Ex-Broker Must Pay $600K for ‘Siphoning Money’ From Older Couple: FINRA
Jerome Krause fraudulently borrowed money from his clients when he was working for First Heartland Capital, FINRA said.
Building Trust Key to Overcoming Client Roadblocks
Trust is still an issue in the financial services industry, Zahira Lehri of SunTrust said at the IRI Vision annual conference.
Nationwide Says DOL Rule Behind Jefferson National Deal
Nationwide said it struck a deal to buy the Louisville-based Jefferson National, a firm with about $4.7 billion in client assets.
Vanguard’s New Model for Retirement Spending in Low-Yield Market
Vanguard has developed a goals-based approach to retirement spending with a low-return environment in mind.
SEC Advancing Third-Party Exam, Fiduciary Rule Plans
SEC chief White said agency is looking at staff recommendations on a rule to require “independent compliance reviews.”
As U.S. Workers Struggle With Retirement Planning, Most Yearn for Advice: Transamerica
Baby boomers, Gen Xers and millennials face separate but significant challenges when it comes to saving for retirement.
Top Portfolio Products: First Trust, Amplify and Van Eck Introduce ETFs
New ETFs include sector and dividend-paying stock funds as well as municipal bond funds.
‘Hit Pause’ on DOL Fiduciary Rule, Insurer’s Lawyers Urge Federal Judge
Lawyers representing insurer Market Synergy told a Kansas judge that DOL failed to prove that state-based regulation of fixed-indexed annuities is broken.
4 SEC Exam Priorities Advisors Need to Know: Brian Hamburger
The MarketCounsel CEO highlights the exam priorities that the SEC “has shown by their actions, not by their words.”
DOL Fiduciary Rule’s Cost for 9 Investment Advice Players: From IBDs to RIAs
A.T. Kearney study sees big asset shifts across formats with IBDs getting walloped.