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Weekday news and analysis for retirement plan advisers
Tuesday, February 07, 2023
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Deals & People
OneDigital Acquires $500M Florida Retirement and Wealth Management Shop
PA-020623-OneDigital-Acquisition-1392226798-web
The Florida Pension Group is OneDigital’s seventh such partnership in 12 months as it expands its retirement-linked wealth management capabilities.
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Advisory M&A
Cetera Financial Group broke adviser recruiting record in 2022; Advisor Group added 1,800 advisers representing $84.2B in client assets in 2022; Wealth Enhancement Group expands in East Coast with acquisition representing $371M in client assets; and more.
Today’s Most Read
1. Who Is Most at Risk for Retirement Savings Shortfall?
2. 401(k) Traders Shifting to Fixed Income
3. Supreme Court to Review ERISA Prohibited Transactions
Financial Sector Faces Growing Return-to-Work Gender Gap
New research among financial service and insurance companies reveals women’s careers are more at risk as workplace flexibility begins to tighten.
The Value of a VCOC
Investing ERISA plan money via a venture capital operating company.
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

Monday, the Dow lost 34.99 points (0.10%) to close at 33,891.02, the Nasdaq lost 119.51 points (1.00%) to close at 11,887.45 and the S&P 500 fell 25.40 (0.61%) to close at 4,111.08. The Russell 2000 lost 27.82 points (1.40%) to close at 1,957.72 and the Wilshire 5000 lost 297.50 points (0.72%) to close at 41,087.86.

The price of the 10-year Treasury note increased 4/32, bringing the yield to 3.645%. The price of the 30-year Treasury bond increased 1/32, bringing the yield to 3.677%.  

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