Asset managers already allocated $11 billion to developing new funds to comply with the requirement.

The added savings could be used to pay off student loans as well as increase mortgage payments and retirement plan contributions.

The Senator wants to know what the SEC is doing to prevent harassment at banks.

The second-largest independent broker-dealer overcharged nearly 1,800 retail retirement accounts, the regulator says.

The beleaguered bank is reported to have been ordered by the Justice Department in late 2017 to conduct an independent investigation of the business.

The rep borrowed $528,000 from a SunTrust client without the bank’s prior written approval, FINRA alleged.

Commission officials put the industry on notice about self-reporting: financial advisors must comply or face harsh punishments.

Offering specialized planning is now essential to attract and retain HNW clients.

The agency has reprogrammed its systems to process three benefits most likely to be claimed on returns this season.

The products can offset potential losses from lowered state and local deduction limits.

The 110-year-old wealth management firm intends to expand its tax-planning services through more acquisitions.

The scrutiny puts a spotlight on a small corner of the $3.4 trillion ETF industry.

"I think it's something that the market needs. I think it's something that regulators need," Jay Clayton says.

Compliance expert Alan J. Foxman explains why a 1035 exchange might trigger increased scrutiny.

The test will also be modified to account for the new tax law while aiming to plug leaks in the pipeline from college to CFP certification.

Sales dropped by 8% last year, but LIMRA finds reason for optimism in 2018.

The 84-year-old client wanted to preserve her wealth, but says her advisor made "unsuitable" asset allocations.

Planners must make accurate disclosures about their service models, says the regulator.

New FINRA rules will help the wealth management industry do its part to identify and prevent elder abuse.

The advisor persuaded the customer to liquidate his IRA and invest the money in a risky and costly options trading strategy the advisor managed, FINRA alleged.