Mercer Bullard, Investor Advocate, Talks About Financial Reform
Investor advocate Mercer Bullard is concerned about the impact of financial reforms that are intended to help investors. One reform in the Senate bill, which passed on Thursday, is an extension of the fiduciary standard of conduct to broker/dealers.
Fiduciary Standard Absent from Senate Reform Bill
But broker/dealers and insurers may see better informed retail investors vote with their heads and feet.
Exclusive: Former Treasury Secretary Paul O'Neill on Financial Reforms
Former Secretary of the U.S. Treasury Paul O'Neill, in New York for a busy week of meetings, sat down with Wealth Manager Editor in Chief Kate McBride at the Waldorf Astoria for an exclusive interview on Tuesday, May 18
Exclusive: Former Treasury Secretary Paul O'Neill on Dodd Reform Bill
Former Secretary of the U.S. Treasury Paul O'Neill, in New York for a busy week of meetings, sat down with Wealth Manager Editor in Chief...
WealthManagerWeb Exclusive: Fiduciary Expert Ron Rhoades on the B/D Exemption
Whatever happened to the repeal of the broker/dealer exemption allowing brokers to give advice to customers--but not require a fiduciary duty to those clients?
Sen. Akaka to File Fiduciary Duty Amendment to Financial Reforms Bill
Wealth Manager has obtained a draft of the amendment. It mandates the extension of the fiduciary standard as it applies to investment advisors under the...
Breakaway Broker Trend Accelerates
The migration of broker teams from large brokerage firms to the independent model of registered investment advisor (RIA), or independent broker/dealer (B/D), continues.
Bank of America Cutting Mortgage Principal
Certain mortgages will be eligible for "principal forgiveness," as a result of settlement with Massachusetts attorney general.
Six Choice Pieces of Fiduciary Misinformation
There is a great deal of chatter surrounding the fiduciary movement that is just plain incorrect--as in, not fact--whether from ignorance or deliberate obfuscation.
Global Pensions Awards for Inalytics
One firm that has developed a technique for helping pension funds assess managers' skill and monitor performance, Inalytics, won "Investment Consultant of the Year" and "Software Provider of the Year."