Understand fiduciary versus financial advisor roles. ... They aren’t required to have a specific education or certification. ... you might pay a 0.25% fee for each mutual fund you invest in.

A true fiduciary could charge assets under management (AUM) fees and use mutual funds that don’t charge a commission, but they can’t sell a mutual fund as a product, says certified financial ...

Exchange-traded funds and actively managed mutual funds are competing to see which can gain the most business as the result of the recently passed fiduciary rule. The U.S. Labor Department rule ...

American Funds decided to offer fiduciary services to plan sponsors but is not profiting from the service; plans pay a minimal fee to Wilshire Associates directly. For plans with fewer than 25 ...

Investment funds run by financial giants such as Goldman Sachs and BlackRock are “foregoing billions of dollars in shareholder returns” to comply with “woke” environmental, social and ...

Question: “I was scammed by a man who was a broker posing as a fiduciary.He put more than $100,000 of my retirement savings into worthless funds. I did not find a financial adviser who told me ...

Scott Rose, the Memphis attorney the VA has appointed to replace Dobbs as Ashurst’s fiduciary, confirmed the VA has replaced missing funds from the veteran’s account but said ethically he can ...

Investors in Nightingale Properties’ projects finally have an answer about the fate of their funds. It’s not the answer they were hoping for. Nightingale had raised more than $54 million from ...

New mutual-fund share classes meant to help financial advisers comply with the fiduciary rule will move forward at some fund firms regardless of the outcome of the Labor Department’s review of ...

The DOL Fiduciary Rule goes into effect June 9, 2017, despite expectations of a cancellation. Most believe the Rule is for the retail investor, but it will also help target date fund beneficiaries ...

So across the wealth management industry there has been a gnawing and anxious debate that may be keeping advisors up at night-does the fiduciary rule mean that advisors need to always offer the ...

The Department of Labor’s fiduciary rule backed by President Barack Obama’s administration in Congress could put an end to hidden fees and conflicts of interest in the investment market, ...