Deals & People April 19th, 2024 CAPTRUST M&A Head Benton Leaving Firm Rush Benton, who worked on more than 40 wealth management-focused deals, will be leaving to start his own business.
Deals & People April 10th, 2024 Carson Group Founder and CEO Steps Down Ron Carson will move to the role of chairman, names current Chief Strategy Officer Burt White to take the head...
Client Service February 27th, 2024 401(k) World: Recordkeepers, Advisers and ‘Co-opetition’ The third installment of Planadviser In-Depth’s series on the 401(k) market considers the various ways recordkeepers are looking to evolve.
Practice Management February 23rd, 2024 401(k) World: Retirement Plan and Wealth Advisement The second story in PLANADVISER In-Depth’s series on the 401(k) market considers the convergence of retirement planning and wealth management—a...
Deals & People February 5th, 2024 Advisory M&A News – 2/5/24 Mariner Wealth Adds $104B in Institutional AUA; Heffernan makes Florida acquisition; OneDigital adds WealthSource with advisers in 9 states; and...
Deals & People December 15th, 2023 Lincoln to Shed Wealth Division With Sale to Osaic Lincoln has agreed to sell its $108 billion wealth management business to focus on workplace and insurance services and products.
Products December 14th, 2023 KeyBank Advisory Division Launches PEP Institutional Advisory debuts 401(k) pooled employer plan, with Transamerica Corp. the recordkeeper and Pentegra the pooled plan administrator.
In Practice December 13th, 2023 Would DOL’s Fiduciary Proposal Help or Hinder Coverage Gap? Dissenters say the DOL’s proposed amendments would reduce access to needed retirement products.
Deals & People December 12th, 2023 Carson Group Snags $1.2B Retirement, Wealth Advisory Oakeson Steiner is leaving OneDigital for wealth-focused Carson Group.
In Practice December 11th, 2023 Top Performing Advisories More Focused on Inclusion According to Schwab, financial advisories with good track records are showing more commitment to a diverse workforce.
Products November 14th, 2023 Envestnet, Empower Launch 401(k) Plan Solution for Financial Advisers The retirement platform is geared toward wealth managers seeking a plan option and includes four options for providers of target-date...
Compliance November 13th, 2023 United Airlines Sues Advisers for ‘Scheme’ to Defraud 401(k) Pilot Participants A lawsuit filed in Minnesota federal court claims an independent advisory deceived participants by taking loans from their accounts for...
Client Service November 7th, 2023 RIAs Already Spread Thin, Even as Clients Want More Services, Fidelity Finds The firm’s RIA benchmarking survey revealed a drop in new client assets and identified an opportunity to be more ‘proactive’...
Deals & People October 31st, 2023 Creative Planning Acquires Mesirow’s Retirement Advisory Business The RIA adds $13 billion corporate plan services team soon after announcing a deal for Goldman’s personal finance unit.
Deals & People October 25th, 2023 Retirement Advisory M&A Persists Amid Overall Deal Decline DeVoe’s Q3 M&A report shows overall dealmaking in the advisory space is trending toward a down year, with the retirement...
Deals & People September 22nd, 2023 SageView’s Long: ‘Tremendous’ Consolidation Still to Come in Retirement, Wealth The founder, former CEO and now chairman also says serving participants—in or out of plan—will be key to succeeding amid...
Deals & People September 19th, 2023 Carlyle Makes Growth Investment in CAPTRUST Equity from Carlyle will be used to advance CAPTRUST’s M&A strategy in both wealth management and retirement, says CAPTRUST president.
Compliance September 14th, 2023 SEC’s Risk Alert Worth Close Look Amid ‘Bevy’ of New Rules, Charges Compliance experts point to the regulator’s focus on third-party providers and its marketing rule stringency in the recent exam notice.
Deals & People September 14th, 2023 Adviser Product Partnerships – 9/14/23 The Standard and NFP launch PEP solution; Flywire and Vestwell partner to streamline 529 college plan payments; CalSTRS and Sapphire...
In Practice September 13th, 2023 Some Wealth Managers See Growth in Branching Out to Retirement Consulting One of the commonly missed opportunities for growing a retirement or wealth advisory business is executive financial consulting, according to...