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Hightower Adds Adviser Team, Expands Services
HighTower announced that a new adviser team, the Rosenau/Paul Group, has joined the firm’s Manhattan office.
AllianceBernstein Renews 529 Plan Contract with Rhode Island
AllianceBernstein has renewed its contract to provide program management and investment management services to CollegeBoundfund, Rhode Island’s adviser-sold 529 college savings plan.
April Saw $54B in Fund Inflows
Stock and bond funds experienced net inflows of $53.7 billion in April, according to the latest data from the Financial Research Corporation (FRC).
DoubleLine Launches Core Fixed Income Fund
DoubleLine Funds Trust has launched the DoubleLine Core Fixed Income Fund.
MFC Global Investment Management Announces New Hires
MFC Global Investment Management (MFC GIM), the asset management arm of Manulife Financial Corporation, announced two new hires to its Boston-based teams.
Hancock RVPs Get New Territories
John Hancock Retirement Plan Services (RPS) announced that two regional vice presidents (RVPs) will take on new territories.
MetLife Offers Financial Planning Tips for LGBT Boomers
The MetLife Mature Market Institute is offering free planning tips for lesbian, gay, bisexual, and transgender (LGBT) Baby Boomers.
linkedFA Links Up with LiveOffice for Social Media Compliance Solution
linkedFA, a social networking service for financial professionals, has partnered with LiveOffice to enable preapproval and archiving of social media posts and RSS feeds.
Savage Tapped for New Business Development Role
Matthew A. Savage, has been appointed Senior Business Development Manager of Strategic Insight, focused on the qualified plan marketplace.
TPA Uses Brightscope Data for Plan Benchmarking
A New York-based third party administrator (TPA) is offering a new level of benchmarking to plan sponsor clients.
IMHO: Compliance 'Deportment'
Recently, the Internal Revenue Service (IRS) announced that it was sending a questionnaire out to about a thousand 401(k) plan sponsors.
House Passes Fee Disclosure and Pension Funding Relief Bill
The U.S. House of Representatives passed a bill Friday that provides for defined contribution plan fee disclosure and temporarily eases pension funding requirements.
Accounting Firm Expands Audit Practice to Include 403(b)s
CNM LLP, an independent accounting and advisory services firm, has announced the expansion of its Employee Benefit Plan Audit practice to include 403(b) plan audit services for nonprofit...
Principal Offers Variable Universal Life Policy to Help Entrepreneurs
The Principal Variable Universal Life Income II aims to help owners address both a desire to growth their business and business stability, the company said.
Invesco PowerShares Announces International Corporate Bond Portfolio
Invesco PowerShares plans to list the Powershares International Corporate Bond Portfolio on the NYSE on June 3.
FINRA, SEC Warn Investors against Oil Spill Scams
In addition to economic and environmental threats, the recent oil spill in the Gulf of Mexico poses a threat to investors, according to an investment alert from regulators.
NY Insurance Brokers File Suit to Stop Compensation Transparency Regulation
A coalition of New York brokers recently filed legal action to prevent the New York Insurance Department from implementing a regulation requiring insurance producers to disclose compensation from...
Triad Advisors Partners with Wealth Management Firm
Triad Advisors announced that it is now affiliated with Gitterman & Associates Wealth Management, LLC.
Ascensus Wins Synergy 401(k) Plan Business
The Synergy Companies, Inc., a professional employer and human capital management services organization, has selected Ascensus for its 401(k) retirement plan needs.
The Workplace—Bad for the Waistline?
Thanks to being glued to a computer screen and enjoying those office cocktail parties, many workers have packed on a few pounds since their last job.