Some of the firms' clients weren't aware of costs paid beyond the wrap-fee programs
Ignoring proxy letters could lead to lost assets.
The case to raise interest rates is getting stronger as the U.S. economy approaches the central bank's goals, Federal Reserve Chair Yellen said.
The firm is most focused on RIAs that don't want to sell but will pay for its services.
While terms were not released, the price tag could be as much as $70 million, according to one industry executive.
Company founded by one-time real estate mogul Nicholas Schorsch announces $3 million settlement with Massachusetts Securities Division and said it will lay off nearly 150 employees.
But increase would be seven times higher if pegged to Consumer Price Index for the elderly.
Plus: Investors buckle in for a bumpy ride, the mystery of bond yields, and the upside of mid-day naps
The dollar also gained as traders digested mixed data in the world's largest economy amid bets interest rates will stay low.
Five candid reponses on how he will lead the firm, the virtues of robo-advice, and rooting for both the Cubs and White Sox.
<b>Breakfast with Benjamin</b> Why Fidelity sees a slow-growth, low-inflation regime as the most likely scenario for stocks.
As fiduciaries, advisers have twin duties of loyalty and care to their clients.
The usual volatility could be enhanced by the Fed, geopolitics and the presidential election.
Make sure your adviser is a fiduciary &mdash; legally required to put your interests first &mdash; and seek out advisers and planners who aren't just good at selling investments.
To move from DOL compliance to transformation, you will need to focus on several key issues to drive the speed and effectiveness of these changes within your business.
The real story of index funds begins far earlier than Vanguard's entry into the retail market in 1976.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Tempting yields might be just replacing one kind of risk with another.
