Stockbrokers will soon have to disclose more about conflicts of interest that can bias investment advice under a government plan favored by Wall Street.
Bogle’s impact on investing, investors and the markets place him among the most important political and business actors globally in the last half century
Meet Margaret from Maryland. She had been relying on the advice of brokers for many years but contacted a fiduciary (CFP®) for a second opinion when the broker recommended that she buy another annuity to add to the two she’d already been sold.
First Ascent Asset Management, a portfolio strategist serving financial advisors, today announced that its founder and CEO, Scott MacKillop, is the recipient of the Investments & Wealth Institute’s 2019 Governance Insight Award.
“With the information required by Massachusetts clients can engage in intelligent conversations with an investment professional and can better comprehend a firm’s value proposition and they can become better educated consumers,” Institute President Knut Rostad said.
Securities and Exchange Commission Chairman Jay Clayton hinted that Regulation Best Interest might be released sooner than expected.