CFA Institute Blasts Senate’s Move to Block Auto-Enrollment Retirement Plans
State plans being affected by the resolution stood to benefit some 63 million American workers who lack access to retirement plans, CFA Institute says.
DOL Delay Leads to Some Regrouping at BDs
Merrill Lynch recently told its Thundering Herd that it plans to explore “options” for at least some clients who might benefit from commissions in retirement accounts.
Advisors Giving Back: Why U.S. Trust Rep Cares About Education
U.S. Trust-Bank of America Private Wealth's Glen Macdonald has appreciated the value of learning for a long time.
Spring tends to bring predictable changes, like warmer temperatures and blossoming flowers. But this spring seems to entail its fair share of unpredictable events as well.
UBS Branch Manager: Role Is About 'Community Leadership'
Lane Strumlauf heads the West Division of UBS Wealth Management Americas, where he runs an 11-market, 68-office territory spread across 13 states. He oversees about 1,400 financial advisors with some $200 billion in client assets and also serves on WMA's Executive Committee.
Raymond James Is Ready to Robo
The firm, which works with over 7,000 advisors, plans to launch its own robo advisor later this year.
Senate Moves to Block Retirement Plans Run by States, Cities
The action follows resolutions passed in the House to roll back what GOP lawmakers say are "misguided" Obama-era rules.
FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
HighTower Adds LPL Group in St. Louis
Meanwhile, a UBS team forms an RIA in Louisville and signs on with Raymond James' Investment Advisors Division.
Back to Tax Basics: Review the Cost Basis
Advisors and investors should focus on this critical measure to help save money (and time) spent on taxes.