JPMorgan Abandoning Commissions … Or Not?
JPMorgan seems to be in a state of flux, along with other broker-dealers, in terms of what to do with plans to drop commissions in retirement accounts as part of its compliance with the Department of Labor’s new fiduciary standard
Merrill Opens ‘Pandora’s Box’ With Shift on Commissions: Analysts
Merrill Lynch told its Thundering Herd Thursday that it plans to explore “options” for at least some clients who might benefit from commissions in retirement accounts, a shift from its earlier fee-only approach to the new Department of Labor’s fiduciary standard.
Thinking Millennial: How to Woo the Largest Generation
Feel the ground trembling underfoot? It's the largest generation in American history thundering into the economy: more than 92 million millennials, now about 19 to 35 years old.
What Do Marketers Really Know About Millennials?
It seems like marketing is all about Millennials, but who are these Millennials, anyway? You know that Millennials are people born between 1982 and the two decades after that. You know that Millennials matter to your business. After all, they're young adults with families, or they're emerging into adulthood.
E&O Exclusions Do They Drive You Crazy
About once a month a prospect actually tells me they hate E&O insurance. It doesn't offend me, but rather reaffirms my commitment to educating my customers. Let's unravel the mystery behind exclusions.
Elders Special Handling Required
“Elders Special Handling Required” If you specialize in serving the senior market, or plan to, today's message is for you.
Got A Bull's-Eye On Your Back
Today you're going to learn a new way to deal with high risk circumstances. And I'm sure the truth here will resonate with you.
Under President Trump's Direction DOL Moves To Delay Fiduciary Rule
he Department of Labor (DOL) announced today that it is moving forward, under the direction of President Trump, with its efforts to delay the applicability date of the new fiduciary rule, which was designed to require all financial advisors providing investment advice regarding retirement savings to act in the best interest of their clients. The DOL,
More reps plan shift to fees post-DOL: Cerulli report
Nearly two-thirds (64%) of broker-dealer advisers plan to shift more of their business to a fee-based model if the Department of Labor's fiduciary rule is put into effect, according to a report from Cerulli Associates.