‘Messy’ Times Are Behind LPL, CEO Casady Says
"We have rounded a corner through our heavy investments," LPL CEO Mark Casady tells some 3,500 registered reps at the IBD's conference.
Focus Financial Files for ‘Confidential’ IPO: Report
An IPO by Focus “would provide retail investors with the best 'pure play' investment in the independent RIA space,” advisor consultant David DeVoe says.
FINRA Issues Q&A on Recruiting Practices
Q&A guidance covers such areas as the format of the educational communication, “individualized contact,” delivery requirements and who qualifies as a former customer.
Does Private Prison Decision Cut the Legs Out From Prison REITs?
The Bureau of Prisons will be scaling back its use of privately run prisons. What will that mean to companies that specialize in this service?
401(k) Lawsuit Accuses Morgan Stanley and Board of Self-Dealing
A former employee says Morgan Stanley knows exactly who should buy its worst performing funds: the bank’s own workers.
Beyond the Bottom Line: Impact Measurement Can Help Boost Business Value
Investor tracking of metrics like customer satisfaction and environmental impact can help a business function better, GIIN finds.
REITs Are Outperforming, but Some Sectors Are Stronger Than Others
Baby boomers and millennials, trendsetters in different ways, are both driving growth in key REIT sectors.
Fidelity Launches Global Real Estate Fund; iSectors Adds Growth ETF
The Fidelity real estate fund launch is timed to coincide with a change in the S&P 500 that makes real estate a stand-alone sector.
How Are Rollovers Treated Under the DOL Fiduciary Rule?
IRA rollover advice is often rendered in the context of cross-selling, and cross-selling practices by their nature create potential conflicts of interest.
Index Funds Outperforming, and Outlasting, Active Funds: Morningstar
Morningstar concludes that mutual fund and ETF fees are the "only reliable predictors" of fund investing success.