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Merrill Lynch launches ad campaign featuring its commitment to the DOL rule, Millennials are too cash-strapped to buy a home and Strategic Insight acquires BrightScope.
Ahead of the DOL rule, LPL has standardized brokerage mutual fund commissions, and later this month, the firm will add more no-transaction fee funds to its corporate advisory platform, it announced Wednesday.
DOL rule, other challenges are fueling the increase in asset management mergers, college students who lose their financial aid are more likely to drop out and don't bring ashes to the opera.