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Weekday news and analysis for retirement plan advisers
Monday, April 17, 2023
Exclusives | Awards | Research | Events
Most Young Investors Lack Understanding of Robo-Adviser Technology
Human support remains key in assisting investors using robo-advice investment management, according to experts.
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Deals & People
Practice Management
Client Service
Data & Research
Retirement Industry People Moves
Rugel appointed head of operations at MassMutual; Deepwater hires Michael Olson to build the firm’s next fund; and more.
Today’s Most Read
1. Franklin Templeton to Acquire Putnam for $925 Million
2. Congress Says It Will Fix at Least 4 Errors in SECURE 2.0
3. SS&C Adds Allianz Retirement Income Annuity to DC Plan Platform
Fears of State IRA Plans Overtaking Private Not Realized, Data Shows      
States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew Charitable Trusts shows.
Commenters Urge SEC to Implement Market Proposals Sequentially
The growing chorus of caution now includes the Department of Justice.
Beyond Comp: What Makes Advisory M&A Deals Stick
When it comes to setting up a successful long-term relationship with top advisers, firms still generally rely on sticks instead of carrots.
Market Mirror Market Mirror Graph

Friday, the Dow lost 143.22 points (0.42%) to close at 33,886.47, the Nasdaq lost 42.81 points (0.35%) to close at 12,123.47 and the S&P 500 lost 8.58 points (0.21%) to close at 4,137.64. The Russell 2000 decreased 15.53 points (0.86%) to close at 1,781.15 and the Wilshire 5000 decreased 107.62 points (0.26%) to close at 40,870.25.

The price of the 10-year Treasury note decreased 28/32, bringing the yield to 3.520%. The price of the 30-year Treasury bond decreased 31/32, bringing the yield to 3.740%.

For the week ending April 14, the Dow gained 1.20%, the Nasdaq increased 0.29% and the S&P 500 increased 0.79%. The Russell 2000 gained 1.52% and the Wilshire 5000 finished 0.86% lower.

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