Retirement Consultant Gallagher Buys f3’s ‘Turnkey’ Wealth Management Platform
Gallagher says the deal adds a financial asset management platform to meet plan sponsor demand for holistic retirement plan participant...
Half of Americans Say They’re Reducing or Stopping Retirement Savings Due to Inflation
An Allianz survey finds another 43% of Americans are also dipping into savings to meet costs. But recent PLANSPONSOR and...
Young Workers Want Cryptocurrency in 401(k)s
These workers are more likely to consider a broad range of retirement plan investments and want more options.
Market ‘Fear Factor’ Has Retail Annuities Booming. Can In-Plan Options Catch the Tailwind?
Market volatility is contributing to record sales of retail annuities. But in-plan annuities to provide guaranteed income in retirement are...
SEC Proposal Calls for Vetting of Outsourced Services by Advisers
The SEC says the new rule proposals are responding to the growing trend in use of third-party vendors by financial...
Empower Hit With Government Markets Lawsuit
The complaint has alleged fiduciary breach under the Investment Advisers Act.
Echelon: Investment Adviser M&A Bucks Downward Trend in Dealmaking
Private equity continues to be attracted to wealth management M&A despite the current market volatility, according to Echelon Partners’ Q3...
Recordkeeper JULY Secures PE Financing to Drive Growth Plans, Including M&A
Platform Partners LLC to enter into partnership with JULY to extend relationships with advisers and drive strategic acquisitions.
Fidelity Offers Direct Indexing Products Touting More Personalized Investment Options
Direct indexing is driving growth in personalized account management for tax advantages, value-driven investing.
Millennials and Gen Z Wealth Rises 25%, Outpacing Gen X and Boomers
The growing wealth of younger generations brings more challenges – and opportunities – to the investing and retirement planning sector,...
Financial Advisers Increasingly Turn to Alternative Investments Amid Stock and Bond Declines
A Broadridge adviser survey saw an 8% jump in alt investment use over the year, though many aren’t fully satisfied...
Sequoia Secures $200M from PE Firm Valeas to Fuel Continued Growth
The wealth management firm continues an acquisitions push after nearly doubling assets under management to $10 billion last year.