Regulation and Compliance issues for Wealth Professionals can be challenging to navigate especially when the SEC is involved. Catch the latest news and analysis on compliance updates that impact financial advisors.
Home-office portfolios often outperform advisor-controlled ones, according to a Cerulli Associates report. Couple that with decreased compliance risk, and it’s likely the home-office model will become more prevalent in a post-DOL world...
Moving on. | Copyright Tim Boyle, Getty Images
State Farm is tweaking its product offerings available to its agents, and the Department of Labor’s fiduciary rule is partly to blame. Currently about 12,000 of the insurer’s agents are licensed t...
The Securities and Exchange Commission proposed a rule in June requiring investment advisors to put in place business continuity and transition plans. But the requirement would be part of a new anti-fraud rule, a move the Investment Adviser...
It’s no secret that many financial advisors are not looking forward to complying with the Department of Labor’s new fiduciary rule. In our conversations with advisors, including those held during our 16-city working sessions across the...
While it happens all too often to brokers, stock loss claims are rare in the registered investment advisory world, says Brian Hamburger, founder of MarketCounsel and the Hamburger Law Firm. But a fast-growing segment in the litigation of RIAs...
At this point, the entire financial services industry and much of the investing public has heard about and commented extensively on the new Department of Labor fiduciary rule. Even Englishman-cum-New Yorker John Oliver has opined on the rule...
