For firms looking to put recent graduates to work drafting financial plans, would-be advisors say that’s not what they want. Instead, they desire positions with a first-hand view ofhow financial services can help clients...

Ron Rhoades wants DOL to ignore Industry groups' alternative standards

The Department of Labor’s proposed fiduciary rule could cost firms almost $5 billion to implement and an additional $1.1 billion in annual expenses, according to a new analysis by an industry trade group. ...

Setting a record | Spencer Platt/Getty Images A 99-year-old financial advisor and holocaust survivor will be the oldest person to ring the bell at the New York Stock Exchange in honor of her 100th birthday Aug. 2. As a teen, Irene Bergman ...

His new home. | Darrin Klimek/Digital Vision/Thinkstock A Waco, Texas, financial advisor has been sentenced to six years in prison and ordered to pay more than $9 million in restitution for running a Ponzi-type fraud scheme. Charles D. Jon...

If financial services firms and advisors can attract millennials early, new research shows they will remain loyal clients...

It's better to give than receive. Investors have been in a giving mood lately. Grants from Fidelity Charitable and Schwab Charitable donor-advised funds are at record levels, the two firms said Wednesday. Schwab Charitable said its donors ...

Brokers aren’t the only ones who should be concerned about the Department of Labor’s fiduciary proposal, according to a brokerage industry trade group. The Financial Services Institute reiterated Tuesday that imposing a fiduciary...