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Monday, August 01, 2022
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A Q&A With an Adviser to Advisers
AssetMark’s Matt Matrisian says leading firms in the retirement plan adviser industry are increasingly focused on business management issues, with many shop leaders having to step back from their preferred activity: spending time with clients.
Today’s Most Read
1. Empower Reports Year-Over-Year Growth in Workplace, Wealth
2. The Expansive Reach of the DOL’s Proposed Fiduciary Rule
3. Retirement Industry People Moves – 2/16/24
The ‘Why’ Behind CAPTRUST’s First 2022 Acquisition
Rush Benton says the firm’s acquisition pipeline remains full of both large targets that would add significant scale and smaller firms that can be ‘tucked into’ CAPTRUST’s existing regional offices.
A Collective Effort
Central office investment leaders talk through their process.
Retirement Industry People Moves
Mercer appoints U.S. not-for-profit CIO; CAPTRUST expands Midwest presence with new acquisition; Schroders appoints sustainability investment director.
Market Mirror Market Mirror Graph

Friday, the Dow increased 315.50 points (0.97%) to close at 32,845.13, the Nasdaq gained 228.10 points (1.88%) to close at 12,390.69 and the S&P 500 jumped 57.86 points (1.42%) to 4,130.29. The Russell 2000 expanded 12.20 points (0.65%) to 1,885.23 and the Wilshire 5000 increased 499.27 points (1.25%) to 40,557.78.

For the week ending July 29, the Dow increased 2.97%, the Nasdaq spiked 4.70% and the S&P 500 gained 4.26%. The Russell 2000 jumped 4.34% and the Wilshire 5000 finished 2.75% higher.

The price of the 10-year Treasury note increased 2/32, bringing its yield down to 2.656%. The price of the 30-year Treasury bond increased 23/32, brining its yield down to 3.024%.

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