Marking its first new target-date addition in two decades, Vanguard’s new CITs offer 401(k) participants another option in the growing market of in-plan annuities.
The Treasury secretary maintains the current Federal Reserve leadership strayed from its founding principles due to districts "importing a bright, shiny object."
Switching clients’ mutual funds is well-established industry practice to generate commissions charged to clients.
Mega-RIA Creative Planning and Chicago-based Waverly have also gained additional scale with hefty acquisitions.
The biggest team move to Wells Fargo Advisors this year highlights its efforts to court large ensembles, as well as UBS's continuing issues with advisor retention.
Alaris Acquisitions CEO Allen Darby cautions of a 2026 slowdown in RIA M&A activity, as sellers find new homes this week at Creative Planning, Wealth Enhancement, Allworth Financial, and Sequoia Financial Group.
The philanthropic pledge to give young Americans an investing headstart raises fresh questions around tax-advantaged saving for RIAs.
The CEO and co-founder's personal stake in the active ETF firm is set to enjoy a ten-figure payday, based on details of the transaction and regulatory filings.
Robert Swagger told clients he was investing their money into a streaming company for faith and family-friendly media projects.
Sequoia Financial has also snapped up a $406 million indie RIA in California, while Allworth returns to the deal table with its own $460 million upmarket acquisition.
The world's second-largest asset manager has capitulated on its long-held anti-crypto stance in the face of persistent retail and institutional demand.
With nearly $90 billion in client assets, the Palo Alto-based fintech is eyeing an addressable market of digital natives projected to reach $140 trillion by 2045.
Beyond tax efficiency, planning around charity creates touchpoints to help clients express their values, engage the next generation, and leave a more profound and personal impression on the world.
The move to give Mary Callahan Erdoes a board seat comes amid accusations that the Wall Street giant enabled the deceased financier's sex trafficking operation.
The bipartisan measure, co-authored in the Senate by Elizabeth Warren and approved by President Donald Trump, clears numerous hurdles that held taxpayers back from challenging the tax agency.
Nearly a dozen industry associations signed a letter of support for the Financial Exploitation Prevention Act, which would let mutual fund firms and transfer agents pause transactions if elder abuse is suspected.
The White House has reportedly granted clemency for private equity executive convicted over $1.6 billion GPB Capital scheme targeting thousands of investors.
The deal, set to add $28 billion in assets, would vault the Wall Street giant among the top tier of active ETF providers as investors flock to defined outcome strategies for downside protection and smoother stock exposure.
Quotient Wealth Partners' co-CEO speaks out on his RIA firm's pivot into private equity comp planning, how investments by Schwab and Morgan Stanley mark a turning point, and why advisors diving in should prepare to play the long game.
Surveys show annuity owners feel more secure about retirement timing as interest rises among non-owners
