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Weekday news and analysis for retirement plan advisers
Wednesday, February 22, 2023
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Panel: The ‘Golden Age’ of Advisory M&A Has Many Years Ahead
PA - 022123 - Golden Age of M&A
Retirement experts participating in a PLANADVISER webinar say client demand for customization and advice will keep driving M&A among financial advisories.
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Early Years Are Formative for Female Advisers’ Success, Survey Shows
Female advisers reported needing up to 10 years of experience to feel confident in their profession.
Today’s Most Read
1. Vestwell Adds TIAA Lifetime Income Offering
2. Salesforce Settles 401(k) Suits for $1.35M
3. Alera Group Acquires $24B Advanced Capital Group
Advisory M&A
Sequoia acquires Zeke Capital Advisors; iTrustCapital integrates with Fortress Trust; Hightower invests in Bickling Financial Services; and more.
Investment Service and Product Launches
California ABLE program selects Vestwell for disability savings; Embark launches automated investing platform; and more.
Join Today's Webinar: SECURE 2.0 Has Passed. Now What?
Join PLANSPONSOR, PLANADVISER and industry experts for a webinar on February 22 as we discuss the impact many provisions in the SECURE 2.0 legislation will have on plan sponsors and participants; a timeline for the issuance of new rules and regulation effective dates; and what actions plan sponsors must take now to comply with the law.  
Market Mirror Market Mirror Graph

Tuesday, the Dow decreased 697.10 (2.06%) to close at 33,129.59, the Nasdaq decreased 294.97 points (2.50%) to close at 11,492.30 and the S&P 500 lost 81.75 points (2.00%) to close at 3,997.34. The Russell 2000 lost 58.14 points (2.99%) to close at 1,888.21 and the Wilshire 5000 was down 870.09 points (2.13%) to close at 39,949.47.

The price of the 10-year Treasury note increased 4/32, bringing the yield to 3.956%. The price of the 30-year Treasury bond was unchanged, bringing the yield to 3.975%.

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