Greg was a reporter for InvestmentNews from 2015 to 2019, covering defined-contribution plans, retirement planning, insurance, taxes and estate planning, before then moving to CNBC as a Personal Finance Reporter. He tweets at: @GregIacurci
Mr. Schlichter, who represents plaintiffs in the suit against MIT, is seeking to have Ms. Johnson testify about a quid-pro-quo allegation.
A type of trust known as a GRAT allows for larger tax-free transfers when interest rates are low
Because they were unconventional, the wills could be challenged.
Few highly rated insurers are offering fixed annuities guaranteeing more than 3%, a challenge for advisers in search of yield for clients.
Facet Wealth, not Wealthfront, will absorb Grove's clients, boosting its current client base by 50%.
Bellaria Jimenez, who came to the U.S. from Caracas, is now president and owner of MassMutual Tri State, overseeing about 200 financial advisers and support staff.
The ruling could mean plan sponsors can force employees into individual arbitration rather than defend a class-action suit.
Agency will soon issue a rule that will likely require electronic statement delivery unless participants opt out.
Some financial advisers are wary of the possibility insurers will sell long-term-care blocks to private-equity firms or hedge funds.
Large firms are well-situated to comply with the cost standards in the SEC's Reg BI given changes they made to prepare for the DOL fiduciary rule.
