Commission Clients Don’t Favor Switch to Fees: J.D. Power
Full-service clients have strong views on their retirement accounts and how they like to pay for them, a J.D. Power poll finds.
JPMorgan Abandoning Commissions … Or Not?
The firm told clients they have to move to fee-based or self-directed accounts, unless there is a delay in DOL's fiduciary rule implementation.
Merrill Opens ‘Pandora’s Box’ With Shift on Commissions: Analysts
KBW weighs in on what moving away from a fee-only approach could mean for recruiting, operations and legal issues.
NASAA’s Legislative Priorities for the 115th Congress
Congress should not only pass the SeniorSafe Act, but also require that at least one SEC Commissioner possess state securities regulatory experience.
Wall Street Should Put All Clients First
The fiduciary rule shouldn't apply just to retirement accounts; it should apply to all investment accounts, no matter the size and type.
Luis Aguilar, Ron Carson Join Institute for the Fiduciary Standard Advisory Board
Dan Solin and Woodrow Leake were also named to the board featuring John Bogle and Tamar Frankel.
Flat Fees in the UK: Different Country, Same Lame Arguments
Exploring the notion that paying a onetime commission for "advice" is less costly than paying an annual AUM fee.
Can Brokers and Agents Act in Their Clients’ Best Interests?
A reader accuses me of unfairly comparing the dings of broker-dealer firms to those of RIA firms. I reply in my modest way.
Hoping for a Regulatory Miracle
Many advisors would love some common sense to be exercised in 2017 with respect to the DOL's fiduciary rule.
A Conversation on Conflicts of Interest
Legally requiring an advisor to act in the best interests of their clients 'does not solve the problem,' argues a reader. I respond.