If leaving becomes more and more challenging for advisers, their firms may keep cutting compensation to boost returns to shareholders.
Market Synergy Group argued the regulation treated the annuity products arbitrarily and violated rulemaking procedures.
The combined office, led by Merit Financial, will have 60 advisers concentrating on the retirement plan market and high-net-worth clients.
The controversial Ami Forte was hired by Pinnacle Investments to develop its operations in Florida.
Care in exiting now required as wirehouses crack down on departing brokers.
OregonSaves has more than 19,000 people participating, while eight other states have passed measures setting up state-sponsored retirement plans.
The former brokers bribed a pension fund manager to get trades that netted them millions in commissions.
Plan sponsors are deciding that a per-head fee is fairer than revenue-sharing practices in which fees are based on assets
Telephone, in-person wait times soar as the demand for retirement benefits rises.
Taxpayers can either accelerate or defer deductible expenses so that more of them happen in one tax year
Even the best clients can make irrational decisions that could derail an investment portfolio that took years to build. Learn strategies to help.
Title reform is on every power player's lips these days, but would such a change conflict with the Labor Department's regulation that is already partially enacted?
What many thought could be a silver bullet against piles of fiduciary regulation now seems just as controversial.
Analysts say the insurer is the only one to guarantee its cap rates during the contract surrender period, a boon for investors but potentially opening it up to more risk.
Both trends reflect the firm's shift away from recruiting in favor of increasing the compensation of existing brokers.
Business owners are only eligible for a pass-through deduction if their income is below a certain threshold. However, there are ways to qualify by reducing their taxable income
Father-and-son Spiegelman Wealth Management is based in Lafayette, Calif.
Massachusetts securities regulator cites DOL fiduciary rule when discussing probe that will focus on investors moved into higher-fee accounts, 401(k) rollovers.
In a four-year-period, Mark Kaplan executed 3,500 trades that resulted in $723,000 in losses
The bank's board is looking into inappropriate 401(k) rollovers, one of the problems the DOL rule aims to prevent
