Practice

An in-depth look at the provisions being considered for the new legislation.

The alternative investments company hopes to offer increased education and access to the sometimes controversial products.

Fed up with the traditional brokerage training programs, financial advisors are opening more doors right into independent practices.

The question revolves around each individual practice’s specific structure and outlook more than any other factor.

The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”

Allison Herren Lee and Robert Cook also vowed to continue reforming expungements after the tabling of a new proposed rule earlier this year.

A comprehensive bill by U.S. Rep. John Larson would change how the COLA is calculated, increase income threshold amounts, the rate for inclusion of Social Security benefits and more.

New products constructed on more stringent ESG criteria than the so-called greenwashers often can’t be accessed through large wealth managers.

The firm also agreed to an independent compliance review and an overhaul of its social media policies.

Plan participants gave firms low marks in fundamental areas, though some performed better than others.