News
Sentinel Strengthens Sales Management and Hires Wholesaler
Sentinel Investments expanded the roles of two sales team members and hired a wholesaler.
Majority of Plan Sponsors Ready for Participant Fee Disclosure
The Department of Labor’s (DOL) participant fee disclosure requirements go into effect August 30, and the majority of plan sponsors surveyed are ready.
Charges Written 'in the Stars' for Astrological Ponzi Schemer
Florida broker saw lunar effects on the stock market, but managed to miss the Securities and Exchange Commission (SEC) fraud charges coming his way.
The Newport Group Adds Senior Client Relationship Manager
The Newport Group hired Eric Kleindienst as a senior client relationship manager.
Vanguard CIO Retiring
Vanguard’s managing director and chief investment officer is retiring.
Schwab Rolls Out 28 Workflows for Independent Advisers
Charles Schwab made available 28 universal workflows in the Schwab OpenView Workflow Library through Schwab Intelligent Technologies.
Jefferson National Teams With CAPTRUST to Launch Investment Strategies
Five dynamic allocation models powered by CAPTRUST research were introduced by Jefferson National.
SEC Charges Massachusetts Adviser With Fraud
Gary J. Martel, of Chelsea, Massachusetts, was charged by the Securities and Exchange Commission (SEC) with defrauding investors of $1.6 million. His assets were also frozen.
High-Net-Worth Investors Share Thoughts on Generating Income
They like dividend-producing stocks and are tempering expectations for fixed income, a survey found.
ING Names President of Individual Retirement Markets
ING U.S. hired Rich Linton as president of Individual Markets.
Advisers Can Benefit from Saying ‘No’ Sometimes
Being overly accommodating to clients seems like a logical way for plan advisers to run a business—but sometimes it can actually endanger it.
BlackRock Co-Founder to Retire as Vice Chair
Susan L. Wagner, a co-founding partner of BlackRock Inc., will retire at the end of June.
Morningstar Rolls Out Alternative Mutual Fund Ratings
Morningstar Inc. released Morningstar Analyst Ratings and Global Fund Reports for approximately 40 alternative U.S. mutual funds, representing about 75% of the alternative fund universe by assets.
Online Tools Help Investors Assess Advisers
Investor Watchdog offers an array of free, online tools to help investors choose and monitor advisers, and replace those...
Acadian Expands Team for Long/Short Equity Strategies
Alexandre Voitenok joined Acadian Asset Management LLC as senior vice president and portfolio manager.
Key Deadline Approaching Under 409A
The deadline is approaching to amend affected deferred compensation arrangements to comply with Code Section 409A requirements for payments contingent on execution of a release of claims.
Plan Value Not About Fees Only
Benchmarking services are emerging that can compare the suite of retirement plan services against costs to plans of similar size and complexity.
Five Attorneys Join Groom Law Group
Groom Law Group, Chartered, which focuses exclusively on employee benefits, hired five attorneys.
Workers Use Social Media but Uneasy About Potential Consequences
About one-third of us think it’s OK to use social media at work. The rest of us? Not so much, a survey...