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House Republicans hit pause button on tax-reform legislation
NEWS REGULATION AND LEGISLATION SEP 04, 2018
House Republicans hit pause button on tax-reform legislation

Fears of antagonizing voters ahead of mid-term elections prompts GOP lawmakers to reconsider vote on bill.

JPMorgan Chase reaches settlement in race case
YOUR PRACTICE PRACTICE MANAGEMENT SEP 04, 2018
JPMorgan Chase reaches settlement in race case

The largest U.S. bank agrees to pay $19.5 million to members of class-action lawsuit alleging racial discrimination that's 'uniform and national in scope'

Millionaire boom in Asia pushes highest rate hike in decade for wealth managers
NEWS INDUSTRY NEWS SEP 04, 2018
Millionaire boom in Asia pushes highest rate hike in decade for wealth managers

Those willing to jump to rival are seeing increases of 30% or more in Hong Kong and Singapore.

Massachusetts Financial Services fined $1.9 million by SEC for false advertisement
NEWS REGULATION AND LEGISLATION SEP 04, 2018
Massachusetts Financial Services fined $1.9 million by SEC for false advertisement

The firm advertised the superiority of a hypothetical portfolio that used back-tested quantitative research.

Fidelity sees two zero-fee index funds rake in almost $1 billion in first month
NEWS INDUSTRY NEWS SEP 04, 2018
Fidelity sees two zero-fee index funds rake in almost $1 billion in first month

The Fidelity Zero Total Market Index Fund attracted $753.5 million, while the Fidelity Zero International Index Fund drew in $234.2 million.

Securities America snags $650 million hybrid from LPL
NEWS RIAS SEP 04, 2018
Securities America snags $650 million hybrid from LPL

Patriot Financial Group has 33 advisers operating in Massachusetts, Rhode Island and Connecticut.

Janney lands $445 million team from Wells Fargo Advisors
NEWS INDUSTRY NEWS SEP 04, 2018
Janney lands $445 million team from Wells Fargo Advisors

The five professionals will join Janney in its offices in Connecticut and New York.

Three disruptions reshaping fixed-income markets
INVESTING FIXED INCOME SEP 04, 2018
Three disruptions reshaping fixed-income markets

Explosion in the amount of market data available will increase the role of technology in bond investing.

Trump to issue executive order to expand retirement savings rules for small businesses
RETIREMENT RETIREMENT PLANNING AUG 31, 2018
Trump to issue executive order to expand retirement savings rules for small businesses

Labor and Treasury Departments will be asked to review areas such as multiple-employer plans and minimum distributions.

Trump touts advantages of capital gains break, but experts aren't convinced
NEWS REGULATION AND LEGISLATION AUG 31, 2018
Trump touts advantages of capital gains break, but experts aren't convinced

The president argues that the tax break would boost economic growth.