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While much of the wealth management industry cautiously mulled over the potential impact of the fiduciary rule, digital-first firms were quick to celebrate.

Merrill Lynch's John Thiel was pleased the new regulation addresses several "practical concerns" made during the comment period.

Editor-at-Large, Information Management

Banks and credit unions are not prepared for the onslaught of change that began Wednesday.

Industry groups takes side on the newly issued fiduciary rule.

One bank executive says "the beauty of the digital wealth management platform is that it can be offered at a very low cost."

Why some industry experts say long-term interest rates may soon reach historic lows; plus, will change come to the Social Security windfall elimination provision?