Stock brokerage

5th Circuit Agrees: Stock Brokers & Insurance Agents Just Salespeople

5th Circuit Agrees: Stock Brokers & Insurance Agents Just Salespeople

The Stock Brokerage and Insurance Industries are fighting hard against the Department of Labor's Fiduciary Rule, which would require their advisers to put their client's interests first and disclose conflicts of interest. The industries got the 5th Circuit Court to agree that, unlike Registered Investment Advisers, stock brokers and insurnce agent are just salespeople

What the Broker Protocol Exits Mean for Investors

What the Broker Protocol Exits Mean for Investors

Investors may mistakenly think Morgan Stanley and UBS leaving the Broker Protocol agreement only impacts stock brokers and their employers. The SEC, however, identified the Broker Protocol as an important agreement for both customer choice and privacy.

How to Identify Financial Professionals for Individual Tasks

How to Identify Financial Professionals for Individual Tasks

The purpose of personal finance is more personal than finance, but there is value to having an objective financial advisor in your corner. Seeking out professional advisors for individual goals or pieces of your financial plan can save you or earn you thousands of dollars more than you pay for the advice. Identify key advisors and find the answers to these 5 questions.