DOL Fiduciary Proposal Must Be Broader: Bobby Monks
By Bernice NapachBroken U.S. financial system filled with intermediaries whose fees leave investors poorer.
August 11, 2015
Bronfman E.L. Rothschild, Highline Wealth Form $3.6B FirmNeal Simon, Highline's founder, will be CEO of the combined RIA group.
August 11, 2015
5 Trends Impacting LPL’s Results & IBD SpaceThe independent broker-dealer sees M&As, fiduciary matters and lower sales of alternative products ahead.
August 10, 2015
Envestnet to Buy Yodlee for $660MThis deal will give the wealth-platform provider a data aggregator with a popular financial website.
August 10, 2015
DOL Tackles Key Fiduciary Plan Proposals at HearingsFirst round of DOL hearings prompts discussions on Best Interest Contract Exemption, mandatory arbitration as well as whether the proposed plan would spur lawsuits.
August 10, 2015
Guggenheim Unit to Pay SEC $20M Over Compliance FailuresThe group failed to disclose an executives $50 million loan from a client; staff took dozens of trips on clients planes.
August 10, 2015
Crashing the Boy’s Club: Tips for Female Millennials to Break Into Advisory IndustryTwo women at the helm of a new initiative at Lincoln Financial Network tackle the boys club image attached to the financial services industry.