Kevin Knull’s 6 Parts of a DOL-Friendly Financial Plan
Kevin Knull, president of PIEtech, creators of MoneyGuidePro, tells ThinkAdvisor what advisors must know about their clients in order to work in their best interest.
How Wealthy Americans Spend Their Money in These 14 Categories
A Spectrem study finds some spend more than $100,000 on everyday and luxury items.
LPL Nabs $4B Group With 135 Reps From Lincoln
Integrated Financial Partners of Waltham, Massachusetts, is joining its IBD and hybrid RIA platforms.
FINRA Fines VALIC $1.75M Over Comp Policies, VA Sales
For three years, reps had incentives to move assets into proprietary products and were not adequately supervised, the regulator says.
The Blue State Plan to Fix Retirement
California, Oregon, Illinois, Maryland and Connecticut want more workers to have the chance to save for retirement at work.
CFPB Warns Financial Firms About Incentive Programs That Lead to Fraud
CFPB’s bulletin warns against the kind of incentive programs that led to the abuses at Wells Fargo.
Among Mutual Funds, It’s Still a Man’s World
Morningstar reports that the percentage of mutual funds managed by women has not changed since the financial crisis of 2008.
Morgan Stanley Shuns Aging U.S. Bull Market for Japan in 2017
Strategist upgrades Japan stocks and downgrades U.S. equities; one of the year’s worst performers becomes a favorite.
Meir Statman: What ‘Normal People’ Really Want From Advisors
Professor Statman talks about next-gen behavioral finance, how to manage clients’ well-being and why annuities can “emit the smell of death.”
1st Global to Keep Commissions in Retirement Accounts
Its roughly 1,000 affiliated reps, though, will have fewer available funds in the future.