After taking a few days to digest the 1,000-page Department of Labor fiduciary rule, the Securities Industry and Financial Markets Association (SIFMA)—perhaps the biggest opponent of the rule—admitted that the DOL did address some of...
They listen. | Comstock Images/Stockbyte/Thinkstock
Financial advisors have the ear of their wealthiest clients when it comes to making investment decisions, more so than family members or family office executives, according to a new stud...
The Department of Labor’s final fiduciary rule, released Wednesday, differed enough from the proposed version that the DOL felt compelled to publish a lengthy chart detailing where the two diverged...
The Department of Labor released the final version of the fiduciary rule on Wednesday, and though it was more lenient than many expected, wealth management technology vendors see the rule as a catalyst for widespread adoption...
The financial industry is in a tizzy as the Department of Labor released the long-anticipated final version of the new rules addressing conflicts of interest in retirement advice earlier today. Weighing in at over 1,000 pages, the collected...
Everyone from legislators to individual financial advisors to concerned investors weighed in on the final Department of Labor fiduciary rule, which was released today. ...
(Bloomberg) -- LPL Financial Holdings Inc., Primerica Inc. and other firms that manage money for individual investors surged after new standards to protect savers from conflicted investment advice appeared weaker than expected...
Advisors are not fazed by the impending Department of Labor fiduciary rule, expected to come out today. Sixty-one percent of advisors said they expect little to no impact on their business if the DOL rule passes, according to Russell Investme...
