3 DOL Fiduciary Takeaways From Morgan Stanley’s Q1 Earnings
CFO Pruzan outlines the impact the new fiduciary rule is having on the firm's sales, recruiting, margins and costs.
HighTower to Buy $6.4B RIA Aggregator WealthTrust
The larger advisor rollup firm says it added a $75 million credit facility to fund its largest deal to date.
DOL issues temporary enforcement policy on fiduciary rule
Field Assistance Bulletin sets out policy if Labor fails to delay rule’s applicability date before April 10.
Merrill Reconsiders Commissions on Some Retirement Accounts
Wealth chief Andy Sieg, though, tells the Thundering Herd that restrictions “remain in place, including [those] on mutual funds.”
Annuities: Preparing clients to retire at (almost) any age
There is no 'one-size-fits-all' retirement plan; each individual client deserves a customized solution that addresses their unique situation.
Groups Appeal DOL Fiduciary Case in Texas
Five national co-plaintiffs and four groups in Lone Star State file to appeal Judge Lynn's decision to uphold the fiduciary rule.
What DOL Delay, Dodd-Frank Rollback Mean for Wall Street
Deregulation, combined with business growth and tax reform, could lead to larger profits, analysts say.
Morgan Stanley to Cut Fees, Keep Commissions Despite DOL Doubts
While speculation about the fiduciary rule abounds, the wirehouse insists it will decrease conflicts of interest and redundant offerings.
Merrill Kills Mutual Fund Sales in IRAs; DOL Rule Sparks Move
The wirehouse says it is making the move to get ahead of the April 2017 DOL fiduciary deadline.
Cambridge Says Its Advisors Will Keep Commission-Based Accounts
The IBD is one of several firms to announce that its retirement accounts will include commissions, despite the coming DOL rule.