Year-to-date, the S&P 500 is down about 8 percent. Yet the president of LPL Financial, the largest independent broker/dealer in the country with some $462 billion in advisory and brokerage assets, said there isn't yet any indication...
With the Department of Labor’s proposed fiduciary rule due out in the first half of 2016, the Financial Services Institute is focusing on helping prepare advisors and firms to comply with the new standard, and will turn its advocacy...
Keep it simple.
Desperate times call for desperate measures. So complicated market environments call for complex investment strategies, right? At least that’s what investors (and asset managers) are hardwired to think, according to the la...
The Financial Industry Regulatory Authority cracked down on a number of issues in 2015, although perhaps the most common (and costly) for many broker/dealers was mutual fund overcharges. Overall, the 15 biggest sanctions the regulator doled out...
Pick door No. 3.
Private wealth management firms were in high demand in 2015, dominating the financial transaction landscape among asset management firms with a record 59 deals, according to a new report by Sandler O’Neill. The firm attrib...
After just two months in the role, Larry Roth has stepped down from his role as CEO of RCS Capital (RCAP), the struggling parent of Cetera Financial Group that plans to file a prearranged Chapter 11 bankruptcy by the end of the month...
With almost all of the leading candidates having released their official tax proposals, voters are faced with a glut of information. Though the proposals largely break along party lines, there's still some key differences of which to take note...
