Andrew Welsch is a former managing editor of Financial Planning.
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The decision landed just hours after the Department of Labor asked for the decision to be postponed while it complies with a Trump order to review the regulation.
February 8 -
Two advisers in the group are industry veterans who began their careers in the mid-1990s.
February 8 -
The two planners generated over $1 million in production, according to the regional firm.
February 8 -
The move is additional fallout from the president's memo to the Department of Labor to review the regulation and possibly rescind it.
February 8 -
After investing millions in new platforms and preparing thousands of advisers, executives say they've come too far to reverse course.
February 7 -
A look at which wirehouse and regional firms have been the most successful in attracting top recruits – and how things may shape up this year.
February 7 -
A close look at how the regional BD wooed over recruits and how it hopes to benefit from its revival of an iconic brand.
February 6 -
Here’s what the president’s actions mean for advisers and firms.
February 6 -
CEO Jim Cracchiolo said the firm's efforts won't go to waste should the rule be overturned.
February 2 -
Meanwhile, a prominent Republican congressman called on President Trump to delay the regulation's implementation.
February 2
