The measure proposed by Sens. Warren and Daines addresses the $8.5 billion sitting in lost retirement plan accounts.
Craig Zaleck and Mark Hogan, who are based in Bayonne, New Jersey, will affiliate through super OSJ INC Advisors.
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers.
The payments processor plans to offer both types of accounts to the small businesses that use its app, according to hidden code in a recent update to its app.
With a fresh take on adviser training, Merrill Lynch expects to increase diversity while graduating 1,000 new advisers per year. These advisers will be located in-office and report to their local market executives.
If price pressures are picking up, cash and fixed income will suffer, and stocks could offer investors the best return.
In keeping with the times, it appears that the practice of cold-calling is out and using social and business networking platforms like LinkedIn is in.
The firm is reducing fees and is adding a mutual fund version of its Retirement Blend series, which has existed since 2018 in CIT form.
The bipartisan bill aims to help the 52% of employees in the state who don't have access to a retirement plan at work.
If you take nothing else away from this article, hear this: People don’t care about your offer or your business — they care about themselves.
SEC bars Emil Botvinnik, a former registered rep with Windsor Street Capital, as part of final judgment that includes $1.14 million disgorgement.
Advisory firms are moving to adopt AI tools to achieve their growth objectives, but it’s not easy, partly because firms lack the data connectivity that’s needed for AI to operate efficiently.
With just a few clicks, an adviser can submit a task on behalf of a client, something that would otherwise require extensive knowledge and time-consuming coordination between various operational teams.
Bipartisan legislation proposed by Sens. Cardin and Portman aims to help boost savings.
A class-action lawsuit alleges that the company breached its fiduciary duties in connection with a change in the investment menu. Most of the assets in the $1.4 billion plan went into Russell Investment target-date funds, according to the complaint.
With a new funding round and support from the asset management giant Vanguard, Altruist increases its potential to break up the RIA custodial oligopoly.
The median level of debt for people over age 50 has tripled over the past 30 years, according to a recent analysis by the Government Accountability Office.
The four-adviser group is moving to the firm’s employee unit in Augusta, Georgia and will operate as the Cypress Wealth Group.
The executive order mandates an assessment of how to reduce climate risks to financial stability; the assessment would also detail plans financial regulators have for bolstering disclosures.
The leadership changes announced May 20 position a slate of potential successors to CEO James Gorman who are mostly white and male.
