Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the advisor must consider the “cost” of the recommended investments.
Wells Fargo Must Rehire Fake-Accounts Whistleblower, Pay $577K
Department of Labor made the decision Friday, when private info on 50,000 clients and advisors was released.
ACLI Backs Wagner’s DOL Fiduciary Rule Replacement
Mark Halloran says the proposal would require agents to meet a '34 Act standard.
Rep. Wagner Drafts Bill to Kill DOL Fiduciary Rule
Rep. Ann Wagner’s bill seeks to replace the rule with a best interest standard on BDs’ investment recommendations.
What's Next for the DOL Fiduciary Rule?
A Morningstar regulatory specialist says changes to enforcement and even a delay in the full rollout date are possible.
100% Advisory Payouts & 7 Other ‘Heresies’
Advisors take note: Many sacred cow profit centers being disrupted by broker-dealers promoting “loss leaders” to prospects.
How DOL Is Changing Sign-On Bonuses and Other Indie BD Procedures
A profitability shell game is going on, as profit centers such as ticket charge markups are sacrificed while advisory administration fees increase.
Crunch Time Part II: CFP Board’s ‘D-Day’
If the CFP Board doesn’t get planners on the right side of the fiduciary issue right quick, it risks marginalizing the entire profession.
Echelon Rolls Out RIA Valuation Business
As the DOL fiduciary rule begins, more firms will be making adjustments to products, which is likely to affect their valuations, according to Dan Seivert.
Edward Jones May Reverse Stance on Mutual Funds in Commission Accounts
The firm, like Merrill Lynch, is considering "options" for its investor clients as the DOL rule's future remains in doubt.