Tag: registered investment advisors
Broadridge Report Predicts BD Assets to Grow Faster than Wirehouses, RIAs;...
According to a new report from Broadridge Financial Solutions (NYSE: BR), assets for broker-dealers are expected to grow at a greater rate than those...
DOL Denies Fiduciary Rule Comment Extension, Schedules Online Hearing for Dec....
The request to extend the comment period for the U.S. Department of Labor’s Retirement Security Rule has officially been denied.
As The DI Wire previously...
DOL Unveils New Fiduciary Rule, Vows to “Close Loopholes”
The Department of Labor released its new retirement security rule amending the definition of an investment advice fiduciary under the Employee Retirement Income Security...
New DOL Fiduciary Rule to be Unveiled Today
The Department of Labor’s much-anticipated, and highly controversial, new retirement security rule – referred to as the fiduciary rule by many industry insiders –...
DOL: Don’t Call it a Fiduciary Rule
As reported last month by The DI Wire, the Department of Labor submitted a proposal to the Office of Management and Budget that “would...
DOL Submits New Fiduciary Rule for Review; Faces Fierce Resistance
The Department of Labor is facing strong opposition to its newly released proposal that “would amend the regulatory definition of the term fiduciary …...
Congressional Leaders Urge DOL to Halt Work on New Fiduciary Rule
In a letter to Acting Labor Secretary Julie Su, senior lawmakers on the Senate Health, Education, Labor and Pensions (HELP) Committee and the House...
Dept. of Labor to Unveil New Fiduciary Rule
The Department of Labor announced in its spring 2023 regulatory agenda that its revised fiduciary rule, now referenced as “Conflict of Interest in Investment...
DOL Independent Contractor Rule Debated
The Department of Labor’s recent proposal regarding the classification of independent contractor rules was recently debated during a hearing of the House Subcommittee on...
FSI Adds Five Directors to Board
The Financial Services Institute announced that it has added five directors to its board.
The new members are:
Libet Anderson, president – Concourse Financial Group...
FSI Study “Confirms Our Worst Fears” About DOL’s Independent Contractor Proposal
The Financial Services Institute announced the findings of a study analyzing the potential impact of the Department of Labor’s recent proposal regarding independent contractor...
Financial Services Institute Requests that DOL Extend Comment Period on Independent...
The Financial Services Institute is asking the U.S. Department of Labor to extend the comment period for an Independent Contractor Rule Proposal released by...
Altigo Launches Digital Marketplace for RIAs to Source Alternative Investments
WealthForge, a financial technology company that helps automate investments into alternative securities, has launched Altigo Marketplace to help registered investment advisors source and allocate...
Beacon Pointe to Merge Two RIAs, Sells Minority Stake to PE...
Beacon Pointe Advisors LLC and Beacon Pointe Wealth Advisors LLC, two affiliated registered investment advisors, plan to merge into a single RIA operating as...
