How to Properly Document 2024 Plan Meetings
A retirement plan auditing expert provides a primer for recording minutes accurately and with maximum value for retirement plan committee...
News
Advisers Prioritizing Roth Provisions From SECURE 2.0
According to Escalent research, advisers are more likely to focus on immediate or traditional plan provisions with sponsors.
Financial Adviser Shortage Looms, Cerulli Reports
The consultancy finds the number of new advisers has not offset those who have gone in a different direction.
SEC Imposes $18M Fine on JP Morgan for Whistleblower Violations
According to the regulator’s order, the company’s securities division required clients to sign non-disclosure agreements barring them from reporting potential...
Morgan Stanley Wealth Management Growth Bolstered by Workplace Unit
The firm highlighted workplace offerings as a key pillar of wealth management client growth in its Q4 earnings.
Advisers’ Value to Clients, by the Numbers
PLANADVISER and PLANSPONSOR research highlights what the relationship between plan advisers and plan sponsors can bring.
Advisory M&A News – 1/16/24
BlackRock ramps up alts exposure with GIP acquisition; SageView Advisory Group acquires Palmer Retirement Consulting; Financial Advisers launches Avise Financial.
Crossmark’s Doll Named CEO, Keeping CIO Role
Bob Doll, known for his annual market predictions, is adding the CEO and president roles to his position as Mike...
CFP Board Approaches 100,000 Certified Professionals
The number of CFP professionals reached an all-time high of 98,875, with 2023 marking the most diverse class to date.
ASA Calls on Congress to Name DOL Employees Involved With Fiduciary Proposal
The American Securities Association asked Congress in a letter to identify DOL staff involved in the fiduciary proposal and to...
TIAA Partners With Hip-Hop Star Wyclef Jean on Track to Spotlight Retirement Gap
All funds from ‘Paper Right’ will go to charity FGI, focused on providing financial literacy to underserved students.
Retirement Industry People Moves 1/12/24
NFP names Greene president of benefits unit; Standard Hires Schaefer for West Coast regional VP for retirement plans; CFP Board...
IRS Addresses Emergency Savings Accounts, Calls for Comment
The notice calls for stakeholders to recommend appropriate enforcement actions to prevent the gaming of employer matches on ESAs.
A System to Protect Workers’ Retirement Assets Already Exists
The co-founder and head of advisory Francis LLC responds to pushback on the DOL’s fiduciary rule proposals by calling for...
Product & Service Launches – 1/11/24
UAW Members at GM, Stellantis to gain access to Hueler lifetime income solutions; Franklin Templeton, Valkyrie, WisdomTree launch bitcoin ETFs;...
Principal Asset Management Names Kamal Bhatia President, CEO
Bhatia will replace 40-year Principal veteran Pat Halter in leading the firm’s asset management division.
‘The Year It Comes Together’: Hub’s DeNoyior Talks 2024
In this PLANADVISER interview, Hub’s retirement and private wealth head discusses plans such as rolling out a national financial coaching...
Bitcoin and Brokerage Windows: A Risk for Fiduciaries?
The DOL has not yet commented on cryptocurrency investments in the wake of the SEC’s approval of bitcoin exchange-traded products.
Institutional Assets Held Only Slight Edge On Retail in 2023
Institutional asset channels hits $30.9 trillion in 2023 as compared to $30 trillion for U.S. retail clients, according to a...
1st House Hearing on Fiduciary Proposal Falls Along Partisan Lines
Congress weighs in on the controversial proposal for the first time, with Republicans often against and many Democrats in support.