Recruiters say Merrill Lynch, like Morgan Stanley and UBS, has already moved away from the traditional recruiting model and is more apt to leave the protocol than Wells Fargo.
Lincoln Financial Network has moved all of its clearing business to Fidelity, and will partner with the firm on fintech developments.
Legislation would restore Obamacare cost-sharing subsidies, which Trump said last month he would cut off.
Some providers are paying incentive compensation to representatives to promote their managed accounts to participants.
The measure's fate was in doubt until two GOP holdouts, Bob Corker of Tennessee and Ron Johnson of Wisconsin, dropped their objections.
Chairman says it's important that the SEC be involved in coming up with a fiduciary standard that will make investors happy.
Wirehouses are making big bets they can turn "world class" advisers who leave into old laundry.
Smaller shops have benefited from the broker protocol at the expense of larger firms like UBS, experts say
Supporter of regulation calls the postponement 'an effective repeal of the rule.'
Thomas Butch is stepping down, and COO Shawn Mihal is filling the void.
Wirehouse is the second to dump the industry agreement that was created more than a decade ago to limit lawsuits against brokers when they leave firms.
Current rules require different standards based on whether advice is 'incidental' to a transaction.
Experts ponder what a Securities and Exchange Commission fiduciary rule will look like, and whether it will help unify requirements across agencies.
The hackers may have had access to the agency's Edgar filing system for months.
Use of collective investment trusts by defined contribution plans has been hovering around 20% for three years, but momentum is building.
The reasons for affiliating with a brokerage have changed as compensation has evolved.
Abiding a well-crafted IPS can help minimize legal trouble for plan fiduciaries.
Prosecutors claim Daniel Glick used some of the funds for personal and business expenses.
The laws underscore the need for advisers to have clients consider a long-term-care planning strategy
Finra was investigating whether Brian Royster borrowed from clients.
