Search results for: a
What Makes the Best Dynamic Adviser-Recordkeeper Partnerships?
Advisers tell us what they look for in recordkeepers, from a willing approach to administrative grunt work to the ‘critical’ value of high-level service.
ERISA Advisory Council Status Unclear
The ERISA Advisory Council has not yet set a date for the year’s first meeting, and the DOL has also not yet published reports the council presented to...
Prime Capital Financial Acquires SineCera Capital
Renamed as Prime Capital Family Office, the Austin-based team will focus on ultra-high-net-worth clients.
Retirement Industry People Moves – 2/28/25
Principal appoints head of retirement solutions; benefits attorney joins Wagner Law Group; Variant Investments appoints head of institutional sales; and more.
SECURE 2.0 Provisions Should Boost Adviser Revenue in 2025
Two-thirds of plan advisers say the newly enacted provisions will increase their revenue, in addition to increasing employee participation, according to a Fuse survey.
Chavez-DeRemer’s Secretary of Labor Nomination Advances to Full Senate
The Senate Committee on Health, Education, Labor and Pensions cleared President Donald Trump’s nominee to head the Department of Labor, advancing her to a full Senate vote.
Principal Asset Management Appoints Brant Wong Head of Retirement Solutions
Wong was previously head of retirement platforms at J.P. Morgan Asset Management.
Product and Service Launches – 2/27/25
Apollo, State Street private-debt to release new ETF; Betterment Adviser Solutions launches solo 401(k)s; LPL Financial selects SS&C to support retail alternatives business; and more.
Money Market Funds Damaged by ‘Flawed’ SEC Amendments
According to the Investment Company Institute, the most significant changes were made without public input.
Expedited Payments From Social Security Fairness Act Coming Soon
Starting this week, the Social Security Administration is making retroactive payments because of changes to the WEP and GPO, with increases to monthly payments up next.
Legislation Reintroducing CITs to 403(b) Plans Gains Momentum
Collective investment trusts would provide increased choice and flexibility, says Equitable’s Fred Makonnen.
Judge Approves DOL’s Appeal to Pause Fiduciary Rule Litigation
The circuit judge granted a 60-day abeyance in two lawsuits against the DOL over its Retirement Security Rule.
CFP Board Releases Technology Standard Guide for CFPs
The guide should assist CFPs in complying with the duty of care standards outlined in the board’s code of ethics and standards of conduct.
Understanding SECURE 2.0 Student Loan Matching and Educational Benefits
Employers have options to offer student loan benefits to employees and do not need to wait for further IRS guidance to start.
Private Equity Dominates Wealth Management M&A Activity
M&A deals with private equity backing have surged over the past decade, according to Fidelity.
Public Pension Plans Reach 5-Year High of 83.1% Funded
The funds returned 9.47% in fiscal 2024, according to a National Conference of Public Employees Retirement System study.
Call Center Rep Accessed Data of More Than 2,000 Customers at Inspira Financial
The third-party call center representative improperly accessed personal data of retirement plan participants between December 2024 and January 2025.
Great Gray Expands Retirement Business With RPAG Acquisition
The transaction will expand Great Gray’s presence in the retirement plan advisory market.
SEC Announces Unit to Protect Investors From Crypto, AI Scams
The Cyber and Emerging Technologies Unit will be led by Laura D’Allaird, who was co-chief of the predecessor Crypto Assets and Cyber Unit.
Advisory M&A News – 2/24/25
Marsh McLennan’s Mercer to acquire SECOR Asset Management; Creative Planning acquires Maxwell Wealth Strategies.