PLANADVISER Practice Benchmarking Survey | This year, we saw a large jump in advisers offering individual advice or wealth services—to 80% from 62% last year. And participant advice/education was cited by 29% of advisers as the most significant projected growth area for their practice next year.
Read more > | | The Obligation to Save Social Security | With the recent passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, advisers and other retirement plan service providers have an opportunity to build on their successful lobbying effort.
Read more > | | Market Mirror | Wednesday, the Dow gained 1,173.45 points (4.53%) to finish at 27,090.86, the NASDAQ closed 334 points (3.85%) higher at 9,018.09, and the S&P 500 increased 126.75 points (4.22%) to 3,130.12. The Russell 2000 was up 45.11 points (3.04%) at 1,531.20, and the Wilshire 5000 climbed 1,212.77 points (3.97%) to 31,783. 77.
The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.034%. The price of the 30-year Treasury bond fell 1 29/32, bringing its yield to 1.680%.
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