The adviser allowed her disabled sister to die of untreated bedsores, according to the D.A. It’s the first known such case involving a CFP, says the CFP Board.

The firm won a rejection of her $1 million claim, promissory note damages, legal fees and interest.

In bond and stock markets, managers had been shorting volatility to generate additional yield, such as by selling out-of-the-money put and call options.

The firm previously told some customers they would be transferred from their advisers to a self-managed system, but then backtracked and said it's holding off on the changes.

The regulator now has punished just one known person associated with the bank's admitted nationwide fiduciary violation: the RIA who flagged abuses.

Even though the rule has been delayed, the issues raised by it still need to be addressed by advisers, according to industry insiders.

Investor anxiety has mounted amid discord between the Trump administration and Russia over Syria and festering U.S.-North Korea pressures.

The rep was suspended for 15 months and fined $15,000 for engaging in the purported scheme and accepting a $50,000 cash gift from a customer, FINRA claimed.

Strategists cite inflation under-pricing in the U.S. economy, waning foreign demand and the Fed's bid to tighten its monetary stance faster than expected.

CEO Jon Stein bemoaned the rule's 60-day delay and mulled what would happen if it was repealed entirely.

Top eMoney executives said investments it has made to comply with the Labor Department’s fiduciary regulation will likely stick regardless of its fate.

There are private moments in any office — including personal conversations, gripes about bosses and political discourse — that simply do not need to be recorded.

Payment of back wages is ordered as well as reinstatement. A second reinstatement may also be in the works, Financial Planning has learned.

Prospects for an outright shrinkage of the central bank’s roughly $4.5 trillion ledger didn’t discourage markets one bit — at least on Wednesday.

One brokerage executive likens the situation to changing the rules of a football game after the teams are already on the field.

A new campaign, which highlights the toll investors may face from conflicted retirement advice, is designed to win grass-roots and government support for the regulation.

Awards and settlements are piling up even as the U.S. wealth management unit reports record profits.

The White House’s inaction has left the SEC and the CFTC with just two members each, one from each party, giving Democrats the power to block policy moves they disagree with.

Advisers will be challenged to evolve to remain successful in the new age of cheaper investing, shifting demographics and (at some point) a fiduciary standard, says Tim Coleman of Centier Bank.

Access to banking information ensures advisors can perform holistic planning, fintech firms say.