Top 3 Ways BDs Can Help FAs With DOL-Related Platform Shifts
Broker-dealers should help advisors with new technology, criteria for picking third-party asset managers and improved planning tools.
Why You Can’t Be ‘Three-Quarters of a Fiduciary’
Former SEC Commissioner Luis Aguilar’s comments reverberate more loudly today, as fiduciary rules at DOL, SEC and CFP Board come into focus.
CFP Board’s Proposed Fiduciary Standard: Too Weak, Too Strong or Just Right?
Two CFPs and Knut Rostad discuss the proposed revisions to CFP Board's Standards of Conduct.
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.
High Court Shuts Door on Claims Against Insurance Salesman
The decision hinged on whether the advisor had a fiduciary relationship with the plaintiffs.
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.
3 Ways BDs Can Best Support Post-DOL Growth for Indie Advisors
The culture fostered by cultivated by broker-dealers can either drive service-based growth or hold it back.
BD Stocks Feel Bite as DOL Fiduciary Deadline Nears
Meanwhile, financial analysts say Trump could bring broker-dealers, insurers and asset managers relief from some aspects of the reform package.
In Reversal, Merrill OKs Retirement Account Commissions in 'Limited Situations'
Wealth chief Andy Sieg shares details on the cases in which advisors can charge commissions via BIC.
Morgan Stanley Could Cut FA Comp for Vanguard Funds: Report
But a Morningstar executive questions the value of such a strategy for both clients and advisors.