Law and regulation

Even as independent advisors rush to comply with new laws, they are also being urged to implement innovative digital tools. Here’s how successful firms are managing to do both—cost effectively.

Joel Bruckenstein puts two applications – RIAglass and MyRIACompliance – through their paces. Can they help advisors comply with regulations?

FINRA won’t release details of an interview with a client who filed a complaint against an advisor who claimed the concerns were vague, according to attorney Alan Foxman.

Legg Mason broadened its alternative investments capabilities and also made a deal to expand its ETF business.

An imaginary look at how one very prosperous firm might approach a new set of standards.

Third Avenue Management was sued by an investor who said the firm failed to maintain adequate liquidity despite signs the fixed- income market was increasingly volatile.

The Obama administration wants to ensure its plans can withstand congressional opposition before the president leaves office, experts say.

In 2015, lower-paid plan participants contributed an average of 5.8% of their salary into their 401(k) plan, while higher-paid participants contributed an average of 6.9% of their salary to their workplace retirement plan.

CEO John Taft warns that regulatory scrutiny will increase, but adds that the long-term goal a unified fiduciary standard of care will still benefit clients and advisors.

After being burned by a now-barred advisor's $2 million Ponzi scheme, an ex-client is seeking redress from the advisor's former employer.