Katie Oelker, a personal finance writer at Business Insider, explains fee-only financial advising.
Knut joins members of the RIA community in pointing out the confusion in RIA rankings and which firms are fee-only and/or fiduciaries.
Innovative fee models are challenging the 1% assets-under-management fee that has traditionally dominated the investment advisory world.
The SEC has been intense about ESG and wait-and-see on Reg BI. But investor advocates are optimistic about the “most investor-centric commission in 20 years.”
A broker-dealer has been fined by the SEC after allegedly failing to disclose its conflicts of interests.
Investor protection advocates want the Securities and Exchange Commission to revisit and revise its Form CRS.