of those surveyed plan to talk to their financial advisers about policy changes that will impact their investment portfolios and financial planning strategies.
Ms. Bennett is being investigated for a debt deal done while working at Western International Securities.
Adviser was facing IRS liens when he charged clients in their 90s for four years' worth of financial planning.
Stephen S. Eubanks used the money to fund his lifestyle and pay earlier investors, according to William Galvin, Secretary of the Commonwealth in Massachusetts.
Adviser said she was reduced to a "glorified secretary" and fired after reporting a superior for violating insider trading rules.
Can a retiree with a small practice join a firm without giving up her hourly clients?
The DOL version may be cumbersome, but there are enough examples of bad behavior in the business to justify tightening regulatory standards.
