DoL

In addition to redesigning its business lines, the $48 billion firm is considering a robo, the president of its broker-dealer said.

Class-action lawsuits inspired by the DoL regulation “may go away,” says a prominent ERISA attorney.

A new industry snapshot highlights record firm count and AUM, while continuing steep client growth fueled in considerable part by the rise of robos.

CEO Dan Arnold said advisers’ uncertainty about the fiduciary rule is waning.

The rule has cost the firm tens of millions of dollars in compliance and lost revenue.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

The new executive will lead a team counseling advisers on how to comply with the DOL rule.

The Labor Department has indicated that further revisions to the regulation could be forthcoming.

A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.

The agency plans to split the award between just two people who reported the bank’s product-pushing tactics.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

A new bill would go further than past attempts to block the Labor Department altogether.

Some predict the new standards will push more planners to drop their CFPs.

The sales-first crowd is trying (desperately) to make sense of the new regulation.

The move comes the same week that the SEC said it would try to coordinate with the Labor Department on the regulation.

The regulation, which has broad support among RIAs, has spurred firms to streamline policies and procedures, according to a new study.

Even as the board seeks stricter fiduciary rules, there are concerns about loopholes on conflicts and commissions.

Low costs and an overall shift toward passive are only part of the reasons why they are leaving such an impact, according to four experts’ testimonies.

Independent advisers are poised to benefit from implementation of the DoL ruling.

The truth is, many investors would be horrified to learn the true extent of the fees they pay.