Industry

The rule is based off a model designed by the National Association for Insurance Commissioners that was intended to align with the SEC's Regulation Best Interest.

A succinct roundup of the major M&A announcements for the first week of February.

IRON Financial’s retirement division focuses on government agencies, a new focus for Creative Planning.

In a parallel action to the DOJ’s, the Securities and Exchange Commission also charged GPB and a broker/dealer that marketed its securities with running an allegedly Ponzi-like scheme that raised over $1.7 billion.

In addition to being an investor, Pottruck is executive co-chairman of startup Magnifi's board; he and CEO Hurwitz talk about where the industry has come from and where it could go.

Times are changing at Goldman Sachs.

Trends that emerged in 2020—adapting to client needs, advancing diversity and inclusion and answering the growing demand for financial advice among first-time investors—are here to stay.

The former CEO of KMS Financial will lead a new team at Advisor Group dedicated to creating a 'feedback mechanism' to better support advisors, tailored to their specific business model.

With consumer advocates calling for the SEC to use new rule-making to change Reg BI, the advocacy organization will urge the commission to stick with the rule in the year to come.