Resources Investment Advisors also has affiliate retirement-focused advisory firms with $6 billion in assets, but it's uncertain whether they will follow suit and depart LPL.
An order aimed at reducing regulation and controlling regulatory costs could sow confusion over issues such as executive compensation and the fate of planned rules affecting employer retirement plans.
Defined contribution plan participants who mix strategies “seem to be conducting reasonable investment practices,” according to new research from Vanguard.
Working longer and postponing benefits can increase future payments.
By asking these questions, investors can avoid financial advisers who don't put their interests first.
President Trump's decision to halt the DOL fiduciary rule drew mixed reactions from industry professionals.
Couples spend an average of $78,464 to get married in the most expensive wedding location — and the honeymoon isn't included.
Divorce distribution and management fees
Social Security simply doesn't provide enough income for people without defined benefit pensions and 401(k)s who can't afford to save, or to save more.
The record keeper joins three others — Fidelity, Voya and Xerox — in being sued over its relationship with the advice provider.
Adviser's approach can overcome client worries, such as that children won't have an incentive to work if they know how much they will inherit.
Advisers who don't assist with compliance are at risk of losing clients.
This strategy is not going away with the rule changes authorized by the Bipartisan Budget Act of 2015.
Advisers said the prospect of lower income tax rates poses an opportunity to recommend employers add a 401(k) Roth feature, and discuss the benefits of Roth deferrals and conversions with employees.
Caution to consumers: Free doesn't always mean free.
Plan participant claims use of expensive proprietary funds cost employees millions in retirement savings.
Government lawsuits accuse one of the nation's largest student loan servicers of taking shortcuts to minimize its costs.
Plaintiff argues company “imprudently and disloyally larded the plan with unnecessary, expensive and poorly performing investment products and services.”
Advisers need to make sure they understand where clients are coming from and how this decision will impact their retirement security.
