DOL Fiduciary Rule Out by May 2016: Lawyer
DOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
Motif Investing, Pacific Life Partner on ‘Cause’ Motifs for Millennials
Motif Investing’s thematic investing platform targets millennials looking to invest in causes and issues they care about.
Cetera, LPL, Ladenburg Losing Appetite for M&A, Their Execs Say
After long acquisition sprees in recent years, execs from Ladenburg, LPL and Cetera express little interest in more BD deals at FSI OneVoice.
Genworth Named Best for LTC and Life Insurance Service: Dalbar
Genworth was ranked first for the high quality of service in long-term care and third for the quality of service provided to life insurance policyholders.
Pershing Adds to FundVest Platform
New additions to the no-transaction-fee platform address a growing appetite for advisory share classes as FundVest assets cross the $100 billion threshold.
Hearsay Social Adds Vanguard & NY Life, Doubles Client Base
The social media platform provider says it now serves some 92,000 financial professionals.
New Hire Roundup: BrightScope Names Riggio Its First Chief Revenue Officer
Also, Pacific Life announced changes in its sales organization, and Edmond Markel joined Hennion & Walsh.
New Hire Roundup: Charlson to Head Morningstar Alternative Funds Research
Meanwhile, the American Benefits Council names new board members and officers, and CFPB adds experts to senior posts.
6 Best Financial Firms for Advisor Service: Dalbar
Dalbar's Financial Intermediary Service Award for 2013 rates the top firms in service to financial professionals.
Top Portfolio Products: State Street Launches Ex-BRIC Emerging Markets ETF
Forward reopens its Select Income Fund as Pac Life rolls out Income Advantage annuity.