Tag: Practice management

Vanguard announced new investment advisory arrangements for Vanguard Windsor Fund, Vanguard International Value Fund and Vanguard Global Equity Fund.

United Planners added the Matrix plan data feed service to the United Planners Retirement Platform.

More than 12,000 Edward Jones advisers can offer OneAmerica’s 401(k) and 403(b) plans, the companies said in an announcement about the new alliance.

A higher selection rate of target-date funds makes Gen Y 401(k) participants (those born between 1979 and 1991) the most properly allocated, Fidelity found.

Pioneer Investments expanded its sales team of registered investment advisers (RIAs) by adding a regional vice president and realigning the division that supports the RIA channel.   

The independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc., announced its affiliation with Advantage Financial Group (AFG).

Global Relay updated its Twitter archiving software to help advisers meet Securities and Exchange Commission (SEC) as well as Financial Industry Regulatory Agency (FINRA) regulations.

SunAmerica Financial Group Inc. agreed to acquire Woodbury Financial Services Inc., a brokerage unit of The Hartford Financial Services Group Inc.

The first half of 2012 saw 25 deals completed, totaling about $36.2 billion in assets under management, according to Schwab Advisor Services Reports.

Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments in June despite the market rally, according to the Aon Hewitt 401(k) Index. 

Union Bank in San Francisco appointed Dennis J. Mooradian as president and chief executive of HighMark Capital Management Inc.

The Indianapolis  retirement plan and institutional investment advisers, formerly known as The Prince Group, have established Praxis Fiduciary Advisors LLC.

Income from defined benefit (DB) pension plans significantly contributes to the well-being of older Americans.

Mutual of Omaha’s Retirement Plans Division named Diane Kolvek and J. Michael Peddicord as regional sales directors, and Robert Nourse as national accounts channel manager. 

Advent Software Inc. will collaborate with Data Agent LLC to provide tools to help hedge funds and hedge fund administrators meet Form PF reporting requirements.

Through its new ETF family, Huntington Strategy Shares, Huntington Asset Advisors Inc. released a second actively managed exchange-traded fund (ETF).

Only about one in six people (16%) worldwide is confident their current savings are sufficient to cover financial needs after retirement, a survey found.

Vanguard is expected to offer the Vanguard Short-Term Inflation-Protected Securities Index Fund in the fourth quarter.

 Mercer's Outsourcing business selected Millennium Trust Co. as the exclusive provider for its clients' automatic IRA distribution needs.   

Matrix Financial Solutions updated its Matrix RetireTool(k)it.