Daley to Head Strategic Growth at Raymond James Advisor Division
Daley joins Raymond James’ Investment Advisors Division from Fidelity; Hedtke succeeds Carsten Quitter, who will join Allianz in Italy as chief investment officer.
Cash Balance Plans, QLACs Gaining Thanks to New Treasury and IRS Regs
New rules are helping cash balance plans and QLACs become attractive retirement planning options.
DOL Set to Issue Final Fiduciary Rule
Even before the mid-August hearings at DOL headquarters, Labor Secretary Tom Perez confirmed: A final rule will be issued once the comment period expires.
CFA's Roper Gives It to the Brokerage Industry
While the DOL has received a “few valuable nuggets” regarding its proposed fiduciary rule, there are other suggestions itcan “safely ignore,” said Barbara Roper.
Climate Change: What It Means for Advisors
Economists, current (and former) policymakers and advisors are assessing the ways climate change is impacting the economy.
For Once, Two Certainties in D.C.: New SEC Commissioners, DOL Fiduciary Rule
The New Year — yes, I’m talking about 2016 already — will bring with it two certainties: A final fiduciary rule will be unveiled and new commissioners will arrive at the SEC.
Are Treasury’s AML Rules for Advisors a Waste of Time?
IAA is looking at FinCEN’s proposed anti-money laundering rules to assess whether the expected benefits justify the compliance costs.
Northern Trust Hires Ex-Mercer Exec, Behavioral Finance Expert
Northern Trust Asset Management has hired former Mercer and World Bank executives to help build out its retirement solutions business.
Government Shutdown Fight May Hinge on Planned Parenthood
Looming fiscal deadlines will spark “intense drama and brinkmanship,” says PIMCO's Cantrill.
SEC Finds Shady Practices in BDs' Structured Product Sales
Examiners found suitability violations including heavy sales to customers who were elderly, didn't speak English or had a conservative investment objective.