Advisor Group Grabs Cetera’s Chief Legal Officer, Appoints New CFO
McKenna's general counsel and chief legal officer role is a new position designed to align risk and legal approach in the new fiduciary era.
Financial Choice Act to Be Reintroduced by End of April
The Dodd-Frank replacement bill still requires DOL to promulgate a fiduciary rule similar to one issued by the SEC.
Will Edward Jones’ New Ads Lure Experienced Advisors?
The firm wants to recruit more veteran advisors, but one recruiter says the idea that the print ad campaign will succeed is "laughable."
A Silver Lining of Compressed Fees: Alts Are Thriving
Alternative investments have long been off the table because of high fees. That time is coming to an end.
Why a Diluted Fiduciary Rule Is Bad for Advisors: Betterment, CFP Board
Betterment, CFP Board and Consumer Federation say that a watered-down rule could hurt not just investors but advisors, and they discuss what could happen next.
RIAs Now the Biggest Driver of ETF Asset Growth: Broadridge
A new report says fee-based RIAs have replaced institutional investors as the leading force behind the growing demand for ETFs.
What Clients Want, and What Advisors Think They Want
A new survey reveals several disconnects between the two.
FINRA’s 6 Steps to Recovery for Fraud Victims
The industry group outlines the details of what investors can do after being affected by financial crime.
America at a ‘Financial Flashpoint’: Northwestern Mutual
The financial state of America is a good news/bad news scenario, Northwestern Mutual reports.
SEC Bars Advisor, Fines Another for 12b-1 Infractions
A former Credit Suisse advisor must pay more than $2 million for recommending shares with a 12b-1 fee instead of lower-expense institutional shares.