Nearly One-Quarter of Plan Sponsors Consider Private Market Investments: BlackRock
Employers chose target–date funds as the most likely way they would introduce private assets into retirement fund investment lineups, according...
401Go Program to Match Retirement Plan Sponsors, Advisers
GoConnect is part of an initiative to bring the recordkeeper into broader businesses, including benchmarking, lead generation and marketing consulting.
Advisory M&A News – 9/9/25
SEIA acquires Select Money Management; Creative Planning acquires Grassi Investment Management; Modern Wealth acquires PSF/Galloway; and more.
Daniel Gamba Moves to Franklin Templeton
Formerly the president of Northern Trust Asset Management, Gamba will be co-president and chief commercial officer of Franklin Templeton when...
Envestnet Plans $1B R&D Spend Over 5 Years
The company’s goals include improving its managed account infrastructure and increasing access to investing in alternatives.
Why Flexible Working Arrangements Have Staying Power
A recent study found that corporate plan sponsors' top reasons for offering flexibility were work-life balance, talent attraction and retention.
‘Quiet’ August for 401(k) Trading, Per Alight
During August, 18 out of 21 trading days favored fixed-income funds, according to Alight Solutions.
Thrift Savings Plan Awaits Congressional Permission for Private Investments
The $895 billion of retirement assets in the nation’s largest defined contribution plan is off limits to private market investments—for...
Risr Launches Tools for Advisers’ Succession Planning
The engagement platform’s Succession & Exit Planning tool aims to be ‘first of its kind’ for financial advisers.
Cerity Partners, Graypoint Announce Merger
Daniel Nolan, Graypoint’s president and CEO, will be a partner in and vice chairman of Cerity Partners.
Industry Groups Press DOL for Firm Rules on Private Investments in DC Plans
Last month, President Donald Trump's executive order gave the Department of Labor six months to provide its regulatory agenda.
PE Ownership Expands Into Midsize, Small RIAs
Private equity firms now own nearly one-quarter of registered investment advisers’ assets under management, according to AdvizorPro.
Retirement Industry Deals and People Moves – 9/5/2025
Pirrello to join DCIIA as COO in 2026; Vanguard taps Natalie Lamarque as chief legal officer; Connecticut governor appoints TRA’s...
UMB Healthcare Services Buys More Than 8,000 HSAs
The financial services company also acquired about $32.5 million in related deposits from Old National Bank.
AARP Attorneys Join ERISA Lawsuit Against TIAA
Attorneys from the AARP Foundation are co-counsel in a lawsuit that claims TIAA invested plan participants’ retirement funds in a...
Crane Joins Lincoln Financial to Lead Retirement Plan Services
After seven years at Ascensus, Jason Crane will oversee all strategy and execution for Lincoln’s Retirement Plan Services business.
DOL Agenda Commits to Replacing ESG, Fiduciary Rules
The U.S. Department of Labor released 150 regulatory proposals, including reversals of Biden-era Environmental, Social and Governance rules and the...
NQDC Plans Remain Valuable Part of Executive Compensation
More than two-thirds of surveyed benefits decisionmakers said they used nonqualified deferred compensation plans to retain executives, according to NFP.
Northern Trust Asset Management Picks Co-CIO for President
Michael Hunstad, co-CIO of Northern Trust Asset Management, has succeeded Daniel Gamba as president.
Product & Service Launches 9/4/25
Janus Henderson releases charitable investment accounts; SEI launches multi-strategy alternative ETF; and Zocks, Orion offer AI integration to provide portfolio...