Products November 14th, 2012 Clark Capital Adds Three Portfolios Clark Capital Management Group added three of its retail strategies to their roster of Navigator 401(k) Solutions.
The Markets November 14th, 2012 Caution Threatens Retirement Savings Four years after the 2008 global financial crisis, a lack of faith in equity investing appears to be lingering.
Compliance November 14th, 2012 Settlement Resolves DOL’s Madoff Suit A $220 million settlement agreement resolves a lawsuit brought by the Department of Labor against four investment management firms.
Products November 14th, 2012 Schwab Launches Vendor Review Site Schwab Intelligent Technologies will launch a review site featuring ratings and adviser feedback on providers.
Compliance November 14th, 2012 N.Y. AG Wins Settlement of Madoff Claims Attorney General Eric T. Schneiderman announced a settlement of more than $210 million with Ivy Asset Management.
Data & Research November 14th, 2012 Retirement Benefits Remained Strong in Recession Retirement benefits remained mostly intact during the Great Recession.
Data & Research November 14th, 2012 Social Security Not Counted Out Yet Baby Boomers have not totally counted out Social Security as a source of retirement income.
In Practice November 14th, 2012 What Drives Adviser Productivity? The economics of financial advisory distribution face numerous challenges, but pockets of opportunity remain, a survey found.
Deals & People November 14th, 2012 LPL Financial Adds Level Four Group Level Four Group, an independent adviser group, has affiliated with the LPL Financial broker/dealer and hybrid registered investment advisory (RIA) platforms.
Products November 14th, 2012 Focus Financial Unveils Planning Resource Focus Financial Partners LLC launches industry-wide succession planning solution.
Products November 13th, 2012 Invesco App Benchmarks DC Plans Invesco Distributors Inc. rolled out an iPad app designed specifically for advisers who work closely with defined contribution (DC) retirement plans.
Deals & People November 12th, 2012 DOL’s Davis Joins Prudential Michael L. Davis has joined Prudential Retirement as senior vice president and head of its stable value business.
Products November 12th, 2012 Pioneer Launches Educational Program An adviser-focused program for volatility management, income generation and perspectives on the market (VIP) was unveiled by Pioneer Investments.
Deals & People November 12th, 2012 NAPFA Chief Executive to Step Down Ellen Turf, chief executive of the National Association of Personal Financial Advisors (NAPFA), said she will leave the organization in August 2013.
Products November 12th, 2012 Schwab Offers ETF Education Exchange Investors wanting to know more about exchange-traded funds (ETFs) can visit the ETF Education Exchange.
Deals & People November 12th, 2012 Mercer Hires De-Risking Consultant Milla Krasnopolsky has joined Mercer’s Financial Strategy Group as a senior consultant and lead strategist for dynamic de-risking solutions.
The Markets November 12th, 2012 Reinvestment Rate Risk Widespread One of the greatest risks for long-term investors in the current market is reinvestment rate risk.
Data & Research November 12th, 2012 One-Third Unsure of Ability to Retire Nearly one-third of adults do not know if they will be able to retire or do not believe they will be able to retire.
Products November 12th, 2012 Planning Software Gets an Update Wealth Trace released a new version of its online retirement planning software for financial advisers.
Data & Research November 12th, 2012 Investors Behaving Irrationally Retail and institutional investors are exhibiting behavior that appears to be at odds with their investment goals, a study found.