Fiduciary Rule

The wirehouse will make “many” of the pricing and product design changes it planned last year, include lowering commissions for trades involving stocks and ETFs “to the benefit of our clients,” according to an internal memo.

By putting clients’ interests first and documenting conscientiously, advisors will comply with the rule, while also building trust.

Executives also estimate how much of their advisory force will quit in the wake of the DoL rule.

Too much growth has led to a slowdown in business efficiencies. Smart firms need to fix their operating models.

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

The brokerage industry’s watchdog would also want to play an active role in the design of a possible SEC fiduciary regulation, Robert Cook says.

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

The costs of complying with the fiduciary rule may cause many smaller independent broker-dealers to disappear. Advisor Group plans to take advantage of this trend.

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

The White House has made fiduciary part of investors' vocabulary.

Envestnet CEO Jud Bergman says experts plus machines deliver better outcomes than experts or machines alone.

Though some say the rule's future is in doubt, the firm is going ahead with sweeping changes it hopes will make its advisers more competitive.

From fiduciary to robos to marketing: A close look at advisers’ top concerns and how their budgets have changed year-over-year, from TD Ameritrade’s annual survey.

With a deep résumé representing Wall Street firms, Jay Clayton is seen as a business-friendly choice not expected to push major new regulations or ramp up RIA exams.

How the new regulation will affect a planner’s advice.

Critics say the regulation's costs and hurdles will hurt advisers. But there's another side to the story.

The industry's trajectory is being permanently altered. Here's why.

Will Chief District Judge Barbara Lynn be the first to rule against the regulation? Opponents of a case in Texas federal court have high hopes.

The legal setback for the rule's foes still leaves three ongoing court challenges, as well as an uncertain future after Trump takes office.

Advisers and experts offer insights about the changes and issues the industry will face next year.