Planadviser Logo
Weekday news and analysis for retirement plan advisers
Monday, December 05, 2022
Exclusives | Awards | Research | Events
Deals & People
401(k) Robo-Adviser Blooom Shuts Services, Sells Tech to Morgan Stanley
PA-120222-Blooom Shutters-1200088233-web
A 401(k) robo-adviser with more than $5 billion in assets under management stopped servicing clients in November and has sold its technology to Morgan Stanley.
News Feed Quick Links
Deals & People
Practice Management
Products
Client Service
Data & Research
Investing
Compliance
Retirement Industry People Moves
Mercer Advisors acquires Atlanta wealth management firm; Wagner Law Group appoints partner; PCS Retirement acquires ABGRM; and more.
Today’s Most Read
1. It’s Time to Rethink Retirement, Says T. Rowe Price
2. ERISA Council Signals More Work Needed for Retirement Income Products in QDIA
3. Enhancing the Retirement Plan Digital Experience
SEC Climate Disclosure Rules Find Republican Opposition in Both Houses
An SEC proposal to require certain disclosures related to climate change and carbon emissions is facing Republican opposition in the House and Senate.
The Future of Retirement Income: A Q&A With Endeavor Retirement’s Bonnie Treichel
ERISA attorney and the chief solutions officer of Endeavor Retirement Bonnie Treichel discusses the past, present, and future of retirement income.
2023 Plan Adviser of the Year Nominations Are Open
Do you work with or know of a great plan adviser or plan adviser team? Nominate them today for our 2023 Plan Adviser of the Year awards.
Market Mirror Market Mirror Graph

Friday, the Dow gained 34.87 points (0.10%) to close at 34,429.88, the Nasdaq lost 20.95 points (0.18%) to close at 11,461.50 and the S&P 500 lost 4.87 points (0.12%) to end trading at 4,071.70. The Russell 2000 increased 11.16 points (0.59%) to close at 1,892.84 and the Wilshire 5000 decreased 30.27 points (0.07%) to close at 40,503.14.   

The price of the 10-year Treasury note increased 1/32, bringing the yield down to 3.501%. The price of the 30-year Treasury bond increased 1 2/32, bringing the yield down to 3.541%. 

MARKET MIRROR Week’s-worth

For the week ending December 2, the Dow gained 0.24%, the Nasdaq increased 2.09% and the S&P 500 gained 1.13%. The Russell 2000 gained 1.27% and the Wilshire 5000 finished 1.21% higher.

rss icon linkedin-in icon
Unsubscribe | Manage Subscriptions | Contact Us
Copyright ©2024 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal
702 King Farm Boulevard, Suite 300, Rockville, MD 20850