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Goldleaf Partners Announces Expansion
Goldleaf Partners is expanding its Regional Sales and Service Center in its Twin Cities Office and is hiring John Selander as Client Relationship Manager.
Employer Match a Powerful Motivator for 401(k) Participation
Employer matching contributions are the biggest motivating factor for employees to participate in their 401(k) plan, according to a new Charles Schwab study.
Asset Managers Gear Up for DCIO Expansion
Asset managers are adding staff and increasing budgets to capture the fast-growing defined contribution investment-only (DCIO) market, as the competition for DCIO assets is getting intense, a new...
Bay Colony Partners Selects SVP of Wealth Management
Paul G. Escobar will be heading up a new division at Bay Colony Partners, a privately held independent retirement planning firm.
Transamerica Appoints Head of Business Development
Transamerica Capital Inc. has chosen Scott Ramey to be Head of Business Development.
Millionaires Have Not Abandoned Market
Ninety-two percent of millionaires have not abandoned the stock market, with 43% currently engaged in moderate to heavy buying or selling and 49% waiting for the right opportunity...
J.P. Morgan Launches Research App
J.P. Morgan unveiled a new iPad application that gives clients access to the investment bank’s research.
Asset Manager Compensation Rebounding
Compensation in the asset management industry is rebounding after two difficult years, according to a review by Greenwich Associates and Johnson Associates.
Glenmede Appoints Mucciarone Director of Wealth Services
Glenmede, a privately-held and independent investment and wealth management firm, has announced that Susan P. Mucciarone has joined as Senior Vice President and Director of Wealth Services.
IMHO: “Sure” Things
In a very real sense, this has been a “rebuilding” year for many plan sponsors and participants.
Plan Sponsors Weigh in on DC Providers
Between late June and late August 2010, approximately 35,000 survey questionnaires were sent to defined contribution (DC) plan sponsors from the PLANSPONSOR magazine database, as...
401(k) Scorecard Shows Good News and Bad
The Bank of America Merrill Lynch "401(k) Contribution Activities Scorecard" for Q3 2010 found modest improvements in participants’ saving behavior, but also record levels of loans and hardship...
What Plan Sponsors Want From Advisers
Relying on a financial adviser outside the plan was the preference for 37.5% of the roughly 6,000 plan sponsor respondents to PLANSPONSOR’s annual Defined Contribution...
ING to Shed 400 Jobs
ING Groep NV has started laying off 400 people in its U.S. insurance operation, preparing to sell the unit in an initial public offering, Dow Jones reported.
Wealth Management Firm Offers New Platform
Netherby Wealth Management Solutions of Westport, Connecticut, is bringing AdvisorWorks to the market, an integrated front-office operational platform for financial advisers.
FRC Says Alternatives a Growth Opportunity for Asset Managers
Financial Research Corporation (FRC) says registered alternative products have performed strongly over the past few years and may be of interest to asset management firms.
SI Offers Variable Annuity Living Benefit Research
Strategic Insight, an Asset International company, announced the availability of “Variable Annuity Living Benefits and Eligible Funds,” a new report highlighting the industry’s most popular and newly innovated...
Morgan to Pay Merrill Nearly $1M
Merrill Lynch had accused Morgan Stanley of poaching a team of its brokers–a team that had handled $215 million in client assets.
NFP Hires Head of Advisory & Investment Services
Kristen Whisnant has joined NFP Securities, Inc. as senior vice president, Advisory & Investment Services.