Securian Retirement Adds Web-based Tools for Advisers
Securian Retirement has introduced a “Compensation Calculator” for advisers, and a “Fiduciary Focus” guide for advisers to share with plan sponsor clients.
News
ESOP Association Warns against Making Valuators Fiduciaries
In comments to the Department of Labor’s Employee Benefits Security Administration (EBSA), the ESOP Association said mandating valuators of private company stock to be fiduciaries will increase the cost...
Ariel Investments Introduces Discovery Fund
Ariel Investments, LLC, launched the Ariel Discovery Fund, a small-cap, deep-value, publicly traded mutual fund.
Commonfund Names New CIO
Commonfund appointed Rick Nelson as Chief Investment Officer of Commonfund Group and CEO of Commonfund Asset Management Company, effective February 1, 2011.
7th Circuit Stock-Drop Rulings Seen as Helping Employers
A federal appellate court recently issued two rulings in stock-drop cases that may play a critical role for future employer-defendants.
Mid Atlantic Trust Selects Managers for ModelxChange
Mid Atlantic Trust Company (MATC) announced nine Model Managers that have been selected for the launch of ModelxChange.
BCG Securities Appoints National Sales Director
Jake Reardon is the new National Sales Director at BCG Securities, a full-service broker/dealer (B/D) and wealth management firm.
PLANADVISER Unveils Inaugural “Legends” List
The list recognizes five individuals in honor of PLANADVISER’s fifth anniversary.
Schwab Offers Guidance to AARP Members
Charles Schwab and AARP announced a partnership in which Schwab will provide select financial guidance services to AARP members.
Principal Offers Fee Disclosure Guidance for Plan Sponsors
A white paper from the Principal Financial Group will help plan sponsors understand and comply with new fee disclosure rules.
Survey Finds Changed Investing Behavior After Recession
Sixty-two percent of investors changed their approach to investing in the aftermath of the 2008-2009 economic recession, according to a TD Ameritrade survey.
Data Company Combines Analytics and Trade Order Capabilities
Interactive Data Corporation, a provider of financial market data, analytics, and related solutions, has developed BondEdge TradeLink.
Allianz Life Restructures Broker/Dealer Sales Team
Allianz Life Insurance Company of North America announced organizational changes to its broker/dealer (B/D) distribution team.
Bamonte Named Union Bank Institutional Manager
Marianne Bamonte, a veteran of the custody, investment, and trust services industry, has been named manager of the Institutional Services division at Union Bank.
Affluent Investors Don’t Recognize Impact of Conservatism
The Merrill Lynch “Affluent Insights Quarterly” survey shows that although 66% of affluent investors know conservative investing will help them avoid losing money in turbulent times, only 25%...