The bank was seeking to overturn some $400,000 in attorney fees awarded to four advisors as part of a $2 million case.

CEO Robert Cook has launched a task force and started assessing his own actions, he said in a panel at the Quad-A Vision conference.

Ameriprise, for example, has hosted more six times as many advisors virtually than it did in person last year.

The majority of job cuts are in corporate departments, with little impact to advisors or client service roles, the firm says.

It’s the latest team to exit the wirehouse as profit suffers.

The firm is targeting elite advisors who cater to high-net-worth and ultrahigh-net-worth clients.

Clients may have an ability to increase the ratio of after-tax dollars in their account by completing one or more transactions that are exempt from the pro rata rule.

Some of the recently acquired advisors will open branch offices for the growing BD.

To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.

One problem is the proposal is focusing on the minor advantage of tax-deferred retirement plans, says Bloomberg columnist Aaron Brown.

The department faced scathing criticism for hours from insurers and consumer advocates alike.

Financial advisor Lazetta Rainey Braxton describes tangible methods for opening minds and advisory practices.

The firm expands on both coasts with Glasband Stempel Wealth Management in Florida and Carol Wilshire in California.

A comprehensive guide to how these provisions affect retirement plans

Tools from Betterment, Vestwell and FiduciaryShield make it easy for planners to become retirement plan advisors, but they need to think twice before jumping in.

Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”

Among some 500 large-cap U.S. mutual funds, those with at least one-third of manager positions held by women have beaten those with none, data show.

It may seem counterintuitive, but paying appreciably more taxes in 2020 could save families a lot of money down the road.

“The strategy was really tied to choosing the right partners who we knew had a greater likelihood of integrating well together,” says Amit Sahasrabudhe, COO of the firm’s U.S. wealth management business.

“Given the moment that we’re at in history with all of the threats to racial, gender and climate justice, it really felt like it was time to expand what we were doing.” Rachel Robasciotti says.