Search results for: its true
New Fiducient Advisors CEO Sees Financial Wellness as Key Focus Area
Sabrina Bailey says she is going back to ‘true roots’ of shaping investing and retirement outcomes for end clients.
Florida Man Buys Massive Black Diamond with Ill-Gotten Crypto Gains, SEC Says
The SEC alleges that Richard Heart offered unregistered cryptocurrency and spent investor assets on personal luxury goods.
Adviser Product Partnerships
Crystal Capital teams with SS&C to ease alternative investment process; BridgeFT powers Yayati for more personalized investing applications; Nassau Financial Group announces collaboration with LifeYield.
Inside the Deal: What Makes Retirement and Wealth M&A Stick?
Aggregators discuss the importance of a robust onboarding protocol that ensures an acquired advisory is set up for continued growth.
The Business Benefit to Succession Planning
Planning for the future of a retirement plan or wealth advisory isn’t just about the years ahead—it can help drive success in the present.
DOL Says to Expect Fiduciary Proposal in August
The new rule would seek to redefine when investment advisers for plans and IRAs are 3(21) fiduciaries.
TIAA Research: Retirement Plan Advisers Target Efficiency
Advisers are looking for maximum efficiency while broadening their range of products and services.
SEC Issues Rare ‘Pre-Emptive’ Warning in Expanded Marketing Rule Risk Alert
The SEC is getting out ahead of potential adviser missteps in following its new client marketing rules—but advisers should still take note to key points, according to an...
CAPTRUST Acquires Omega Wealth Partners
Omega, based in Fort Worth, is CAPTRUST’s second deal in Texas this year.
Advisory M&A
Ameriprise Financial welcomes team of female advisers; Concurrent launches RIA; Merit Financial acquires Planned Futures; and more.
Recordkeeper “House” Investment Options Worth a Look, But Carefully, Advisers Say
Proprietary recordkeeper fund options can be worth the fee reduction in investment plans, but they must be looked at carefully, note advisers in a PLANADVISER practice progress webinar.
CITs: Coming Soon to 403(b) Plans?
A bill approved by the House Committee on Financial Services would permit CITs in all 403(b) plans to bring parity with other tax-privileged plans.
CFP Board Outlines Best Practices to Retain Diverse Talent
A report on ‘creating DEI-driven culture’ encourages firms to articulate a vision, ensure equitable hiring and offer leadership development.
Inflation Drives IRS to Raise HSA Contribution Limits
For 2024, the HSA contribution will be $4,150 for an individual and $8,300 for a family, up from $3,850 for an individual and $7,750 in 2023.
Advisers Managing Heightened Retirement Plan Committee Turnover
With job turnover rates remaining high, advisers discuss how to manage retirement plan committee churn.
House Republicans Propose Exempting Social Security Benefits From Income Tax
Social Security reform bills keep coming this Congress, and this one would remove Social Security payments from the calculation of gross income.
Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment Management.
Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation
A 2020 case over the performance of proprietary CITs ends with a settlement.
SEC Safeguarding Rule Would Expand Investment Oversight to Crypto, Artwork
A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect them from bankruptcy.
2023 RPAY – Daniel Carlson, Farther Finance
Business at a Glance as of 12/31/22 Plan assets under advisement: $25 million Median plan size (in assets): $12.5 million Plans under administration: 2 (1 401(k) plan and...