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.
Wells Fargo to Keep Commission-Based Retirement Accounts
The bank outlines steps being taken to support "client choice" under the DOL fiduciary rule.
In DOL/Post-DOL Fiduciary World, RIAs Need to Re-Differentiate
How RIAs should respond to what's likely to be a new wave of deregulation.
DOL Fiduciary Rule Infringes on Advisors’ Freedom of Speech, Lawsuit Claims
U.S. District judge in Texas hears a First Amendment argument against the Labor Dept.’s fiduciary rule under ERISA.
Are Robo-Advisors Really Better Fiduciaries Than RIAs?
Yes, digital advice platforms offer low fees, but is that enough to make them superior fiduciaries, or even fiduciaries at all?
Deciphering ‘BICE-Lite’ in the DOL Fiduciary FAQs
DOL’s streamlined provision for recommendations of distributions and rollovers by “Level Fee Fiduciaries” is useful, but strings are attached.
Financial Services Explained, Pt. 2: Conflicts of Interest
Continuing our series, we explore the issue of conflicts of interest among advisors, and how to eliminate or mitigate them.