In some respects, David Foster has been living his advisory niche for most of his life. But it wasn’t until about three years ago that he realized he could incorporate his passion for philanthropy into his financial advisory practice. The ...

The Securities and Exchange Commission on Monday ordered eight financial firms to pay a total of $750,000 in fines for deficient cybersecurity protections that led to the exposure of client and customer information at various times over the last four ...

Vanguard Group Inc. is upping efforts to enhance its active equity options via its hybrid, digital-and-human advice business, Personal Advisor Services, with the introduction of three high-conviction mutual funds set to debut in the fourth quarter. Vanguard plans to pair ...

Talking about Alzheimer’s, dementia and cognitive decline can be an uncomfortable conversation to have with clients, but avoiding it may be far worse. And failing to incorporate that into financial planning not only puts undue risk on clients, but it ...

Finra last Wednesday fined and suspended a former LPL Financial rep who allegedly forged two customers’ signatures for fixed annuity contracts. The former rep, Joffre Salazar, was associated with LPL from 2016 to 2019, when he voluntarily resigned, according to ...

For months, Social Security watchers around the country have been asking when the annual trustees report documenting the funding status of the Social Security and Medicare programs will be released. It looks like the long wait may soon be over. ...

The best time to start thinking about investor behavior was 25 years ago. The second best time is now. The truth is that great advisers with good tools were unable to prevent far too many investors from making emotional decisions ...

Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, though it won’t be in a hurry to begin raising interest rates thereafter. The economy has now met the test of “substantial ...

Deutsche Bank’s asset manager DWS Group hit back at claims that it overstated the amount of assets that comply with sustainability criteria after the news of probes by U.S. and German authorities into the allegations sent the shares plunging. “DWS ...

We all work in or around the financial advice business, which is supposed to be home to some of the freest of the free-wheeling capitalists left in our country. Pulling themselves up by their own bootstraps, or perhaps slipping into ...