Practice

Richard G. Cody, formerly of Boston Investment Partners, allowed his clients’ accounts to dwindle to almost nothing, according to the Justice Department.

Advisors take note: DAFs remain the fastest-growing charitable giving vehicle.

Although its fees are higher than other thematic offerings, similar products from Ark Investment Management have outpaced their peers. Plus; other launches.

Tru Independence is partnering with a marketing organization specializing in the commission-free protection space.

"Retiring just before a stock market peak could be ruinous to your financial health but it doesn’t have to be,” says an expert.

Distributors may be demanding more support in the areas of investor education, risk management and governance.

The broker is the fifth advisor this month to part ways with Raymond James.

The broker-dealer alleges Jason Kirkland violated company policy, used confidential information and broke his 12-month non-solicitation agreement, among other claims.

Clients who buy and hold the products in their retirement accounts may get a nasty surprise, said one of the SEC’s five commissioners.

Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.