Can This Fee Structure Save Actively Managed Funds?
A new series of funds AllianceBernstein expects to launch this year charge full fees only if they outperform.
FINRA to Clamp Down on High-Risk Brokers With Tougher Rules
The group is looking to raise fees, consider more severe sanctions and further restrict firm and advisors with disciplinary issues.
Arkadios Capital Nabs $1.8B Triad RIA, LPL Grabs $420 Merrill Team
Meanwhile, Kovack Securities buys broker-dealer with $200 million and seven advisors.
Why RBC Wealth Is Saying ‘Hold the Robo’
The firm isn’t the only one to put a stop to its automated investing plans, says consultant Tim Welsh — remember LPL’s NestWise?
Financial Services Is Industry Most at Risk for a Mega-Cyberattack: AIG Survey
The survey of cybersecurity experts found that an attack on 5-10 companies simultaneously is highly likely this year, and much broader attacks are possible.
David Gergen Handicaps the Republican Agenda
The former presidential advisor says passage of a health care bill will clear the way for smaller than expected tax cuts and deregulation.
SEC, FINRA to Host BD Compliance Outreach Symposium
Topics range from cybersecurity to investing by seniors.
LPL Fined $1M Over Credit Union Rep Failures
Mystery shopper in Massachusetts finds info on bonuses and other compensation "inconsistent and misleading."
TD Bank Names New Sales Chief for Wealth Group
Jim Nesci joins the the firm from Provident Bank; he has more than 25 years in the industry.
Envestnet Announces Its First Essential Advisor Awards
The awards coincide with the launch of its Essential Advisor Certification program.