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“It’s like shopping on Amazon for real estate,” says one investor. But clients pay a premium for the access and convenience.

Four of new hires are former wirehouse advisors.

Any gains on the sale of a property they've held for over a year may be taxed as much as 20%.

Guidance on new advice rules coming this month as OCIE and enforcement divisions struggle to expand oversight with limited resources.

Restoring fee-model disclosures to its website is just the first step in correcting the organization’s “monumental failure,” according to fiduciary watchdog Ron Rhoades.

There is quite a bit of data indicating planners timed the markets poorly during the financial crisis. Let's not make the same mistakes again.

To ensure their investments stretch as long as they live, clients are advised to develop a sustainable withdrawal plan and consider annuities.

The decision does not diminish the board's conviction that consumers have a right to know how they are paying for products and services, writes the former board chairwoman.

"If rules are too broad or vague, we may end up circumscribing conduct that we never intended to capture,” Commissioner Allison Herren Lee said.

Roughly two-thirds of the $1.2 billion contributions to the firm in 2019 came from appreciated assets.