Key Findings of fi360-AdvisorOne Fiduciary Survey of Advisors
Both brokers and advisors in our second annual AdvisorOne-fi360 Fiduciary Survey agree on much, but the findings suggest a disconnect between registered reps and their leaders.
On 5th Anniversary of FPA’s Win on ‘Merrill Rule,’ Fight Continues
Lawsuit whose victory surprised and delighted many changed the conversation in Washington while industry still awaits shape of a final fiduciary rule.
Allow E-Disclosures, Retirement Plan Coalition Urges DOL
On Tuesday, a coalition of interested parties took to their pens to urge the Department of Labor to allow plan sponsors to make required disclosures electronically.
At Bogle Event, Former SEC Chairmen Agree on Fiduciary Standard—With Caveats
Harvey Pitt, David Ruder, Arthur Levitt say brokers should have a fiduciary standard: SIFMA’s Ryan agrees.
RBC Wealth CEO Taft on Advisor Growth, Regulation
John Taft heads RBC Wealth Management in the United States and recently stepped down as chairman of SIFMA, the financial-services lobbying group. Based in Minneapolis, he has worked in the industry since 1981 and recently spoke with Research about challenges confronting both the industry and the firm he leads.
Mary Schapiro and the Strange Case of ‘Business-Model Neutral’
Here's a thought. What if all our laws and regulations were 'business-model neutral,' like our drug and gun laws?
RBC Wealth CEO John Taft on Advisor Growth, Regulation: Weekend Interview
The firm has encouraged advisors with low levels of fees and commissions to depart as it aims for each rep to become a $1 million producer.
‘Volcker Rule’ Proposal Approved by FDIC; Wall St. Fumes
Wall Street firms decry proposed rules to take effect in July 2012; FDIC will accept comments until Jan. 13.
As NASAA’s New President, My Top Priorities: SRO and ‘The Switch’
It looks like Rep. Bachus’ draft SRO bill would nationalize the regulation of small- and mid-sized advisors. NASAA believes this would be a costly mistake that will not benefit Main Street investors.
When Is a Broker Not a Broker? When Their Clients Believe They Are Getting Advice
Reader comments on the WSJ's take on a fiduciary standard and retirement plans prompt a thoughtful response from Mr. Clark