CFP Board, FPA Advocates Agree on Likely Timetable for DOL Fiduciary Rule
Marilyn Mohrman-Gillis, Karen Nystrom think it likely DOL rule will be out this year, but SEC fiduciary rulemaking prospects still cloudy.
Cheaper Advice Isn’t Always Better Advice
Commission-based advisors can make recommendations based on a client's best interests, but given the conflicts involved, can they be relied upon to do so?
Fiduciary September: A Time for Client-Centered Advisors to Come Together
The brokerage industry speaks with one voice on the fiduciary issue. Why don't fiduciary advisors do the same?
Fiduciary September 2015: A Historic Time for Fiduciary Advice
Reclaim your Advisers Act heritage, urges the Institute for The Fiduciary Standard, and tell your story to investors in the public square.
How Not to Conduct a Legitimate Study on DOL Fiduciary Costs
FSI/Oxford surveyed BD and clearing firm execs to get “cost estimates” for the DOL proposal, and then ran those “predictions” by other FSI member BDs.
5 Trends Impacting LPL’s Results & IBD Space
The independent broker-dealer sees M&As, fiduciary matters and lower sales of alternative products ahead.
Time for Wall Street to Show Investors Their Trust Matters
Next week’s DOL hearings will provide firms with the public forum to demonstrate their support for a workable best interest standard.
Most Advisors See Little Effect From New Fiduciary Rules, Survey Finds
But, expert asks, do reps really understand what they will need to do to fully monitor and manage investment suitability?
FINRA Blasts DOL’s Fiduciary Redraft as ‘Fractured, Confusing’
In its 21-page comment letter, FINRA tells DOL to modify its plan so that BDs do not abandon small accounts.
What Fiduciary Advocates Can Learn From SCOTUS Ruling on Gay Marriage
Extensive discussion, and personalization, of a once taboo topic moved public opinion before the Supreme Court ruling.