Cambridge advisors will use the BIC, accept “levelized” commissions
Like Raymond James and Morgan Stanley—but unlike Merrill Lynch—Cambridge will let commission-based advisors serve retirement clients.
View ArticleThe View from the (DOL) Trenches
'“Many of the broker-dealers are still searching for a light switch in a dark room,” said James Lumberg of Envestnet, who, with Jeff Schwantz of Morningstar and Arjun Saxena of PwC, explained to asset...
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleA Word to the Wise Advisor
At the Money Management Institute Fall Solutions conference in Boston this week, one of the presentations focused on the right and wrong words to use when explaining the impact of the DOL fiduciary...
View ArticleDOL Rule Impacts Far More Than Advisors' Pay
At LIMRA's conference this week, lawyers from USAA, Vanguard and OneAmerica discussed the broad and deep impact of the DOL rule on their firms. Call centers, training and IT are drawn into the rule's...
View ArticleThe View from the (DOL) Trenches
'“Many of the broker-dealers are still searching for a light switch in a dark room,” said James Lumberg of Envestnet, who, with Jeff Schwantz of Morningstar and Arjun Saxena of PwC, explained to asset...
View ArticleFederal judge rejects NAFA’s suit against DOL
'NAFA’s own declarations leave little doubt that those engaged in the annuities business do not simply dispense products but, rather, provide individualized investment advice,' wrote U.S. District...
View ArticleAUM of 500 top asset managers edges down, to $76.7 trillion
Some of the main gainers by rank in the top 50 during the past five years include Aegon Group, New York Life Investments, Dimensional Fund Advisors, Sumitomo Mitsui Trust Holdings and Standard Life.
View Article17 life-annuity issuers meet Conning’s ‘multi-year success criteria’
'Of those successful companies, thirteen also met the criteria in last year's analysis, which is a significant accomplishment in this challenging environment for new sales and low interest rates,"...
View ArticleTrump Wins: What Happens Now?
'How Trump will govern is a huge wild card,' write Schwab's analysts. 'Tax cuts, an infrastructure spending plan, and reduced regulation might offer offsetting boosts, but they would bring back issues...
View ArticleAnecdotal Evidence: Trump and the DOL Rule
'Would the financial services industry want to return to square one after spending millions of dollars to reconfigure their compliance systems and products' for the DOL conflict of interest rule?'...
View ArticleTrump and the Trajectory of Interest Rates
'There could be pressure for rates to go higher as investors digest the deficit spending pushed by Mr. Trump,' said Andrew McCormick, head of T. Rowe Price’s U.S. taxable bond team.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleDOL Rule Impacts Far More Than Advisors' Pay
At LIMRA's conference this week, lawyers from USAA, Vanguard and OneAmerica discussed the broad and deep impact of the DOL rule on their firms. Call centers, training and IT are drawn into the rule's...
View ArticleThe View from the (DOL) Trenches
'“Many of the broker-dealers are still searching for a light switch in a dark room,” said James Lumberg of Envestnet, who, with Jeff Schwantz of Morningstar and Arjun Saxena of PwC, explained to asset...
View ArticleTrump and the Trajectory of Interest Rates
'There could be pressure for rates to go higher as investors digest the deficit spending pushed by Mr. Trump,' said Andrew McCormick, head of T. Rowe Price’s U.S. taxable bond team.
View ArticleThere's No Morning-After Pill
Who is the real Trump? We can attempt to guess his potential policy positions on trade, immigration, or on our fiscal policy. But as citizens (and stewards of client assets) our biggest concern is...
View ArticleWhat Happens Now for Retirement Policy?
The author, a senior vice president of Retirement Policy at ERIC.org, predicts that the Trump administration will reverse several Obama initiatives: the overtime rule; paid sick leave for federal...
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