Ex-Con, Buddies Duped Investors in $15M Oil Drilling Scheme, SEC Says
The phony oil drilling investment scheme promised returns as high as 55%.
Ric Edelman: Advisors’ Biggest Tech Threat Isn’t Robos
The technology with the most radical impact on advisors’ businesses is something they may know little or nothing about, Ric Edelman tells ThinkAdvisor.
Financial Anxiety Is The New Diet Anxiety
A Northwestern Mutual study finds that 67% of millennials have anxiety about their level of savings.
DOL Seeks 18-Month Delay for Fiduciary Compliance
The Labor Department has requested a delay for the best-interest contract exemption and two other PTEs.
Boomers Who Refuse to Sell Are Dominating the Housing Market
Older Americans own half of houses, squeezing out youngsters; why one 23-year-old cruises streets and knocks on doors
IRA Rollover Traps Lurk Under DOL Fiduciary Rule
Advisors must proceed with caution when discussing a client’s existing retirement assets to comply with the rule or avoid its application entirely.
Tax Credit Boost Could Increase Small-Business Retirement Plans: LPL
LPL surveyed 791 small businesses with 25 to 99 employees to find out how to increase access to retirement savings.
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat Up
Fund giant will continue pushing fees down as it grows: “We’re going to do it across every product,” incoming CEO says.
Former Morgan Stanley, Advisor Group Execs Launch New Firm, Buy 2 BDs
The new firm, Atria Wealth Solutions, will be led by Doug Ketterer, Eugene Elias and Kevin Beard.
Managing Medicare: Tips and Tricks to Minimize Costs
Postretirement health care costs can be huge, but there are steps that can be taken to reduce the cost of Medicare coverage.