CEO says the commission model, which will require more compliance work on the company's part, serves both clients and advisers well. <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>
Company has spent nearly $19 million this year preparing for the regulation.
'The great challenge ... is that ability to re-differentiate ourselves from those who are following your success and wanting to look and act and to appear to clients just as you do.'
The Democratic presidential nominee is proposing higher taxes on Americans who make more than $250,000, including a 4% “fair share surcharge” on incomes over $5 million a year.
Miniscule benefit hike won't protect seniors' buying power.
Firms shouldn't wait for an inspection notice from the SEC to begin fortifying their online systems.
According to a study by Unigestion, investors worried about the outcome on Nov. 8 should forget gold and Treasuries.
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
Following on a rule issued over the summer concerning state plans, the DOL is forging ahead with one governing city-based programs.
Forty industry leaders offer insights in crowd-sourced guide.
Listening with empathy and reminding people of their goals almost always stops them from jumping off the proverbial cliff.
David Hobson exploited inside information provided by his friend, who worked at a pharmaceutical company.
Plus: The wealthy prepare for Clinton's tax hikes, bullish on financial and health-care stocks, and those expensive World Series tickets.
Commonwealth Financial Network late Monday said it would stop offering commission-based products in IRAs and qualified retirement plans, making it the latest BD to move more decidedly toward to an advisory platform to avoid what some see as the more onerous provisions of the Labor Department's fiduciary rule.
While financial institutions are able to sell deferred-income and immediate annuities under a less onerous exemption, some are opting to sell under BICE to keep certain compensation arrangements intact.
Nearly a third now say the rule can help expand their business, up from 17% in January. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-faq"" target=""_blank"" rel="noopener noreferrer">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b>
Profitability is up 27% since 2011 as firms become more efficient through technology
Custodian's print and digital campaign will highlight RIAs' strengths and why investors should hire them.
Now that all retirement advice must be in a client's best interest, prospects are going to hear from every type of adviser that they act as fiduciaries.
