Compliance

The firm is going for a middle-of-the-road approach that includes fee-based retirement accounts and which also relies on the best interest contract exemption with certain clients, says CEO Ron Kruszewski.

If you plan to join another firm or go indie, you’d better reacquaint yourself with this landmark agreement first.

Proponents of internal crossing say it can reduce costs, while detractors say it's riddled with potential conflicts of interest.

Regulator comes down hard on compliance failures; additional $6.3 million must be paid back to investors.

"There are ways to potentially be cute with it. You could potentially cut out retirement business from the back-end bonuses," says an ex-Merrill Lynch executive who works in the independent space. "Cute doesn't usually work when it comes to regulators."

The Justice Department and SEC have been cracking down on hedge funds' use of firms that are paid to offer insights on Washington policy that could move stock prices.

The early decision stops advisers from earning commissions on products that will also generate fees through the firm's Investment Advisory Program.

A planner tells compliance expert Alan J. Foxman that he's concerned a court-appointed guardian is not acting in an aging client's best interests.

New guidance from the Department of Labor provides conditions under which firms can offer bonuses and other compensation incentives.

Some managers have been quick to respond with new robo platforms and recalibrated offerings for fiduciary advice.

Mirae Asset Global Investments said it is building its cash position in one of its Asia bond funds during the U.S. presidential campaign.

The decision is effective immediately and was made within hours of the Department of Labor issuing new regulatory guidance on the fiduciary rule's implications.

That extra back-end comp "can create acute conflicts of interest," the Department of Labor says in newly provided regulatory guidance.

"We fully expect to offer a range of options to help our clients," CEO Paul Reilly said.

Unlike its rival, Morgan will keep commission-based retirement accounts under the new regulation's best interest contract exemption.

As the industry shifts in response to developments in the regulatory and technological space, what can advisers expect? Here are ten takeaways from a new Schwab study.

DoubleLine's CEO now acknowledges that TIPS are becoming a more attractive option for investors who want to own longer-term government bonds.

CEO Wayne Bloom says the threat of lawsuits in the wake of the new regulation prompted the change, which could be a first among IBDs.

Investors added more than $750 million to ETFs that buy emerging-market stocks and bonds last week, extending the longest winning streak in more than a year.

"There's going to be a lot more raw data that firms will have to collect," says Paul Soltis, global market manager for fund administration service provider Confluence.