Practice

The two planners generated over $1 million in production, according to the regional firm.

The move is additional fallout from the president's memo to the Department of Labor to review the regulation and possibly rescind it.

"We believe they have made our overall platform more competitive," said a top executive in the LPL division that supports banks and credit unions.

A supply-demand mismatch in the adviser labor market will favor FAs who want to make a move.

Some firms reserve comment on the president's order, despite public support for the fiduciary rule in the past.

Rule supporters say they intend to continue making their case on Capitol Hill.

Firms must ensure that best interest practices are part and parcel of every investment deal.

Accommodating work arrangements are needed to attract and retain valuable talent, but they are underused in advisory offices.

The former planner says she was wrongfully terminated and that she did not agree to settle with the wirehouse.

After investing millions in new platforms and preparing thousands of advisers, executives say they've come too far to reverse course.