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HUB International Running Full Steam Ahead on RIA Acquisitions |
The aggregator expects it will announce several more acquisitions of leading retirement plan advisory firms this year and have a busy 2021.
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Optimism About Practice Growth as Pandemic Drags On |
There is still a robust amount of activity when it comes to advisers winning existing plans, but there has been a drop-off of new plan sales, sources say.
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Familiar Fiduciary Concerns Voiced as PEP Market Takes Shape |
As with any type of innovation, it should be expected that the architecture, structure and governance of PEPs will likely change over time.
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Market Mirror |
Wednesday, the Dow fell 44.77 points (0.15%) to finish at 30,154.54, the NASDAQ closed 63.13 points (0.50%) higher at 12,658.19, and the S&P 500 was up 6.55 points (0.18%) at 3,701.17. The Russell 2000 increased 41.02 points (2.15%) to 1,952.72, and the Wilshire 5000 climbed 46.12 points (0.12%) to 38,913.04.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.921%. The price of the 30-year Treasury bond decreased 1/32, bringing its yield up to 1.660%.
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