It's one in a growing list of instances where plan advisers are being named co-defendants alongside their clients.
Mercer acquired Tokyo-based hedge fund multimanager BFC Asset Management Co. in a move its global wealth management chief predicts will accelerate the nascent growth of Mercer's delegated investments business in Japan.
An article from the Wall Street Journal reveals that B-D reps are incentivized to recommend costlier investments to clients over cheaper ones.
Will clients become more interested in paying commissions? Will the new tax law steer more financial advisers toward independent channels? It could.
Valuations of RIAs will continue to entail more art than science.
While advisers face the difficult task of analyzing the law's impact, they will also have a significant opportunity to prove their value by implementing money-saving strategies for clients as well as their own businesses.
Berkshire Hathaway CEO says stocks don't look overvalued compared to interest rates, and predicts a 'bad ending' for cryptocurrencies.
10-year Treasury rate's move above 2.5% confirms outlook for fixed income, legendary bond manager says.
GOP promises workers will see increases in their paychecks starting in February.
Just as there is reversion to the mean in stock returns, there is reversion to the mean for stock volatility.
Comment letters from the Committee for the Fiduciary Standard and the CFA Institute suggest the clarification is needed to differentiate brokers from investment advisers.
The deal brings together two fund families and financial advisory businesses.
The partnership is designed to make it faster for RIAs, broker-dealers and other enterprise firms to bring a customized robo-advice solution to market.
Claims that the regulation will harm the 'average Joe' investor by increasing costs, reducing access to advice and derailing retirement plans are bogus.
Firm aims to expand wealth management presence with acquisition.
Measures would obligate financial advisers to tell clients they do not have to act in their best interests.
GOP promises workers will see increases in their paychecks starting in February.
Wirehouses' withdrawal from the broker protocol will only boost advisers' interest in the independent space
Famed DoubleLine bond manager says commodities may be one of the best investments this year.
