Full Disclosure: Dalbar’s Plan to Separate Sales from Advice
Led by Lou Harvey, the firm proposes some surprising and significant industry reforms that are worth considering.
Annuity Rules Should Apply to Investment-Type Life Products: Consumer Reps
Insurers are asking insurance regulators to adopt a Uniform Standard of Care proposal.
A Look Inside LPL’s DOL Fiduciary Strategy
Whether the rule is enforced Jan. 1 or not, the IBD will go forward with its new compliance tools, LPL's Bill Morrissey told ThinkAdvisor.
LPL Shares Q2 Recruiting Update, Sees Less DOL-Related Uncertainty
CEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
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.