Search results for: SCO
Big Market Swings Always Raise Big Questions
April was a hard month for the markets, and the beginning of May has been even more brutal, but investment experts still see room for tempered optimism about...
November SEC Advertising Rule Compliance Date Fast Approaching
Experts with the Wagner Law Group say complying with the marketing rule can be a significant process, and firms need to make sure they are on track for...
Senate Legislation Calls for Expanded Lump-Sum Payment Disclosures
The bill’s cosponsors say workers need better information about how the choice of a lump-sum buyout of their lifetime pension could undermine their financial future.
ERISA Suit Against UPS Refiled in District Court
Plaintiffs have refiled an ERISA lawsuit against UPS, more than a year and a half after their original complaint was dismissed for their failure to exhaust all administrative...
Fidelity’s Bitcoin 401(k) Offering Prompted a Plan Sponsor to Examine Plan Exposures
The plan sponsor immediately checked with its plan adviser to know if there was any potential cryptocurrency exposure.
Investment Product and Service Launches
AssetMark announces values-driven investment program and inaugural ESG report; Dimensional lists three new emerging markets equity ETFs; Allspring Global Investments selects SEI Trust Company to serve as successor...
2022 RPAY – Sean Bjork, Bjork Asset Management, Inc.
Business at a Glance as of 12/31/21:– Plan assets under advisement: $412 million – Median plan size (in assets): $5.4 million– Plans under administration: 34– Total participants served:...
2022 RPAY – Shannon Maloney, Strategic Retirement Partners
Business at a Glance as of 12/31/21Assets under administration: $681 millionMedian plan size (in assets): $14 millionPlans under administration: 47Total participants served: 6,000PLANADVISER: Tell us about your practice...
2022 RPAY – Robert Massa, Qualified Plan Advisors
Business at a Glance as of 12/31/21Plan assets under advisement: Approximately $2.25 billion and our team advises on about $6.75 billionMedian plan size (in assets): $17 millionPlans under...
2022 RPAY – Scott Ciullo, KerberRose
Business at a Glance as of 12/31/21Plan assets under advisement: $168 millionMedian plan size (in assets): $2.8 millionPlans under administration: 60Total participants served: 3,347PLANADVISER: How is your team/process/structure...
2022 RPAY – Barbara Delaney, SSRBA, a division of HUB International
Business at a Glance as of 12/31/21Plan assets under advisement: $4.2 billionMedian plan size (in assets): $6.8 millionPlans under administration: 79Total participants served: 50,451PLANADVISER: Tell us about your...
2022 RPAY – Steven Scott, Retirement Solution Group
Business at a Glance as of 12/31/21Median plan size (in assets): $6.4 millionPlans under administration: 550Total participants served: 12,073PLANADVISER: Tell us about your practice and how you got...
2022 RPAY – Dan Becraft, Morgan Stanley
Business at a Glance as of 12/31/21Plan assets under advisement: $450 millionMedian plan size (in assets): $35,000 to $40,000Plans under administration: 20Total participants served: 3,000PLANADVISER: Tell us about...
Investment Product and Service Launches
WisdomTree launches portfolio and growth solutions; Truelytics and BlackRock partner to bring data and analytics to advisers.
9th Circuit Finds Allegations in Trader Joe’s Excessive Fee Case Are Plausible
The court sent the case back to a District Court for further review.
District Court Dismisses ERISA Lawsuit Against USI
The complaint alleged breach of fiduciary duty obligations under the Employee Retirement Income Security Act.
Q1 M&A Deals Undaunted by Volatile Markets
New Fidelity data shows the record-setting pace of mergers and acquisitions measured during 2021 continued through the first quarter of 2022, with some key caveats.
Trends
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.
Compliance News
Legislative and Judicial Actions
The DOL seeks comments about protecting plan assets from climate-related risk; a proposed SEC rule would intensify registered investment adviser firms’ cybersecurity efforts; the DOL advises caution for...
Growing Your Practice | RFPs
The Evolving Use of RFPs
The volume has increased, as has what advisers must do to make the finals.