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Monday, December 13, 2021
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2021 Practice Progress Webinar Series Concludes Dec. 14 With DE&I in Focus
Industry leaders say there is simply no question that the events of the past two years have caused a fundamental rethinking within the industry regarding the importance of improving diversity and inclusion. The last Practice Progress webinar for 2021 will explore this critical topic.
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2021 RIA M&A Action Continues at Record Pace
Fidelity research shows nearly every month in 2021 has seen several highly recognizable adviser industry names join the ranks of sellers, with November being no exception.
Today’s Most Read
1. Ascensus to Acquire Vanguard’s Individual 401(k) Business
2. Victory to Acquire Amundi’s $104B U.S. Division
3. Rebutting 7 Retirement Income Concerns
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Business Owners Are More Confident With Adviser Collaboration
Nonetheless, economic uncertainty and market volatility continue to be top concerns when it comes to business owners achieving their financial goals.
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ESG Investing Can Work in Theory. And in Action.
See how sustainable funds drove employee participation in company’s 401(k). >Read the case study.
Retirement Industry People Moves
Hub International announces new acquisitions; Verus adds to its management committee; Cinctive Capital expands investment team; and more.
Democratic Senators Voice Support for Same-Sex Couples’ Pension Rights
They say the same policies that robbed people of the right to marry for so long continue to harm LGBTQ couples as they seek to access and protect their hard-earned pension benefits.
Market Mirror Market Mirror Graph

Friday, the Dow increased 216.30 points (0.61%) to 35,970.99, the Nasdaq gained 113.23 points (0.73%) to finish at 15,630.60, and the S&P 500 climbed 44.57 points (0.95%) to 4,712.02. The Russell 200 was down 8.40 points (0.38%) at 2,211.81, and the Wilshire 5000 closed 325.92 points (0.68%) higher at 47,962.04.

The price of the 10-year Treasury note was up 2/32, decreasing its yield to 1.484%. The price of the 30-year Treasury bond was down 2/32, increasing its yield to 1.883%.

For the week ending December 10, the Dow gained 4.02%, the Nasdaq finished 3.61% higher, and the S&P 500 climbed 4.05%. The Russell 2000 was up 2.43%, and the Wilshire 5000 increased 3.45%.

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