Planadviser Logo
Weekday news and analysis for retirement plan advisers
Monday, May 22, 2023
Exclusives | Awards | Research | Events
Data & Research
Schwab Sees Record Attendance in Participant 401(k) Sessions
PA-051723-Advice-Goes-Virtual-1231898401-web
Participants are favoring virtual sessions, and 18% boost their 401(k) contribution rate after 1:1 engagements.
News Feed Quick Links
Deals & People
Practice Management
Products
Client Service
Data & Research
Investing
Compliance
Morgan Stanley CEO James Gorman To Step Down Within 12 Months
The CEO oversaw Morgan Stanley’s push into the wealth management space.
Today’s Most Read
1. IRS Raises 401(k) Contribution Limit to $24,500; IRA Limit to $7,500
2. Anticipating the Next Wave of ERISA Lawsuits
3. Shutdown’s End Sets Stage for Retirement Plan Contribution Limits
Retirement Industry People Moves
Institutional Retirement Income Council announces new appointments to board of directors; ERISA experts Treichel, Cooper, start Endeavor Law; The Standard selects divisional vice president; and more.
SEC’s Gensler Confirms AI is Regulatory Priority
Chairman Gary Gensler  said at a conference that he has directed the SEC to explore the regulatory implications of AI in financial advising, and also reiterated the importance of advisers vetting third-party services.
SEC’s New Stock Buyback Rules Come Under Legal Challenge
The Chamber of Commerce has sued the SEC in the 5th Circuit and seeks a review of a new SEC final rule which requires disclosures related to stock buybacks.
Market Mirror Market Mirror Graph

Friday, the Dow fell 109.28 points (0.33%) to close at 33,426.63, the Nasdaq fell 30.94 points (0.24%) to close at 12,657.90 and the S&P 500 fell 6.07 points (0.14%) to close at 4,191.98. The Russell 2000 fell 11.14 points (0.62%) to close at 1,773.72 and the Wilshire 5000 lost 93.87 points (0.23%) to close at 41,325.08.

The price of the 10-year Treasury note fell 3/32, bringing the yield to 3.688%. The price of the 30-year Treasury bond fell 26/32, bringing the yield to 3.933%.

For the week ending May 19, the Dow gained 0.38%, the Nasdaq rose 3.04% and the S&P 500 gained 1.65%. The Russell 2000 rose 1.89%, and the Wilshire 5000 finished 1.69% higher.

rss icon linkedin-in icon
Unsubscribe | Manage Subscriptions | Contact Us
Copyright ©2025 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal
702 King Farm Boulevard, Suite 300, Rockville, MD 20850