Firm failed to set up systems and adequately supervise representatives, regulator says.
Although a common cost estimate is 100 basis points of assets under management, a new Personal Capital report finds advisory fees at large firms ranging from 1.25% to 3%.
Bipartisan lawmakers seek to expand the pool of people who qualify to invest in private securities offerings, boost the lending capability of BDCs and ease regulations on closed-end funds.
If the tax bill becomes law, the recharacterization repeal will be effective after 2017
Professional Investors Network, with 70 advisers and $1.7 billion in assets, was affiliated with NPH.
Debate rages over whether digital asset is a new currency or risky fad.
The defined contribution industry, record keepers and advisers alike, must catch up fast.
Some key differences from House bill include how mortgage deduction and estate taxes are treated.
The $75M agreement ends a years-long class-action trial.
Putting clients in expensive share classes instead of lower-cost ones hurts investors, chairman says.
More than 22% of its total adviser workforce is now certified by the wirehouse to act as a fiduciary for retirement plans.
Rivals have picked off some big NPH teams, but LPL said it is getting the lion's share of revenue from the acquisition.
Complement that with client segmentation capturing qualitative and emotional factors.
The government had sought a sentence of at least seven years against the former Nick Schorsch colleague.
New home uses Raymond James bank unit as broker-dealer and RIA.
Strategic Partners of Kansas oversees 38 advisers.
The number of ESG funds has increased sharply over the past few years, and interest is growing among advisers.
Adam Ocner allegedly took funds from branch manager.
The Trump administration review is prompting some retirement plan specialists to hold back on implementing parts of the rule that are vague or challenging.
Mark Lazar in suburban Salt Lake City moves to firm's employee unit.
