Pay-to-Play Compliance Reminders for Advisors at Election Time
Remember Rule 206(4)-5 of the Investment Advisers Act? The SEC does. You should, too, especially if you or your advisory firm associates make political contributions.
The Rainmaker’s Reign Is Over
Firms that rely on one or two rainmakers will find themselves struggling to keep up. It's time for a new strategy.
Mariner Holdings Launches Mariner Retirement Advisors
The new firm is focused on providing 401(k) advisory services to plan sponsors throughout the country.
New Hire Roundup: Waddell & Reed Opens New Office
Meanwhile, David Stofer, Mark Nothnagel and their team join newly launched Mariner Retirement Advisors.
Frustrated States Push to Fill Small-Business Retirement Gap
Seventeen states are at some stage of legislating state-administered plans that hope to deliver retirement plan access to small employers.
Fiduciary Advisors Are in Peril: How to Fight Back
To combat the Wall Street-Washington lobbying campaign, fiduciary advisors must state in the clearest possible terms what fiduciary advice means for investors.
Investor Confidence Ticks Up, Indexes Show
Outlooks for the economy and labor market have either improved or roughly stayed the same throughout August, three major confidence measures show.
New Hire Roundup: Great-West Financial Names Manello CFO
Also in new hires, Treasury's Office of Financial Research added 11 new members to its financial research advisory committee.
Superior Returns and Advisory Services, ‘for Free’
Eric Nelson shows how investors can beat the performance of index funds and get the tremendous value an advisor offers essentially for free.
SEC Enforcement: Missouri Firm Slapped for Fiduciary Duty Breach
Also, the SEC charged five traders with short selling and a school district with misleading bond investors.