Data & Research May 17th, 2023 Broadridge Finds Increased ‘Democratization’ in Discretionary Investing The financial firm mined millions of retail investors to learn about investing trends from the last five years.
Compliance May 17th, 2023 NAGDCA: Roth Catch-Ups Will Be Major Issue for Government Plans This is the second time in three months the advocacy group has warned federal regulators and appealed for assistance.
Compliance May 16th, 2023 SEC Head Gensler Says Reg BI Not ‘Check the Box’ Exercise The SEC chairman made remarks about Reg BI, Reg BE and about AI’s role in the markets at FINRA’s annual...
Compliance May 16th, 2023 ASA: DOL Drops Appeal to 401(k) Rollover Advice Ruling According to the trade association, the regulator will not appeal a ruling that keeps 401(k) rollover advice outside of fiduciary...
In Practice May 16th, 2023 Advisers Managing Heightened Retirement Plan Committee Turnover With job turnover rates remaining high, advisers discuss how to manage retirement plan committee churn.
Compliance May 15th, 2023 DOL to Extend UBS, Credit Suisse 401(k) Asset Management Exemption The DOL proposes extending for one year beyond their merger the exemptions being used by UBS and Credit Suisse to...
Deals & People May 15th, 2023 Advisory M&A CAPTRUST Financial Advisors acquires Aevitas Wealth Management; Heffernan Financial Services expands with Ascendant Financial Solutions; Commonwealth Financial Network adds Pinnacle...
The Markets May 12th, 2023 Financial Advisers Rank American Funds, Vanguard as Top Asset Managers Advisers are most swayed by trust, performance and ease of business when evaluating a manager, according to ISS Market Intelligence.
Deals & People May 12th, 2023 Retirement Industry People Moves TIAA snags Kivett from Prudential for new 401(k) role; Voya expands workplace solutions team with Ritter, Bandani; new RIA Modern...
Compliance May 12th, 2023 FINRA Expels Brokerage SW Financial for Misrepresenting Fees The brokerage and investment bank was expelled for misrepresenting its fee structure, churning accounts and failing to properly supervise and...
Compliance May 12th, 2023 House Republicans Propose Exempting Social Security Benefits From Income Tax Social Security reform bills keep coming this Congress, and this one would remove Social Security payments from the calculation of...
Compliance May 12th, 2023 Asst. Labor Secretary Gomez Says DOL Studying SECURE 2.0 Implementations The EBSA head also discussed the need to educate market participants on the DOL's ESG rule and changes to COVID-19...
Perspectives May 11th, 2023 What Are Your Top Focus Areas in 2023? Advisers share their priorities for the rest of the year.
Data & Research May 11th, 2023 Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
Products May 11th, 2023 Investment Product and Service Launches Envestnet launches ActivePassive ETFs; Orion Advisor Technology reveals industry’s first ChatGPT integration; AI chatbot Mo debuts on Morningstar platforms; and...
Compliance May 11th, 2023 House Republicans Eye SEC Regulatory, Enforcement Budget A letter from the House Financial Services Committee calls for a freeze on the SEC’s enforcement budget and the defunding...
Deals & People May 11th, 2023 Vestwell Partners with JP Morgan on Small Business 401(k) Plans The digital recordkeeping platform will be available to JP Morgan's 401(k) product for small businesses, following the partnership.
Data & Research May 11th, 2023 Many Small Businesses Cannot Afford Worker Retirement Plans Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.
Deals & People May 11th, 2023 Announcing 2023’s Plan Adviser of the Year Award Winners Adviser firms in six categories were honored at a dinner in New York Wednesday night.
In Practice May 10th, 2023 In-Person Client Meetings Return as Pandemic Dims, Volatility Remains A recent survey shows that advisers are doing more in-person meetings amid overall increased client touchpoints.