Top 3 Ways BDs Can Help FAs With DOL-Related Platform Shifts
Broker-dealers should help advisors with new technology, criteria for picking third-party asset managers and improved planning tools.
GOP Tax Plan Won’t Do Much for Economy: Moody’s
It's a "boon for business, a wash for individuals" and does little to boost growth, says Moody’s analyst Mark Zandi.
Estate Tax Repeal Imperiled as GOP Senator Says He Wants to Keep It
Susan Collins of Maine could be another Republican friend of the tax.
Jordan Belfort, the ‘Wolf of Wall Street,’ Offers (Ethical) Sales Tips for Advisors
Belfort tells ThinkAdvisor about his Straight Line sales system and how his drug-addled past was actually worse than in the movie.
This Fed Choice Could Spook The Bond Market
One wild card for fixed-income markets is a Stanford University economist known for the monetary-policy rule that bears his name.
6 Personality Traits of the Wealthy and Successful
Author and financial editor Jean Chatzky discusses what she found from researching 5,000 wealthy and successful people.
Brokers Violating DOL Rule by Shifting Clients to Fee Accounts: Roper
Consumer Federation of America urges regulators to investigate if firms are “found to be exploiting the DOL rule to profit unfairly at their customers’ expense.”
Former Wells Fargo Exec Acquires Part of $800M FiNet Team
In other news, Focus Financial helps two partner firms complete merger deals.
Gundlach Says Kashkari to Be Next Fed Chair
The DoubleLine exec predicts the current Minneapolis Fed president will replace Janet Yellen.
Fidelity Institutional Names Durbin President
Michael Durbin is now in charge of clearing, custody, trading and other programs for RIAs, BDs and related institutions.