If You’re an Asset Manager Embracing Change, the Future Is Bright: Cerulli
The traditional distribution model is changing and managers must find ways to stay relevant, according to Cerulli.
Advisors, Plan Sponsors Out of Sync in DC Plan Space
Wells Fargo Asset Management compared its survey advisors to a previous one of plan sponsors to discover the gaps.
Bill Gross: Bloated Central Banks’ ‘Curveball’ Threatens Global Economy
The more levered an economy is, the more sensitive it is to shifts in short-term interest rates and a flat yield curve, he argues.
Bill to Repeal DOL Fiduciary Rule Passes House Panel
Also, Trump’s DOL releases spring reg agenda as industry prods Labor to extend Jan. 1 compliance date, RFI comment period.
ACLI, IRI Back Roe-Roskam Fiduciary Rule Alternative Bill
H.R. 2823 would repeal the DOL standard and replace it with a statutory best interest standard.
CFP Board Unveils Exam Prep Toolkit
“This toolkit demystifies the exam and helps candidates start their journey on the right foot,” says CFP Board’s Loper.
GOP Health Bill's $13,000 Deductibles Would Be Illegal, CBO Says
The bill could increase the number of uninsured people by 22 million, analysts estimate.
McCain Diagnosed With Brain Cancer After Procedure for Clot
McConnell needs every vote next week for efforts to change the Affordable Care Act.
Senate to Vote on Health Insurance Bill Debate Next Week
CBO analysts say a streamlined Affordable Care Act change bill could double individual health costs by 2026.
Raymond James, RBC Add Advisors, Exec From Wells Fargo: Recruiting Roundup
Wells Fargo Advisors says it lost over 3% of its FAs over the past 12 months and 1% in the last quarter.