Some of the gems from this year's letter to Berkshire Hathaway shareholders.

He says regulatory developments "will demand that (the industry) remain united and committed to providing fact-based research and advocacy resources.

Comments to the SEC from individual advisors yes, most of them RIAs call for one standardized fiduciary duty for all.

Prudential Retirement says the outlook for the industry is very positive in 2013, though Americans' retirement preparedness still needs lots of work.

At Schwab Impact conference, Chuck Schwab talks alternative investments, one benefit of Dodd-Frank and why hes willing to write a bigger tax check.

Smaller broker-dealer firms face "humungous" costs for compliance already; the FSI says FINRA's proposed fee increases just add insult to injury.

Arnold, head of strategy for LPL, the largest independent broker-dealer in the country, will replace Robert Moore as CFO on June 15.

The new initiative, The Rollover Results Program, is designed to benefit its representatives who advise retirement plans as well as plan sponsors, while providing objective education to plan participants.