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Meanwhile, a prominent Republican congressman called on President Trump to delay the regulation's implementation.

Even as President Trump seeks a rollback of financial regulations, there’s little chance the rule will be paused — and an even slimmer chance it will be derailed, says TD Ameritrade Institutional’s Skip Schweiss.

CFP Board and other supporters see the Labor Department's rule on retirement advice under assault, digging in for fight against administrative or legislative efforts to delay the rule.

The financier may be offered an ambassadorship or another job instead of appointing him to a top role advising President Donald Trump.

The regulation pulled back the curtain on one type of conflict, but there are many others. It's only a matter of time before they come to light, too.

The firm says it "terminated" its relationship with the large OSJ. It’s the third large split in two months.

Morgan Stanley and Advisor Group are moving ahead with changes despite the possibility that the Department of Labor's regulation could be reversed.

The regulator was operating with three of five commissioners before Chairwoman Mary Jo White left.

Moving investments into these accounts may optimize returns and boost savings. Plus, know your IRAs and the impact of Trump's proposals on income brackets.

The adviser reversed course after Merrill Lynch unveiled plans to phase out commission-based retirement accounts as part of its plan to comply with the Department of Labor's fiduciary rule.

There's a better way to craft a standard that would protect investors and preserve client choice.

James Gorman earned $22.5 million after the firm made progress toward financial targets and its stock rose by a third.

One suggestion planners say they are offering bullish clients: Don't be extreme.

Gap in coverage concerns older clients; planners are also taking a closer look at HSAs.

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America.

Even among the wealthy, a growing number of clients want more digital engagement, says CEO James Gorman.

James Gorman laid out plans for the wealth management unit, which turned in record earnings for the fourth quarter.

The advisory business ended the year on a strong note, boosted by growth in net interest income, which rose 14% year-over-year.

Advisers have been warned: SEC's exam guidance to focus on cyber threats and issues involving seniors, leaving little excuse for noncompliance.