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December 2nd, 2020 |
 | HUB International Running Full Steam Ahead on RIA AcquisitionsThe aggregator expects it will announce several more acquisitions of leading retirement plan advisory firms this year and have a busy 2021. During a recent conversation with PLANADIVSER, HUB International’s Adam Sokolic spoke in no uncertain terms about his company’s ambitions for the rest of the year, and for 2021.
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| Sponsored message from MassMutual Investments | | Ascending Through the Fire With an Evolving Fiduciary Governance Approach | | Learn about the opportunity plan advisers have to position themselves as a chief governance officer with plan sponsors.
Read more > | | | Has the DOL Found an ESG Middle Ground? | | George Michael Gerstein, an ERISA attorney with Stradley Ronon, dissects the DOL’s final rule regarding ESG investing in retirement plans, calling it a compromise that might be here to stay.
Read more > | | | ShareBuilder 401k Announces Fee Wavier Program | |
The firm says it is waiving set-up fees on all of its 401(k) plans through December 22.
Read more > | | | Market Mirror | | Tuesday, the Dow gained 185.28 points (0.63%) to finish at 29,823.92, the NASDAQ closed 156.37 points (1.28%) higher at 12,355.11, and the S&P 500 increased 40.82 points (1.13%) to 3,662.45. The Russell 2000 was up 16.23 points (0.89%) at 1,836.05, and the Wilshire 5000 climbed 354.73 points (0.94%) to 38,194.37.
The price of the 10-year Treasury note decreased 31/32, bringing its yield up to 0.931%. The price of the 30-year Treasury bond fell 2 28/32, increasing its yield to 1.682%.
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