DOL Abandons Its Statutory Mission to Protect Retirement Savers
By Phyllis C. BorziIn deferring to the weak and ineffective SEC standard, the Labor Department is setting aside its much stronger mandate.
July 28, 2020
Orion Launches New Client Portal for AdvisorsThe firm believes the portal, integrated with Apex, gives investors "one-stop, go-anywhere access" to their finances.
July 28, 2020
Hightower Buys Stake in $3.3B Texas RIAThe deal, the third for Hightower this year, brings it to a total of 108 advisory businesses in 33 states.
July 28, 2020
AIG Unit to Pay $40M Over 12b-1, Referral Fees Tied to Teacher Pensions"Too often educators are targeted with misconduct related to their investments," said SEC Chairman Jay Clayton.
July 28, 2020
An In-Depth Look at Microsoft's Thinking on Remote WorkFor one thing, the 30-minute meeting is in, a study of the tech giant finds.
July 27, 2020
Schwab Names 2 New Board MembersOne recently was COO of Fidelity National Information Services' global financial solutions group; the other is CTO of Starbucks.
July 27, 2020
Envestnet's New RIA Planning Tool Is a 'Good Start': BruckensteinThe head of T3 Technology Hub reviews the new advisor tool and predicts it will "become much more robust over time."
July 27, 2020
How an Advisory Firm Helps Grounded PilotsFacing the prospect of mass layoffs come October, many pilots wonder if they should take an early retirement buyout.