Adviser Product Partnerships
SMArtX adds 25 strategies to unified managed accounts platform, including from Fidelity and Nuveen; Goalsetter partners with Envestnet; Holistiplan tax...
News
Industry Voices Object to SEC Safeguarding Rule
Adviser advocacy and interest groups expressed disapproval for the SEC’s proposal, citing discretionary trading concerns and limiting annuity use.
New RIA Aims to Advise Plan Sponsors on Diligent Annuity Selection
Experts in the insurance and asset management industries have launched Annuity Research & Consulting to advise 401(k) plan sponsors and...
The PLANADVISER Interview: Fiona Greig, Global Head of Investor Research and Policy, Vanguard
Research and policy expert Fiona Greig discusses moving from consumer spending and saving patterns to the world of long-term retirement...
Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation
A 2020 case over the performance of proprietary CITs ends with a settlement.
SEC Charges Pinnacle Advisors With Liquidity Rule Violations
The SEC complaint says Pinnacle knowingly mispresented the liquidity of some assets to satisfy liquidity requirements.
Advisory M&A
Hub International acquires Red Rock Financial; Hightower makes Strategic Investment in Ten Capital Wealth Advisors; Wealth Enhancement Group adds Heacock...
October Three Consulting Acquires Retirement Learning Center
October Three expects its plan approach and thought leadership to combine well with RLC’s educational resources and guidance for advisers.
SEC Swing-Pricing Rule Would Make Participants Second-Class Investors
The president and COO of Nationwide Financial argues the rule would be bad for retirement plan and annuity product investors.
Accelerate Retirement Spins Off From Aggregator NFP
As an independent advisory, the firm expects to be more ‘nimble’ in meeting both adviser and client needs.
Desantis Bans ESG Consideration in Florida’s Investment Decisions
The governor sees Florida as a trendsetter in how states can prohibit and ban ESG in state funds.
Women in Retirement Industry Face Dual Pressure
Respondents to WIPN study reported employer support and flexible schedules available for caregivers, but three in 10 women said caregiving...
SEC Safeguarding Rule Would Expand Investment Oversight to Crypto, Artwork
A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect...
Retirement Industry People Moves
Thornburg Investment Management CEO to leave later this year; Franklin Templeton expands alts team; Lockton announces new global leadership structure;...
John Hancock, Voya Name New Investment Division Leads
Kristie Feinberg will take over as head of Manulife Investment Management in U.S., Europe, and John Hancock Investment Management; Barbara...
Investment Product and Service Launches
Allianz Life enhances variable annuities; Brighthouse Financial improves Shield Level Annuities Product Suite; and more.
Fed Raises Rates Again, But How Can Investors Hedge Against Inflation?
Wharton School Professor Emeritus Jeremy Siegel spoke out against Fed rate hikes and laid out potential investor responses.
Small Business Owners More Likely to Phone a Friend, Not an Adviser
When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
Franklin Buys Managed Accounts Firm to Expand Adviser SMA Offerings
The investment manager’s purchase of volScout will add to its managed investment strategies for advisers working with institutional clients and...
Hub Snags PE Firm Minority Stake, Announces More to Come
LGP has taken a minority stake in the insurance, retirement and wealth management aggregator to build on what the firm...