After the Dow Jones Industrial Average and the S&P 500 fell more than 4 percent in one trading session, many advisors said they were expecting a market correction and had prepared clients for it.
Their future is unknown and that requires more education for both advisors and clients, according to panelists at the TD Ameritrade Institutional’s conference for financial advisors.
At TD Ameritrade Institutional’s advisor conference Friday, leaders from two of the largest industry advocacy groups said they understand the SEC will unveil their proposal for an industry best interest standard ...