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Weekday news and analysis for retirement plan advisers
Tuesday, May 09, 2023
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Deals & People
October Three Consulting Acquires Retirement Learning Center
PA-050823-October Three Acquisition-1267296156-web
October Three expects its plan approach and thought leadership to combine well with RLC’s educational resources and guidance for advisers.
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Deals & People
Practice Management
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Data & Research
Investing
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Advisory M&A
Hub International acquires Red Rock Financial; Hightower makes Strategic Investment in Ten Capital Wealth Advisors; Wealth Enhancement Group adds Heacock & Jones; and more.
Today’s Most Read
1. Legislation Introduced That Would Reverse Retirement Security Rule
2. Do Managed Accounts Need a Rebrand?
3. BlackRock’s Retirement Lead Ackerley Moving to Senior Adviser Role
SEC Swing-Pricing Rule Would Make Participants Second-Class Investors
The president and COO of Nationwide Financial argues the rule would be bad for retirement plan and annuity product investors. 
Accelerate Retirement Spins Off From Aggregator NFP
As an independent advisory, the firm expects to be more ‘nimble’ in meeting both adviser and client needs.
Get to Know the Retirement Plan Adviser of the Year Finalists: Closing the Coverage Gap
Hear directly from our finalists for the Retirement Plan Adviser of the Year in the category of closing the coverage gap as they answer questions about their practice and approach. The finalists will be recognized, and winners of each of the six categories announced, at the PLANADVISER Industry Leader Awards Dinner on May 10 in New York City.
Market Mirror Market Mirror Graph

Monday, the Dow fell 55.69 points (0.17%) to close at 33.618.69, the Nasdaq rose 21.50 points (0.18%) to close at 12,256.92 and the S&P 500 rose 1.87 points (0.05%) to close at 4,138.12. The Russell 2000 dropped 5.41 points (0.31%) to close at 1,754.47, and the Wilshire 5000 rose 32.26 points (0.08%) to close at 40,800.29.

The price of the 10-year Treasury note fell 28/32, bringing the yield to 3.513%. The price of the 30-year Treasury bond fell 1 2/32, bringing the yield to 3.824%.

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