For "compensation consultants, prostitution would be a step up," said Charlie Munger during Berkshire Hathaway's annual shareholder conference. Hired by corporate boards of directors, these advisors ...

The co-founder and head of advisory Francis LLC responds to pushback on the DOL’s fiduciary rule proposals by calling for plan advisers and sponsors to seek conflict-free, flat-fee advice for ...

Whether training its sights on advisors working for private funds or hybrid firms that target retirees, the SEC says it plans to zero in on whether registrants are serving the best interests of ...