DOL Ready to Enforce Fiduciary Rule: Acosta
If firms are willfully violating the best-interest standard, which took effect June 9, Labor will use its enforcement authority, Acosta told lawmakers.
How to Help Clients Manage Their Most Precious Assets
They are collectibles, which about 25% of wealthy investors own, but many haven't had their collections appraised or insured.
SEC’s Top 3 Enforcement Priorities
Stephanie Avakian, co-director of enforcement, said the agency is trying to be “more strategic,” expanding the use of digital analytics in investigations.
17 Hottest States for Jobs as a Financial Advisor
According to the Bureau of Labor Statistics, these states show surging job growth for financial advisors through 2024.
Lessons for Advisors From a Bus Tour
The American Century/Investopedia tour, covering six cities in five states, found that advisors should focus more on financial planning than portfolio management to attract clients.
LPL Says Retention of NPH Reps at 70%
If it hits 72% of fees and commissions, the IBD will need to pay up to $123 million more for its acquisition.
Millennials Want Their Financial Advice Right Now, and It Better Look Pretty
At a conference, Ron Carson talked about losing a billion-dollar client's millennial heirs to an advisor more attuned to their needs.
How to Retain Your Clients, and Your Sanity, When Switching Firms
Follow these five steps to help smooth the transition for your clients and their assets.
For Clients Selling Their Businesses, M&A Can Get Messy
Determining the anticipated proceeds of the sale of a client's business is not always as simple as it seems.
SEC Shows Off Cybersecurity Muscle Following EDGAR Breach
Still, there are questions on how many cases will be brought by the new cyber unit.