DOL Rule Casualty: Commonwealth Drops Commission Retirement Products
Indie BD says the decision was “challenging,” though it makes less than 10% of revenue from commissions on these accounts.
Top Portfolio Products: AssetMark, Fi360’s New Tools to Help Advisors With DOL Rule
In addition, Vestmark unveils a new robo platform and Envestnet to integrate with MoneyGuidePro.
TD Ameritrade, TD Bank Said Near $4B Scottrade Deal
Deal would combine two of the largest online brokerages; Scottrade now works with about 1,000 RIAs.
Growing an Advisory Business in a Rapidly Changing Industry
Back in 2014, the independent advisory industry was having a tough time.
Why a Fiduciary Duty Matters
Does a fiduciary duty really make a difference in the quality of the advice that retail investors get?
Mea Culpa, Mea Maxima Culpa
Over the years I’ve had many conversations with advisors and the executives of the firms that partner with advisors.
From Small to Medium: How to Manage Growth Fears
Looking back, we see independent firms' entrepreneurial mindset emerging in the 1980s, when the industry developed two variations on existing business models.
Advisor Top-of-Mind Index: Volatility, Election, Fed
Advisors in Eaton Vance survey said "protecting wealth from market volatility" remains their top concern.
SEC Enforcement: Advisor Charged With Failing to Disclose Conflict of Interest
VCAM’s founder will be barred from the securities industry for two years. Also, Bank Leumi is charged with conducting cross-border business in the U.S.
FINRA Blasted for Not Fixing ‘Broken’ BrokerCheck
PIABA, a group of lawyers who represents investors, says that FINRA wasted money on TV advertising pushing its “flawed” system.