Advisor Business
Independent Advisors Have A New Competitor; Internet Entrepreneur Starts Personal Capital
Personal Capital will not have standalone branches. Instead, after aggregating their accounts, investors can call or video chat one of the 10 financial advisors.
DOL Backtracks On Strict Retirement Plan Fiduciary Rule
After months of public debate and industry backlash, the Labor Department has withdrawn its tough rules extending fiduciary duty to everyone who gives retirement plan advice.
After Three-Year Legal Battle With fi360, Don Trone Is Back With A New Designation For Investment Fiduciaries
Don Trone, the founding father of the modern effort to establish a fiduciary standard for wealth managers, today launched a new fiduciary designation, the GFS™ (Global Fiduciary Strategiest).
J.P. Morgan Expands Chase Private Banking Network To Sell Its Funds To High-End Clients
Here's an example of cross-selling in action: J.P. Morgan is opening new Chase private bank branches, starting in New York City.
Even If The SEC Gets More Funding, Mary Schapiro Might Abandon RIA Oversight
Having heard from advisor groups earlier in the week, Congress turned yesterday to the SEC and those who know the regulator best to figure out whether reform is necessary.
More Articles ...
- Merrill Lynch Puts Bright Face On Massive Bank Of America Layoffs
- California "Independent Contractor" Bill Passes After Advisor-Unfriendly Language Removed
- 18,000 Advisors Have Quit Since 2005, With Most Of Them Leaving From The Wirehouses
- Commonwealth Picks Up Another $700 Million -- All From Securities America
