Features

Topic

Reverence Capital Partners buys Advisor Group

The B-D network produced $1.7 billion in total revenue last year.

Topic

SEC commissioner Hester Peirce says Reg BI is stronger than fiduciary duty

And SEC chairman Jay Clayton tells senators his agency aims to preserve adviser, broker competition while bringing standards closer.

Topic

States approving bigger rate increases for long-term care policies

Some are signing off on premium increases in the 200%-300% range, one executive said.

Topic

Conflicting tax information creates ‘nightmares’ for some investors

Brokerage tax statements don't always reflect all of an investor's accounts or original costs.

Topic

Second financial adviser identified as part of college admissions scandal

Morgan Stanley terminated Michael Wu in March after he did not cooperate with the firm's investigation.

Topic

Acosta says Labor Department will revive fiduciary rule

Labor secretary says his agency is collaborating with the Securities and Exchange Commission as the regulator finalizes its own Reg BI.

Topic

Elderly investors win $3.2 million Finra arbitration award against AXA Advisors

Upstate New York couple cites five unsuitable variable annuity, life insurance transactions.

Topic

State regulators urge SEC not to try to block state fiduciary laws

NASAA doesn't want regulator to assert federal preemption in advice rule.

Topic

Bob Doll says Fed likely will ‘murder’ economic growth

U.S. economy is doing reasonably well, but the Federal Reserve could bring about its demise when inflation eventually ramps up, Nuveen exec says.

Topic

Ameriprise to open bank with up to $2.5 billion in client deposits

The company will join other broker-dealers cross-selling banking products such as mortgages and home equity loans through its adviser workforce.

Subscribe

Get unlimited access to investmentnews.com

Starting at $4.95 a week for 4 weeks

SIGN UP

Pay just $4.95 for the first 4 weeks