Sponsored message from Wells Fargo Asset Management |
COVID-19 changed everything. Including how we look at Social Security. |
According to our annual retirement survey, retirees are counting on Social Security even more during the pandemic. But many workers fear it will run out before their time. Let’s reclaim their retirement.
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A Financial Services Diversity Action Plan |
Both responding to and reflecting the times, leaders at major financial services organizations are growing increasingly vocal about the importance of cognitive and cultural diversity on a team’s long-term performance.
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Giving Back: Lessons in Mentorship from Soraya Morris |
Soraya Morris is a lead trainer at Envestnet | MoneyGuide. She formerly worked for a fee-only registered investment adviser and says mentorship is a huge part of her past and future in this industry.
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Sponsored message from American Century Investments |
An ERISA Attorney’s Views on Target-Date Fund Selection |
Brad Campbell opines on how ERISA protects fiduciaries—if they document their decisions the right way.
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ForceManager, ERISApedia.com Launch Tool That Combines Plan Data With CRM |
It integrates Form 5500 data with a customer relationship management system.
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Market Mirror |
Wednesday, the Dow dropped 943.24 points (3.43%) to 26,519.95, the NASDAQ fell 426.48 points (3.73%) to 11,004.87, and the S&P 500 lost 119.65 points (3.53%) to finish at 3,271.03. The Russell 2000 closed 47.43 points (2.98%) lower at 1,543.28, and the Wilshire 5000 plunged 1,195.85 points (3.41%) to 33,837.21.
The price of the 10-year Treasury note was down 1/32, with its yield up to 0.780%. The price of the 30-year Treasury bond was down 2/32, increasing its yield to 1.562%.
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