3 Reasons DOL Fiduciary Rule Will Stay Intact: ERISA Attorney Wagner
Marcia Wagner says the administration’s focus on the fiduciary rule shows how “important the private pension system is to our safety net of this country.”
Merrill Lynch Nabs Longtime Morgan Stanley Exec Carl Swanson
Swanson switches wirehouses to lead platform experience at Merrill after more than 24 years with Morgan Stanley Smith Barney.
Blackstone Booming Ahead in Nontraded REIT Business
Working with the wirehouses, rather than exiting the market like W. P. Carey, is Blackstone's approach.
CFP Board Seeks to Impose 'Strengthened' Fiduciary Standard on All Advice
Proposal out for a 60-day comment period; Kitces wonders if board is prepared to enforce and discipline those not in compliance.
Advisors’ Use of Digital Technology Needs Overhaul: Global Wealth Report
Digital initiatives have largely centered on providing customers with basic portfolio functionalities, but more is needed.
Trump Said Likely to Name Hester Peirce as SEC Commissioner
Peirce, a former SEC counsel and Senate aide, is the Trump administration’s likely choice to fill the open Republican seat at the SEC.
Packers’ Aaron Rodgers on Leadership, Post-NFL Career: Pershing Insite
BNY Pershing’s INSITE 17 featured an entertaining and insightful conversation with the Packers quarterback, led by Mark Tibergien.
Senate Finance’s Hatch Seeks Public Input on Tax Reform
Senate Finance Committee Chair Orrin Hatch is seeking public input on how Congress should improve the tax code.
Sen. Warren Asks Fed to Oust Wells Fargo Board Members
Senator says board ‘did nothing to stop rampant misconduct;’ Fed says it received Warren’s letter and will respond.
W. P. Carey to Exit Nontraded REIT Business
Trends suggest that regulatory issues (like DOL) played a part, along with some fallout from the RCAP-Schorsch debacle.