Elliot Weissbluth, the CEO of Chicago-based HighTower, says that the Department of Labor, in designing its final fiduciary rule, created loopholes and gave concessions to the industry that allow brokerage firms to continue their business as usual...
A new U.S. rule protecting retirement funds from commission-paid brokers could be good for roboadvisers, a fast-growing sector that manages money with algorithms who may collect new clients fired by other firms because their accounts are too small...
When looking at the advisory industry through a gender lens, it’s still a man’s world. But a recent WealthManagement.com survey finds misperceptions and stereotypes can run both ways.
