Financial regulations

Industry firms taking a similar approach can clarify confusion for clients and stem attrition among adviser ranks.

The firm also asked for the suits filed in federal court to be thrown out.

The regulator, in a proposed final judgement, wants the former planner held liable for $123,000 spent on golf outings, shopping and cruises.

The move limits the bank’s ability to make golden-parachute payments and requires regulator approval before executives are hired.

"Advisers cannot just sell an all-Vanguard portfolio and hope to afford their fee," says Jonathan Steinberg, WisdomTree's CEO.

After more than three-and-a-half years at the helm, Mary Jo White made incremental moves to expand advisor exams, but did not move on structural reform or implement a uniform fiduciary standard, as many advocates had hoped.

A $650M firm serving HNW clients wanted help "navigating regulatory change."

Confusion among affluent taxpayers could lead to new ways to help clients.

Digital platforms have to overcome two key challenges to ensure they survive, according to the CEO of Orion Advisor Services.

Key people should be focused on rainmaking, not endless other tasks.

If you plan to join another firm or go indie, you’d better reacquaint yourself with this landmark agreement first.

Mutual fund providers sought to use digital platforms as new distribution channels for their funds, but new guidance upends a strategy that would rely only on proprietary products.

New guidance from the Department of Labor provides conditions under which firms can offer bonuses and other compensation incentives.

Wirehouse system and supervisory failures are just the start.

Months before the law is phased in, "traditional firms are beginning to look more and more" like independents.

The bank ignored fees on structured notes, and clients may have been shortchanged, a consultant says.

Fee-only advisors seek clarification from the DoL on compliance requirements.

Digital advice clients "have affirmatively chosen not to enroll in comprehensive financial planning," according to a newly published white paper.

Dupree Financial Group was censured for shortfalls that firm's founder insists were not indicative of a lax compliance culture.

Open enrollment offers seniors the opportunity to change their plans and save hundreds of dollars.