News

Delinquencies on home mortgages hit highest level since 2011

The increase in delinquences in May was smaller than the jump in April, as the economy ground to a halt

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SEC Chairman Clayton advised to drop bid for U.S. attorney

The dispute between Attorney General Barr and Geoffrey Berman has cast a shadow over Clayton's nomination for the position

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‘A priceless opportunity’: Winner of the first Visionary Leader Award for an individual

With her innovative, rapid-fire leadership, the recipient of this year’s individual award is giving nearly 2,000 aspiring planners unprecedented entree into a profession sorely in need of them

‘Authentic to a fault’: RIA wins team Visionary Leader Award

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

Opening defined-contribution plans to private equity is a mistake

U.S. regulators dropped the ball in a recent letter clarifying that regulations do not prohibit the use of private equity funds in 401(k) plans

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Don’t conflate diversity and ESG

For the financial advice community, achieving diversity represents its future

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Outlook for the economy remains cloudy

Massive stimulus efforts may not be enough to overcome the challenges posed by high unemployment, damage to small businesses

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Panic selling gives way to fear of missing out

Experts debate the effects of the stimulus spending and Fed rescue efforts on the future of the economy

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Trump to nominate SEC Chairman Clayton as U.S. Attorney in New York

Jay Clayton would replace Geoffrey Berman, who is exiting after 2½ years in the job

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Trump, Biden and Social Security’s future: Benefit cuts or higher taxes?

The program faces big challenges, including the coronavirus pandemic which could deplete the program’s $3-trillion trust fund as early as 2028.

Robinhood’s new traders ignore danger signs to bet on stocks

The rush of newbie investors into the brokerage app has sparked controversy over how big its influence is over markets.

Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts

The architect of the DOL fiduciary rule remains skeptical of the SEC measure

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FINRA Updates Suitability Rule Language to Align With Reg BI

The regulatory agency for broker/dealers has changed language to make clear that its' rule would not apply to recommendations covered by the SEC's rule, which will be implemented on June 30.

J.D. Power survey: 401(k) savers lack help from plan providers

Only 15% of participants in the survey said they received messages through mobile apps at the beginning of the COVID-19 crisis

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Benefits administrators plead guilty to $15 million embezzlement

The Texas couple made 90 unauthorized distributions from pension and retirement plans they ran

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Three Questions to Ask Before Selling Your Practice

Don't sell your practice before answering these three questions!

What Are Clients Looking for Post-COVID-19?

Five questions (and answers) that may better inform your client communications in the new normal.

What Are Clients Looking for Post–COVID-19?

Five questions (and answers) that may better inform your client communications in the new normal.

Baron Davis Invests in College Savings App UNest, Named Brand Ambassador

The startup saw investments from Northwestern Mutual and the NBA All-Star.

Avoid Uncomfortable Client Conversations by Focusing on Planning, Not Performance

The COVID-19 pandemic has highlighted the benefits of planning, with the ensuing market volatility easier to put in perspective when both clients and advisors view it through the lens of a set of future goals.