September 13th, 2009
If you want to get a quick sense of just how fast time flies, consider that it was only a year ago this week that Lehman Brothers filed for bankruptcy.
September 2nd, 2009
Morningstar Associates, LLC, has announced that USI Consulting Group is
now offering managed retirement accounts through Morningstar Retirement
August 20th, 2009
Despite strong domestic-equity and sound fixed-income performance
during the second quarter of 2009, hefty investor assets were cashed
out of separate accounts and collective trusts entirely, according to
August 12th, 2009
American Reliance Group, Inc., (ARG), a financial advisory firm
headquartered in Spokane, Washington, has selected FundQuest to provide
outsourced technology, back-office, and investment research services.
August 3rd, 2009
BNY Mellon Asset Servicing announced it will provide managed accounts
outsourcing support for Mesirow Financial, a Chicago-based financial
August 2nd, 2009
As a kid, I remember sitting in church listening to a sermon about what I have since come to know as the “parable of the talents,” found in the book of Matthew in the New Testament.
Deals & People
July 29th, 2009
Asset International, Inc. (‘AI’) has agreed to acquire Strategic
Insight (“SI”), a research and technology firm serving the investment
July 28th, 2009
Morgan Stanley Smith Barney launched Select Retirement, an optional
income protection feature that is specially designed to augment the
Select UMA unified managed account program.
June 2nd, 2009
Pershing said it expanded its suite of managed account solutions to provide advisers with access to a diverse list of money managers and a broad spectrum of managed account tools and services.
May 21st, 2009
The Depository Trust&Clearing Corporation (DTCC) introduced MAS Portal, a new Web-based interface to its Managed Accounts Service (MAS) that will enable immediate connectivity for investment managers who oversee managed accounts programs.
April 6th, 2009
Curian Capital said it expanded its Custom Style Portfolios with the addition of the Curian Tactical Advantage Strategy.
March 25th, 2009
FolioDynamix enhanced its unbundled turnkey asset management program with the addition of its Principled Portfolio Solutions (PPS) discretionary investment management program.
March 18th, 2009
Citi announced the launch of OpenWealth, a unified managed household (UMH) servicing platform.
Choosing among target-date funds, balanced funds, and managed accounts
Data show micro plans are not simply miniature replicas of the larger-plan space
The QDIA regulations open the door for new default options
As fond as I am of the phrase "the more things change, the more they stay the same," I sometimes question its applicability to the retirement plan space.
Details about other PLANADVISER happenings
The Year in Conferences
As 2009 rolled in, I think there were hopes that the financial services world would say goodbye to the problems of 2008.