Industry

Regulators need to put forward a unified definition of fiduciary duty so that investors and advisors can have a fully informed debate on the matter.

The firm joins Triad from Securian Financial Services after 25 years with the broker/dealer.

Richard Fuld rebrands firm to Matrix Private Capital Group, Morgan Stanley sued over alleged anti-semitism and Texas passes a law protecting seniors from financial fraud.

Elite Financial Network, a super OSJ with $744 million in client assets, is coming over from National Planning Corporation.

With the proliferation of model portfolio platforms, investment management is increasingly automated, ubiquitous, and not at all the financial advisor’s job.

The requirement has been praised but might have its own consequences.

Improved technology over the past 12 years has made the independent landscape much more robust and attractive to breakaway advisors.

There have been at least six cases alleging discrimination against women at Fidelity in the last decade.

People magazine recently published photos of the “Bee Girl’s” wedding, the cost of being a family caregiver and firms with better health programs have healthier stock prices.

Less than 4 percent of firms oversee 60 percent of all assets in the channel.