Without the unequivocal support of all the members of the Securities and Ex-change Commission, just how much can we learn about the future direction of the regulation of investment advice from the two SEC studies that were released last month?
Last month, the Department of Labor proposed to expand the definition of the term “fiduciary” under the Employee Retirement Income Security Act of 1974
While in no way minimizing the tragic fate of Bernie Madoff's other victims, one can't help but feel immensely sad for Mark, whether he knew or didn't know.
At this time of year, investment stewards — retirement plan sponsors, and managers and trustees of charitable organization investment committees — are receiving 2010 year-end investment performance reports and poring over them to prepare for their first 2011 meetings with their advisers and money managers
Working with advisers over the years, I've seen firsthand how creating and executing a solid succession plan can be fraught with pitfalls
For some time now, there has been a net outflow of advisers from broker-dealers to investment advisory firms
What is the purpose of disclosing a conflict of interest? The answer de-pends on whether a financial adviser is a fiduciary.
During the busy fall conference season for financial professionals, virtually every agenda includes coverage of issues associated with regulatory reform and the extension of the fiduciary standard to brokers and dealers who provide advice to retail investors
The rest of the world is a two week notice world.
The year's best performers are headed for a tumble, while three beaten-down stocks are ready to rebound
It is likely that nothing will be known about the tax rate for 2011 until after the November elections. History shows us that if everyone knows that taxes are going up, taxpayers will employ strategies to accelerate income into this year.
In his Aug. 9 letter to the editor, “Rally the troops to help middle-income people,” Kevin Condon, executive vice president of adviser services at Myfinancialadvice Inc., did a wonderful job of illuminating the important issue of providing financial planning advice to middle-income people.
Few of September's star stocks look like bargains. But here are a few that do, according to John Dorfman, chairman of Thunderstorm Capital in Boston and a columnist for Bloomberg News.
Here's how the 10 major industry groups in the S&P 500 grade out, according to John Dorfman
The Securities and Exchange Commission and the various stock exchanges must resist the temptation to react impulsively to the market meltdown that occurred May 6.
As required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Securities and Exchange Commission has begun a six-month study of the regulation of brokers under the fair-dealing standard and advisers under the fiduciary standard.
Historically, large stocks make biggest gains when confidence in the U.S. economy is at its lowest
The confirmation a year ago of the first Hispanic Supreme Court justice, following the election of the first black president, has signaled for many people a growing appreciation of racial diversity and inclusiveness in the United States.
