New regulation under ERISA section 408(b)(2) is expected to be released in the fall of 2010 and take effect in 2011. One key consequence of these regulations is level pricing for financial advisers (FAs) who provide services to 401(k) plans.
Though 2009 comp was way off from 2008, on average, financial advisors' compensation has, for the most part, returned to pre-crash levels. Expectations are high for a resumption of growth for 2010.
Socially responsible funds all seek to invest in businesses that are good corporate citizens. But the funds rarely agree on which stocks pass the test. The Gulf oil spill has served to highlight the differences in strategies. While some funds are...
The Financial Services Roundtable, a lobbying group representing brokerage firms, insurance companies and big banks, spent $2.66 million in the first quarter of 2010.
Apparently not all advisors and their clients have been following the developments leading to the much anticipated Wall Street reform package Congress released last Friday. In fact, overall advisors and investors are still confused about what the...
Under reform legislation, RIAs with less than $100 million in assets will no longer be regulated by the SEC. State regulators will step in. Will states be more successful than the SEC?
