Tag: Custodians

The same criticisms of the proposal linger, but the SEC is continuing to push ahead.

The business processes outsourcing provider will exit the flexible spending account business, and plan sponsors' accounts will transfer to HealthEquity...

Adviser advocacy and interest groups expressed disapproval for the SEC’s proposal, citing discretionary trading concerns and limiting annuity use.

A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect...

According to the financial tech custodian’s head of investing, RIAs are shifting more into ‘holistic’ needs, including retirement saving. 

Experts explained common compliance mistakes involving the custody rule and spoke to the new custody rule proposal.

Fidelity Institutional announced plans to align its clearing and custody units, while the wider firm will establish a new technology group to create digital solutions across the Fidelity...

Aspire Financial Services released the TPA Playbook for Success, a proprietary education and communication tool designed to drive competitive advantage for the firm’s third-party administrator (TPA) partners.

Alternative asset custody and rollover specialist Millennium Trust Company hired four new vice presidents to assist sales and solution delivery.

The 401(k) market’s annual growth rate is holding at 9% and could push total assets beyond $4.2 trillion next year, a report from Ignites Retirement Research shows.

Charles Schwab added 16 exchange-traded funds (ETFs) to the Schwab ETF OneSource platform, bringing the total number of ETFs available through the platform to 121.

Chris Underwood has joined the U.S. Bank Institutional Trust and Custody division as a business development officer.

Unified Trust Company hired Andrew Windsor as a retirement investment analyst.

Double digit U.S. equity returns powered a solid first quarter for all institutional plan types, according to the Wilshire Trust Universe Comparison Service (TUCS).

The recordkeeper and custodial service provider Retirement Revolution named Gary Crane business development officer for the northeast.

Gold Bullion International (GBI) and The Kingdom Trust Company are collaborating on a physical precious metal alternative investment offering for financial advisers and investors.  

Charles Schwab has unveiled several enhancements to its technology offerings that support independent registered investment advisers (RIAs) at its annual conference in San Francisco.

Pershing Advisor Solutions, a BNY Mellon company, has published a white paper reviewing various independent registered investment adviser (RIA) models, to assist wirehouse advisers considering a change.