The Hartford Mutual Funds is introducing C shares into its family of 10 mutual funds. The new C shares will pay brokers a two percent sales commission and a one percent annual trail beginning in the second year to be paid quarterly. Clients pay a one percent up-front sales load on new investments and an annual one percent 12b-1 fee on total assets. A one percent contingent deferred sales charge is assessed on redemptions within 12 months of new share purchases.
Although many advisors choose to leave Wall Street mainstays in favor of firms offering greater independence, some find they're still most at home at another wirehouse. Just ask Todd Hatfield.
WTW Investments and SEI see enough of a market to develop private market offerings for U.S. defined contribution plans, such as 401(k) plans.
Speakers at The American College of Financial Services' CAAFP like investing legend John Rogers shed light on how people fuel long-term success in the industry.
Lifetime medical costs and ACA marketplace premiums are skyrocketing. Here's how advisors are helping clients keep their retirements on track.
Brokerages are too dependent on the billions they make every year from clients' uninvested cash, industry analysts say. LPL is responding with a long-term review of its pricing.
Two presentations at The American College of Financial Services' CAAFP discussed how successful careers in the industry require both technical and emotional skills.
