Some advisers swear by it, while others shun it as useless legalese.
Brokerages would have to send an 'educational communication' to investors outlining questions they should ask their broker about compensation and other inducements for switching firms.
Fiduciary legislation could be a part of Congressional negotiations to avoid a government shutdown.
The non-profit organization behind the CFP designation is debuting a center to promote greater diversity in the industry and build a body of academic research.
<i>Breakfast with Benjamin</i>: The bond market selloff has sparked fears that the Fed might not hike rates today.
Investor was sold aggressive investment strategies despite stating low tolerance for risk.
<i>Breakfast with Benjamin</i>: Just when the Fed felt it was safe to move off a zero-rate policy, all kinds of heck is busting loose in the high-yield bond market.
The challenges of being among the nation's 8% of financial advisers who are black
Clients from the black community face barriers to financial advice, according to a group of African-American advisers who participated in an <i>InvestmentNews</i> roundtable.
The industry has two major problems. It lacks diversity, and it doesn't recognize that it lacks diversity.
Despite having less experience than women, men in the service adviser role, for example, were nearly twice as likely to have been promoted in the past year.
Whether you're a home buyer considering a mortgage, or an executive weighing a takeover, the 85-year-old billionaire has advice for anyone looking to live a more rational, financially successful life.
Rules proposed by Finra and MSRB would require brokers to detail the price differences they and the clients pay for corporate and municipal bonds.
With funeral and burial costs easily in the five digits, it makes sense to discuss expenses and wishes ahead of time to ease the burden on those left behind.
Predictions on what the Labor Department's fiduciary rule will look like when implemented, and when that implementation might occur.
Clients need to understand what advisers mean by risk because it can affect decisions, goals
Better client understanding of the investing process should be a boon to the client-adviser relationship.
Building family unity correlates directly to maintaining family wealth &mdash; and communication about money should start early.
