Retirement Industry People Moves – 9/25/2026
Sage Mountain names Danica Griffith chief growth officer; Edward Jones hires Vanguard’s data chief; Mercer Advisors announces new chief platform...
News
Wagner Law Group Pushes Back on Proposed PBGC Penalty Rule
According to the law group, employers in defined benefit plans would be unfairly paying for outside adviser errors.
AllianceBernstein Names President as CEO
Onur Erzan, currently the firm’s president, will succeed Seth Bernstein in 2027.
Recordkeeper Data on PEP Adoption
Three dozen recordkeepers give insights into their strategies with pooled employer plans.
Do State Auto-IRAs Act as Small Plan Stimulators?
Experts say state mandates initiate conversations, rather than competition.
PEP Efficiency: Well Worth the Customization Limits
The reduced administrative complexity and fiduciary responsibility in pooled employer plans often outweigh any perceived loss of control.
DeVoe Tracks Advisory M&A Slowdown, While MarshBerry Sees ‘Breakout Year’
Market observers agree that the underlying causes of advisory firm mergers and acquisitions remain strong.
Product & Services Launches – 9/24/2026
Savvy Wealth launches custodial platform; State Street expands MyIncome ETF suite; FINRA, NFA cross-link investor protection databases; and more.
EIG: More Than 76M Workers Lack Employer-Provided Retirement Accounts
The Economic Innovation Group found nearly half of private sector workers do not have access to an employer-provided plan.
Prudential Adds ‘Wealth’ to Retail Advisory Branch Name
The company aims to highlight the expansion of its wealth management business.
House Bill Seeks Social Security Eligibility at 60 for Workers in ‘Physically Demanding’ Jobs
The measure could accelerate the program's projected insolvency.
Invesco: DC Plan Participants Interested in Private Markets, but Struggles to Identify Them
The asset manager found many surveyed defined contribution plan participants did not understand which asset types counted as private market...
Edelman Names Tina Wilson Chief Retirement Officer
Kurt Fauerbach, the outgoing head of workplace business, is retiring after 18 years with the firm.
Mishandling of Client Assets, Adviser Time Could Gouge Profits
Wealth advisory firms may unintentionally undermine their bottom line as they seek to expand client relationships.
Advisory M&A News – 9/23/2026
Modern Wealth acquires AWA Wealth Management; Cerity Partners to acquire 3 firms; Merit Financial Advisors taps $888M adviser team; and...
Retaining Inheritors as Clients Beyond the Great Wealth Transfer
A recent survey found most people poised to inherit in the next decade work with financial professionals, but only 6%...
CAPTRUST Acquires 2 New York-Based Advisory Firms
Compass Advisors and Long Island Wealth Management add a combined $1.2 billion in assets.
CITs, Mutual Funds Differ in Layers of Oversight
Plan fiduciaries should do their due diligence to understand the vehicles and their underlying investments, according to experts.
Natixis Index Reveals Declining US Rank, Eroding Retirement Structure
Most survey respondents (81%) said they are becoming responsible for their full retirement fundings, breaking the three-pillar retirement model.
Kay Lynn Mayhue Named CEO of Merit Financial Advisors
Founder Rick Kent will become executive chairman, and Zach Mersberger will become president.