Finding the best investment advisor depends on understanding a few terms of art. Two particularly key terms retail investors are likely to run across when looking for an expert to help with ...

Your stock broker or investment adviser could be a straight arrow, scouring the financial world for the very best products, but it's entirely likely they aren't. They could just as easily push you ...

If you wanted hiking footwear, you probably would be surprised if a salesperson at an outdoors store suggested flip-flops. You would expect someone knowledgeable about hiking to recommend sturdy boots ...

Regulators set their sights on the suitability standard governing insurance sales almost from the time it was adopted in 2010. Meanwhile, agents keep delivering life insurance and annuities as their ...

You need to be sure that any financial advice you get is given with your best interest in mind. The best way to do so is to hire a fee-only adviser who operates in a fiduciary capacity. The Department ...

A large percentage of investor arbitration cases involve claims that an investment recommendation was unsuitable. I first wrote about the concept in July 2009 (See, "Suitability Claims.”) The concept ...

The Department of Labor recently released its final rule regarding an amended definition of a fiduciary on retirement accounts under the Employee Retirement Income Security Act of 1974 (ERISA). This ...

As the implementation date for the SEC’s Regulation Best Interest approaches, FINRA is taking steps to amend the language in its own rules on suitability to make them better align with the SEC's ...

With Democrats now in control of Congress, the Mortgage Bankers Association, like any lobbying group, is tweaking the messages it sends to Washington. With predatory lending possibly on the federal ...

Andy: I don’t know about you folks, but I found today’s sessions to be very helpful, especially that lawyer’s presentation on “standards of care.” I was always under the impression that we life ...

Finding the best investment advisor depends on understanding a few terms of art. Two particularly key terms retail investors are likely to run across when looking for an expert to help with ...