Practice

A look at the new opportunities and restrictions that emerged over the course of the year, with an eye toward what clients can do before Dec. 31.

“It will help them cope with some of the new burdens that the fiduciary requirement will impose on firms,” an industry analyst says.

New capital from outsiders is adding $50 million to the RIA's war chest.

The self-paced online curriculum consists of a base course and role-specific courses for both fiduciary and non-fiduciary roles

While the fiduciary rule was cited as a positive, problems mentioned by Bogle included the incentive for companies to be “very stingy” with pension contributions since they come out of earnings.

Multiple tiers of service with corresponding client benefits will be the only way to maintain reasonable profitability in the future.

A firm contest incentivized about 30 advisers to push lending products to clients and created conflicts of interest, according to officials.

Automated investing platforms are making it tougher to charge for some financial advice, says Tiburon Strategic Advisors.

Stephen Stabile makes an argument for this planning approach, and others in the industry agree.

Merrill Lynch's Stephen Stabile and others are using behavioral finance tools to make better plans for clients.