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Tuesday, May 10, 2022
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Actuary Lawsuit Highlights Data Breach Risks
A financial services firm is accused of failing to properly secure and safeguard personally identifiable information provided by and belonging to its customers.
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Advisers Can Assist High-Net-Worth Investors With Reimagined Retirement
Across generations, investors with $5 million of investable assets have created a new retirement roadmap.
Today’s Most Read
1. SageView Names New CFO, Adds Chief Growth Officer
2. 4 Bipartisan Bills Would Restrict Investment in China
3. Millennials, Gen Z Triple Financial Wealth Since 2019
Best Interest Reasons for a Rollover
PTE-2020-2 allows for circumstances that outweigh an IRA’s costs.
Finding Safety From Fee Pressures
As competition continues to grow and clients expect more services for their fees, enterprising advisers focus on both protecting existing revenue sources and adding new revenue streams.
401(k) Investors Display Poise as the Market Struggles
Investors limit reactionary trades despite equity markets posting their worst month in two years.
Market Mirror Market Mirror Graph

Monday, the Dow dropped 653.67 points (1.99%) to 32,245.70 , the Nasdaq was down 521.41 points (4.29%) to close at 11,623.25, and the S&P 500 lost 132.10 points (3.20%) to 3,991.24. The Russell 2000 was down 77.48 points (4.21%) to 1,726.08, and the Wilshire 5000 dropped 1,470.92 points (3.58%) to 39,586.54.  

The price of the 10-year Treasury note increased to 30/32 lowering its yield to 3.041%. The price of the 30-year Treasury bond gained 1 30/32 decreasing its yield to 3.157%.

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