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Weekday news and analysis for retirement plan advisers
Monday, February 06, 2023
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Deals & People
PE Firm LMP Invests in Retirement Services Provider Definiti
LMP’s majority stake in the retirement administrator and recordkeeper will fund strategies including “aggressive” strategic acquisition.
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Deals & People
Practice Management
Client Service
Data & Research
Retirement Industry People Moves
U.S. Bancorp Asset Management picks Jim Link to head OCIO Unit; Marshberry adds Madore as financial advisory VP; and more.
Today’s Most Read
1. 2023 Retirement Plan Adviser of the Year Finalists
2. Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business
3. With SECURE 2.0, the Cash Balance DB Plan May Be Back
Investment Firms With $11.2 Trillion AUM Sign CFA Diversity Code
Over 100 investing firms including Callan, Northern Trust Asset Management, and Nuveen pledged to boost DEI and track their progress.
Sheri Fitts
Like it or not, marketing is necessary.
Enter Now for PLANADVISER’s 2023 Top Retirement Plan Advisers List
Please enter your nomination for the 2023 PLANADVISER Top Retirement Plan Advisers of the year! The top designations are based on quantitative measures such as the most plans and assets under advisement. This year’s entry form can be viewed here. You may submit your entry hereThe deadline for entries is February 10.
Market Mirror Market Mirror Graph

Friday, the Dow decreased 127.93 points (0.38%) to close at 33,926.01, the Nasdaq decreased 193.86 points (1.59%) to close at 12,006.96 and the S&P 500 decreased 43.28 points (1.04%) to close at 4,136.48. The Russell 2000 lost 15.69 points (0.78%) to close at 1,985.53 and the Wilshire 5000 decreased 446.97 points (1.07%) to close at 41,385.36.

The price of the 10-year Treasury note increased 4/32, bringing the yield to 3.524%. The price of the 30-year Treasury bond increased 2/32, bringing the yield to 3.616%.

For the week ending February 3, the Dow lost 0.12%, the Nasdaq increased 3.31% and the S&P 500 gained 1.62%. The Russell 2000 gained 3.88% and the Wilshire 5000 finished 1.84% higher.

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