Does Reg BI Mean the Death of Broker-Dealers?
By Timothy SmithFor advisors, the issue going forward is if they stay away from transaction-based products in favor of a strictly fee-based approach.
April 13, 2023
McKinsey Sees 45% Drop in Insurtech ACA Exchange ParticipationNational insurers' marketplace footprint increased by 28%.
April 13, 2023
Florida Man Sold Medicare Enrollee ID Numbers for 12 Cents EachThe data broker was sentenced to 41 months in prison. The BIN suppliers may still be in business.
April 13, 2023
Financial Pros Often Downplay Life Policy Investment Features: SurveyLIMRA and Ernst & Young found that agents and advisors focus mainly on the death benefits.
April 13, 2023
Phishing Scams on the Rise: FINRAThere are some key ways to spot these scams to protect both clients' identities and their assets, the regulatory group points out.
April 13, 2023
Altruist Raises $112M to Take on Schwab, Fidelity: Tech RoundupFunding came from Insight Partners and Adams Street Partners, plus Bill McNabb, Ron Carson and Marty Bicknell.
April 13, 2023
Best & Worst Firms for Self-Directed Investors: J.D. Power, 2023A poll finds most DIY investors, including those seeking guidance from advisors, don't understand how technology manages portfolios.
April 13, 2023
JPMorgan Compliance Urged Bank to Drop EpsteinIts asset and wealth management chief Mary Erdoes said recently the bank knew by "2006 that Epstein was accused of paying cash to have underage girls ... brought to his home."