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Weekday news and analysis for retirement plan advisers
Friday, March 31, 2023
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Deals & People
Merrill Wealth Management Head Sieg Departs for Citi
PA-033123-Sieg Out at Merrill-1299289432-web
The wealth leader returns to his former employer to focus on driving more “fee-based revenue.”
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Compliance
T. Rowe Price to Acquire Retirement Income Fintech Retiree, Inc.
Rowe Price plans to incorporate the retirement income planning software into its retirement offerings for advisers, plan sponsors, and participants.
Today’s Most Read
1. House Committee Advances Bill to Vacate Retirement Security Rule
2. J.D. Power Names Top 5 Firms With Highest Financial Adviser Satisfaction Ratings
3. Gen X, With Retirement “Around the Corner,” Not Confident in Income Replacement
Adviser Product Partnerships
Lion Street delivers 401(k) management platform with Pontera; Annexus Retirement Solutions partners with iJoin; Capitalize powers rollovers for Robinhood Retirement account holders; and more.
Investment Service & Product Launches
American Century launches actively managed ETF; Nomura starts fund with exposure to private credit; Singapore-based Eastspring launches first CIT for US; and more.
Our 2023 PLANADVISER Top Retirement Plan Advisers
See our recently announced 2023 Top Retirement Plan Advisers! This prestigious designation recognizes the top retirement plan advisers in the industry based on quantitative measures. 
Market Mirror Market Mirror Graph

Thursday, the Dow gained 141.43 points (0.43%) to close at 32,859.03, the Nasdaq gained 87.24 points (0.73%) to close at 12,013.47 and the S&P 500 gained 23.02 points (0.57%) to close at 4,050.83. The Russell 2000 fell 3.22 points (0.18%) to close at 1,768.38 and the Wilshire 5000 rose 206.39 points (0.52%) to close at 40,086.95. 

The price of the 10-year Treasury note increased 2/32, bringing the yield to 3.5513%. The price of the 30-year Treasury bond increased 5/32, bringing the yield to 3.737%. 

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