Organization Root Tag

The suggestion comes amid opposition from brokerage firms to an expanded fiduciary obligation.

With their pro bono efforts, advisors have helped clients manage thousands in debt, plan for future health care costs and even offered healthy recipes.

These firms scored big with advisors managing $1 billion or more.

The chairman says the commission is working closely with FINRA on inspection plans to hold brokers to account.

Clients won't be taxed as the result of a deal if they hold the shares in ETFs or index mutual funds.

New products give institutional investors a fresh way to exploit the rise of machines.

Dennis Gibb used client funds to pay for his own business and personal expenses, such as mortgage and car payments.

A healthy economy and falling mortgage rates are contributing to a more favorable climate for clients in the market for a new home.

Those with 1099 income have several tax-advantaged options.

Summit Brokerage Services wasn’t feeding the notifications into the transactions blotter while its ownership went into flux, according to the regulator.

Should the board use 1% of its budget for its own oversight? A former board chairman responds to this proposal.

The firm is snapping up five- and 10-year notes as it predicts slowing inflation and trade tensions will push the Fed to lower its benchmark 75 basis points.

An unprecedented 58 funds were closed in the six months through June, marking the industry’s worst-ever start to a year.

An advisor of 36 years, Jay Mastilak moved to Stifel from Wells Fargo.

The custodial bank says it has reimbursed the affected clients with interest.

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

Robert Cook’s pay far outshines that of other SRO chiefs.

“We are not delaying and we are not changing the standard,” Chairwoman Susan John says of pressure to weaken the board’s tougher guidelines in line with the SEC’s Reg BI.

Recruitment is ongoing — not a one-time sales pitch.