Commonwealth CEO: ‘Unlimited Liability’ Led to Dropping Commission Products
By James J. GreenCEO Wayne Bloom lays out the IBDs response to the DOLs fiduciary stew, including maintaining payouts.
November 03, 2016
DOL Rule, Election Weigh on Financial Advisors: Fidelity SurveyBesides political and regulatory developments, advisors surveyed were also increasingly focused on interest rates.
November 02, 2016
$500M Wells Fargo Team Moves to RBC Wealth: Recruiting RoundupMeanwhile, both Merrill Lynch and HighTower Advisors announce new reps and executive appointments.
November 02, 2016
16 Best & Worst 529 College Savings Plans of 2016: MorningstarOf the 63 plans Morningstar rates, almost half have a neutral rating and all three plans with a negative rating are sold by advisors.
November 02, 2016
Advisors Using Sector ETFs for Large Chunks of Portfolios: State StreetA State Street survey of advisors and wealth managers found that 85% are using sector or industry ETFs in portfolios.
November 02, 2016
TD Ameritrade Unveils All-Digital Robo-AdvisoryThe BD is offering the new service to existing clients currently and expects to launch it nationally in 2017.
November 01, 2016
5 Best Asset Managers for Tech-Minded AdvisorsAccording to a report from DST kasina, less than 20% of asset managers provide the detailed performance data that 79% of advisors desire.
October 31, 2016
Cetera Says It, Too, Will Keep Commissions in Retirement AccountsCetera Financial makes the announcement as it rolls out new technology related to the DOL fiduciary rule.