The House CHOICE Act is unlikely to gain any traction in the Senate.

Eddie Queen will oversee the launch of the firm's "Intuitive Investor" digital offering.

Risk and opportunities abound for advisors seeking to manage the more than $3 trillion in assets being moved around.

StockStream crowdsources buying and selling stocks, companies are offering more financial wellness programs and Umpqua Bank hires a wealth chief.

Blass, an attorney at Ropes & Gray LLP, is an SEC alumnus who previously worked in the Investment Management division that she is being tapped to lead.

Advisors will no longer be able to offer clients hundreds of investments, but few assets managed by the brokerage will be affected.

The OMB posted a notice by the Department of Labor on its website saying it plans to solicit information about the rule from the public and interested parties.

Tom Baker, professor at the University of Pennsylvania Law School, says robo advisors are not immune from conflicts of interest. However, there are challenges to regulating the space.