Nearly a third now say the rule can help expand their business, up from 17% in January. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-faq"" target=""_blank"" rel="noopener noreferrer">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b>
Regulator is using advanced data analytics to find the bad seeds who can undermine a firm's culture and foster 'good people making bad decisions,' the Finra chief says.
The Thrush Group will be the 10th transition to HighTower this year.
Tim Sloan will succeed Stump as the bank's chief executive
Those who excel should be paid better, allowed to thrive and grow, in an aspirational, transparent way that will be admired by peers, competitors, shareholders and regulators.
Move could pressure other wirehouses to follow suit and lead to adviser attrition. <b>Plus, <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Find answers to all of the most frequently asked questions on DOL fiduciary rule</a>.</b>
Current CEO John Thiel (right) will step down on Jan. 1. <b><i>(Related read: <a href="http://www.investmentnews.com/article/20150408/FREE/150409924/merrill-lynchs-john-thiel-urges-colleagues-to-work-with-dol-on" target="_blank">Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule</a>)</b></i>
The wirehouse is the first major firm to announce concrete plans for compliance with the Labor Department regulation.
Michael Dechiario, Thomas Charmley, Thomas Soden, Dean Vetsikas and Stacey Robinson joined the firm Monday.
Brad Weinman joins office in West Palm Beach, Fla., where he'll serve high-net-worth clients.
Plus: Trump would dump Yellen, bracing for the next housing bubble, and 401(k) realities that should not be ignored
The tax code says fines paid to a government "agency or instrumentality" for violation of a law aren't tax-deductible.
Only when we see the facts behind the aggregate numbers can we learn what is really happening at these firms.
Head of bank's brokerage will now be in charge of community banking.
Many have either been acquired or are trying to become national firms.
Ex-Morgan broker Aaron Parthemer put a pair of athletes in investments that later turned out to be worthless.
Finra said the adviser misled five IRA customers and then did not give an honest account of his actions.
Shine a light on the many talented, successful women who serve as role models and leaders in the industry.
Robert Duncan, Bradley Newman and Zachary Breverman opened Duncan-Newman Associates in Agoura Hills, Calif.
Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.
