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Court Approves $7.8M Settlement with AA Capital Partners
June 22, 2010 (PLANSPONSOR.com) - The U.S. District Court for the Northern District of Illinois has approved a global settlement agreement providing for recovery of an additional $7.8...
Report: Behavioral-Driven Factors Can Help Advisers Stand Out
In spite of stock market rebounds and emerging signs of recovery in various economic indicators, wealthy investors have apparently decided to exercise caution.
Specialized Advice a Top Priority for Wealthy Investors
June 22, 2010 – In spite of stock market rebounds and emerging signs of recovery in various economic indicators, wealthy investors have not rushed to chase performance or...
White Horse Advisors Now an RIA
White Horse Advisors, LLC is now an SEC-registered investment advisor (RIA).
AllianceBernstein Launches Multimanager Target-Date Solution
AllianceBernstein has launched its Multimanager Retirement Strategies (MRS) target-date solution.
Clarity Expands its Actuarial Practice
Clarity in Numbers, LLC (Clarity) today announced its addition of a new practice leader to consult with closely held businesses.
PowerAdvisor Takes on New Power Source
Account aggregator ByAllAccounts, Inc. and Cornerstone Revolutions, a provider of software and services for independent investment professionals, have announced a product enhancement.
IRS Provides Relief to Storm-Affected Employers
The Internal Revenue Service is providing administrative relief for sponsors of defined contribution plans that were affected by the storms and other severe weather in several states.
Huntington Asset Advisors to Launch ETFs
Huntington Asset Advisors Inc., an investment advisory arm of Huntington Bank, has filed with the Securities and Exchange Commission (SEC) to establish and offer two actively managed Exchange-Traded...
OneFiduciary Group Partners with Shepherd Kaplan
As of June 1, 2010, OneFiduciary Group has joined forces with Shepherd Kaplan, LLC, an independent fiduciary.
Nationwide Increases Annuity Payouts
Nationwide Financial Services, Inc is now providing enhancements to its variable annuity lineup.
Alabama-Based RK Opening Florida Branch
Employee Fiduciary Corporation, a 401(k) recordkeeper and third-party administrator, is opening a branch office in St. Petersburg, Florida, this month.
DWS Investments International Value Fund Changes Adviser, Strategy, Branding
The DWS International Value Opportunities Fund will be rebranded, and the fund’s directors and shareholders have approved a new fund sub-adviser.
IMHO: QDIA Essentials
PLANSPONSOR’s National Conference last week featured a series of panels titled “Five Things You Need to Know About…” focused on a series of topics. ...
Principal R/E Fund Makes Another Distribution
Just 30 days after its last distribution to holders of its frozen real estate fund, the Principal has made another payment.
Schwab Offers Help with Cost Basis Reporting Changes
As part of a rollout of tools and resources to help advisers transition to new cost basis reporting requirements, Charles Schwab announced a new report to help advisers...
BNY Mellon Makes Canadian Wealth Management Buy
BNY Mellon has made its first wealth management acquisition in Canada.
Adviser Who Misused Pension Funds Sentenced to Nine Years
John Orecchio, a former investment adviser accused of misusing funds from six union pension plans, was sentenced to nine years and four months in prison and ordered to...
SevenHills Benefit Partners Joins United Benefit Advisors
SevenHills Benefit Partners has joined United Benefit Advisors (UBA), an alliance of more than 140 independent benefit advisory firms located in over 165 offices throughout...
Bullish Sentiments Hard to Find in BofA Merrill Lynch Fund Manager Survey
Investors’ belief in global economic growth and the ability of corporations to improve profits has significantly eroded, according to a recent survey of fund managers.