Trump Says He May Pick Taylor and Powell for Fed Leadership Seats
‘They’re both very talented people,’ he tells Fox Business; it is unclear which candidate would be chairman and which would be vice chair.
2 Biggest Reasons Clients Trust Their Advisors
Vanguard assessed 32 skills, practices and behaviors for their effect on client trust. Interestingly, financial planning ability barely cracked the top 10.
FINRA Ready to Provide ‘Technical’ Aid on Fiduciary Rule, Legal Chief Says
FINRA has a "good working relationship" with Labor and SEC and is ready to help with coordinating a rule, Chief Legal Officer Robert Colby says.
Advisor Charged With Stealing $9M From Elderly Woman’s Foundation: Enforcement
Meanwhile, a Massachusetts advisor is accused of steering clients into funds in which he had an interest.
‘Fearless Girl’ Was Never a ‘Statement of Accomplishment’: State Street
Brie Williams of State Street, which commissioned the statue, discusses her firm's commitment to gender pay equity in the wake of a $5 million lawsuit.
Social Security Disability Appeals Piling Up Due to Lack of Funding: Senators
The SSDI hearing backlog has reached record high, with average wait time roughly 600 days, senators say.
Orion Advisor Services Launches Free Peer-to-Peer Model Marketplace
Orion partnered with Russell Investments, BlackRock and CLS Investments on its new "Orion Communities."
Thrivent, DOL Anti-Arb Fiduciary Tussle Continues
Labor argues that there's no need for relief from the anti-arbitration provision because the rule will likely be delayed anyway.
Get Clients to Break Their ‘Money Silence’ or Lose Them
Kathleen Burns Kingsbury tells ThinkAdvisor about how advisors can significantly boost clients' financial literacy — and stop the next generation from firing them.
Trump Signs Elder Fraud Bill Into Law
The new law cracks down on telemarketing and email fraud and boosts penalties for health care fraud.