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Read more > | | Examining Two Industry M&As | In a deal that combines two fiduciary training and technology solution providers, Fi360 has acquired the Center for Fiduciary Management. Talking through the motivation behind the acquisition, Bill Mueller, Fi360 CEO, says that compatible corporate cultures and a shared vision for the long-term future were both top factors in getting the deal done.
Read more > | | Student Loan Debt Relief Programs May Grow in Prominence | “If workers get help with their student loans, they are more likely to contribute to their retirement plan,” observes Joe Ellis, senior vice president at CBIZ Employee Benefits in Philadelphia. “I see the role of the adviser as being critical and student loan repayment programs as a great way to get more money into the 401(k) plan.”
Read more > | | Market Mirror | Yesterday, the Dow closed 27.86 points (0.11%) higher at 25,998.92, the NASDAQ dropped 18.25 points (0.23%) to finish at 7,954.23, and the S&P 500 was up 1.03 points (0.04%) at 2,888.92. The Russell 2000 closed 2.71 points (0.16%) lower at 1,715.70, and the Wilshire 5000 increased 13.51 points (0.04%) to 30,117.06. The price of the 10-year Treasury note was up 4/32, decreasing its yield to 2.966%. The price of the 30-year Treasury bond increased 8/32, bringing its yield down to 3.107%.
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