Practice

Implementation of fiduciary rule could drive more IBDs to seek safe harbor with large partners.

The group says it wanted to offer clients greater transparency.

The firm has collected more than $1.1 million in arbitration cases so far this year.

The new hires help the firm further expand its presence in the Southeast, an executive says.

Clients should not underestimate the impact of taxes on their income after they retire, as their tax liability could reduce substantially their net earnings.

Regulators now use deeper dives into specific areas rather than broad probes, experts say.

The wirehouse pullback on recruiting is seen as an opportunity for regional firms, a recruiter says.

Private equity investors are "salivating" as they see inefficiencies to exploit in the financial advice industry.

Planners using the latest digital tools report higher AUM than their colleagues, Fidelity says.

Retirees who retire before 65 and want to reduce their premiums are advised to keep their taxable income between $12,060 and $48,240 (for singles) or $16,240 and $64,960 (married couples).