The mutual fund arm of
The Globe and Mail reports that because of possible market timing, the unit,
Sun Life admitted Monday that the SEC is considering charging it for providing "false and misleading" information regarding market timing in 11 of its funds.
Dating back to 1924, MFS is the oldest fund business in the United States. It is also the 11 th largest, managing around $134 billion in assets.
The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.
The 10 states that offer the best return for residents' tax dollars.
Most financial advisors and their clients are well aware of the in-progress great wealth transfer. But they also admit they're not ready for it.
The LPL–Commonwealth megadeal set off a two-sided scramble. As LPL fought to retain advisors and assets, rivals raced to poach both.
Andy Leung's targeted approach to finding clients on LinkedIn is bringing in warm and even hot prospects at high rates as he builds his niche.
A proposed Labor Department rule could ease the path for alternative investments in 401(k)s, but advisors may face new due diligence and communication challenges.
