TD Ameritrade Cuts Trade Commissions to $6.95 in Latest Price War Salvo
One day after Fidelity cuts were matched by Schwab, TD trimmed online equity, ETF and options trading costs.
Most Middle-Income Boomers Feel Unprepared for Retirement: Survey
Just 31% of middle-income boomers feel prepared for retirement now compared to 41% before the financial crisis, according to a Bankers Life survey.
How Young Financial Advisors Can Invest in Themselves
One of the most overlooked parts of advancing one's career is self-investment.
What Do You Do When the FBI Is at Your Door?
It is not uncommon for an advisor to be contacted by criminal authorities regarding accounts they manage.
Advisor M&A Growth Is ‘Subplot of a Bigger Story,’ Says Schwab’s Beatty
Record number of 2016 transactions reflects growth of RIA industry and confluence of buyers’ and sellers’ shared search for "durable" businesses.
Triad Adds OSJ With 11 Reps, $5B in Assets: Recruiting Roundup
Meanwhile, Cambridge promotes executive; Echelon Partners taps ex-LPL M&A specialist, others for new roles.
SEC Issues No-Action Letter on Advisors’ ‘Imputed Custody’
Letter is a “significant development that should bring much-needed clarity” to advisors, said IAA’s Grossman.
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016
"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
How RIAs Can Promote Their Fiduciary Standard
Whether the DOL fiduciary rule gets repealed or not, clients will have questions. Here's how to get ahead of those questions.
Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio Products
In other product news, Tortoise, IndexIQ and First Trust launch new ETFs.