Industry

Although new rules would not need specific Congressional approval, there is a danger lawmakers could separately pass legislation to delay or kill the plan.

Unconstrained bond funds are growing in popularity, mainly due to low interest rates and their ability to invest in a broad range of assets. But there are some downfalls as well, namely risks related to credit quality, currency fluctuations and...

Too much information

Over half of advisors—54 percent—say they’ve been using “rep as portfolio manager” (Rep as PM) platforms for the past five years, managing investment portfolios across client accounts. Only about 10 percent of advisors surveyed say they don’t use...

Is your custodian a growing threat?

Congresswoman Ann Wagner (R-Mo.) pushed back against President Barack Obama and the Department of Labor’s proposed fiduciary standard, proposing a bill aimed at stalling the labor agency until the SEC had a chance to propose its own rules...

RCS Capital Corp. (RCAP) insisted that the company’s long-term fundamentals were strong and well positioned for growth on Tuesday, despite its fourth quarter earnings failing to meet analysts' expectations...

In supporting the Department of Labor’s fiduciary rulemaking, President Barack Obama on Monday called upon advisors to act in the best interests of their clients. But the administration’s approach left investment advisors, who already...

Goal-based planning significantly helps people save money, according to the 8th annual America Saves study released Monday by the Consumer Federation of America. The survey of 1,009 adults found that those with a specific plan to reach their per...