Adviser allegedly hid the true amount of fees he was charging them, leading the couple to pay $1.2 million more than they thought they were being charged.
They combine the benefits of active management with liquidity, transparency and cost efficiency.
Judge dismisses lawsuit, citing lack of specific details to support allegations.
The landmark ruling in Tibble v. Edison offers lessons and insights into the duties of 401(k) plan fiduciaries. Read on to find out more
Firms pledge more charitable support as assets increase in their ETFs.
New report says staff errors resulted in lower payments to widows and widowers.
Survey of state securities regulators says most cases are undetected until too late.
Meanwhile, few brokerages and their trade associations, which blasted the DOL's fiduciary rule in comment letters, are responding to the CFP Board's proposal.
Andrew Hill in Alpharetta, Ga., affiliates with HighTower.
Fixed income and emerging markets are areas where active funds make sense, some experts say.
GOBankingRates report measures how long a million dollars would last for retirees, state by state.
The worst outcome would be if the regulation is gutted after the review.
Nuances of the 10-years-of-marriage rule and protections from vengeful spouses.
The more comprehensive the view of client finances, the more prudent the advice.
Five tips on how to successfully deliver content and promote your business.
After a decade of activity around the lawsuit, including a hearing before the U.S. Supreme Court, judge rules a prudent fiduciary would have invested in institutional shares.
Bank of America insider provided tips on major M&A transactions
A central argument against the DOL fiduciary rule is that investors with smaller accounts will be abandoned. But many advisers stand ready to serve them.
What if a human adviser dispensed portfolio recommendations based solely on the answers to 10 or 12 written questions?
