Developments in the excessive-fee lawsuit highlight the duty to monitor investments and the duty of a prudent trustee to be cost-conscious.
A state-level mandatory retirement plan will not solve the problem of Americans not saving.
Certain provisions of the rule will kick in putting those affected advisers more squarely in the line of fire of the litigation enforcement mechanism of ERISA.
Expect rapid product innovation and growing demand in this area, along with considerable business opportunity
Advisers have to make accommodations, but some believe the changes are worth it to forge deep and long-term relationships with young clients.
The plaintiff takes issue with a so-called "layering scheme" in BlackRock's fund structure, whereby a fund's underlying proprietary investments charge additional fees that "cannibalize" returns for employees.
Firm says it will look for talent among teachers, entrepreneurs and former athletes.
Claiming rules have evolved since 2015 Supreme Court decision.
This demographic cohort seeks ever-increasing levels of responsibility and changing experiences.
Sure, the delay of the DOL fiduciary rule is big news. But there are other important matters going on in Washington.
Credit Karma tries to break into the business with a $0 product.
Millennials are less likely to be married, living with children or own a home than their parents were at their age.
Distinguishing yourself from life insurance sales people leads to better working relationships and ensures your clients' best interests are served.
Consolidator could add $6.4 billion in assets at a cost of about $70 million.
Popular radio show host changed his referral program due to 'perceived' regulatory risk among advisers.
The lawsuit is the first among similar cases to proceed to hearings on summary judgment, and may be telling as to how future judges rule.
Lawson Financial settles with SEC over due diligence in nursing home financings.
A fraud investigator shares tales from the dark side of human nature.
