The SEC ‘Hasn't Been Doing Its Job for a Long Time’: Brian Hamburger
In a wide-ranging session at the Envestnet Advisor Summit in Chicago in early May, MarketCounsel's Brian Hamburger argued that one of the main regulatory and compliance issues facing advisors is the regulators themselves.
The Benefits of Reverse Mentorship
Age sometimes begets hubris, a state of exaggerated self-confidence based on the belief that one has seen it all. As the abridged quote from Proverbs says, “Pride goeth before a fall.”
FINRA’s Ketchum Blasts DOL Fiduciary Plan; White House Says ‘Work With Us’
FINRA CEO Richard Ketchum talked at the regulator's conference about what's wrong with the DOL plan and offered an alternative approach to putting customers first.
Europe Is a ‘Re-Emerging Economy’ for U.S. Investors
Europe is now institutional investors’ No. 1 foreign investment target, followed by Asia and sub-Saharan Africa, according to a survey by Armstrong International.
George Kinder: Life Planning Is the Future—The 2015 IA 35 for 35
"It's really impossible to be a fiduciary without being a life planner," Kinder says.
Fed Might Take Backdoor Approach to Interest Rate Hike: Bill Greiner
Rather than raising the discount or fed funds rate in coming months, the Federal Reserve might strike somewhere else first, the investment strategist says.
Forget Fiduciary: Real Battle Coming Over Harmonization
SEC "hasn’t been doing its job for a long time," MarketCounsel CEO Brian Hamburger says, and the DOL fiduciary controversy obscures a bigger fight ahead.
RICP Becomes American College’s Top Designation Program
Americans are desperate for retirement advice, and a growing number of financial advisors are equally anxious to guide them.
Is Fiduciary Sales an Oxymoron?
DOL and SEC need to make the distinction between sales and advice clear—and stop letting anyone other than an RIA call themselves an advisor.
Lou Harvey: Looking for Mr. Dalbar—The 2015 IA 35 for 35
The wizard behind the curtain of the ubiquitous research firm helped popularize behavioral finance and keeps the industry on top of important issues.