Recruiting grinds to a halt, office visits canceled as virus spreads
As the spread of coronavirus disrupts operations, it’s a precarious moment for advisers who have been planning big career changes for months.
Adviser’s dilemma: To travel or not in the age of coronavirus?
Where some see unacceptable risk, others are eyeing bargain airplane tickets.
As coronavirus spreads, firms hit the brakes on adviser travel
From travel bans to working remotely, here is how firms including Wells Fargo, Edelman, RBC and others are preparing for a possible pandemic.
Social Security: Bright spots and trouble on the horizon
Asset reserves are projected to become depleted in 2035, a year later than previously estimated.
Young advisors want this benefit, but are RIAs ready to offer it?
“The industry has not done any favors to young advisors,” says independent advisor Douglas Boneparth.
Last-minute bid to save fiduciary rule fails
With the rescue attempt's failure, all eyes now turn to the SEC which is considering its own proposal for raising financial advisor standards of conduct.
Confused by the SEC’s proposed advice rule? Your questions answered
The regulator's proposal is set to remake compliance standards for brokers and advisors.
Confused by the SEC’s proposed advice rule? Your questions answered
The regulator's proposal is set to remake compliance standards for brokers and advisors.
From strip clubs to massages: When clients are sexually inappropriate
It’s tough enough to grapple with sexual harassment in the workplace. It’s more complex when clients are involved.
Fiduciary rule, RIP? Fate looks dim after court overturns regulation
Focus turns to the SEC as it considers creating its own higher standard of client care.
Wealth management fares worst in broad study of sexual harassment
From inappropriate touching to belittling comments, women advisors confront workplace environments that are far from welcoming.
Fiduciary delay to prolong already lengthy debate
The regulation's enforcement provisions will not take effect until July 1, 2019, the Labor Department said.
DoL sets fiduciary rule delay in motion
The department's proposal furthers efforts to undo the controversial regulation.
States’ rescue of fiduciary rule could backfire
Moves by Nevada and others threaten to create compliance confusion.
18-month delay for key fiduciary rule provisions gets green light
The Office of Management and Budget concluded its review of the proposal, a key step in the administrative process, which puts a freeze on further implementing the regulation.
DoL won’t delay fiduciary rule, will go into effect June 9
There is "no principled legal basis" to do so, Labor Secretary Acosta says.
Newly confirmed DOL Secretary faces tough choices on fiduciary
Alexander Acosta must reckon with a June 9 deadline amid a tense political debate.
Fiduciary rule delayed by 60 days
The Labor Department will now conduct a review with an eye toward amending or rescinding it.
Is there any saving the fiduciary rule?
Hope is dimming, but top Democrats like Sen. Elizabeth Warren and investor advocates are unlikely to relent in their efforts to preserve the regulation.
Judge rules against fiduciary foes, puts onus back on Trump
The decision landed just hours after the Department of Labor asked for the decision to be postponed while it complies with a Trump order to review the regulation.