DOL expands program to ease retirement plan payouts at bankrupt firms
The agency's new interim rules and a key amendment will help Chapter 7 bankruptcy trustees discharge their obligations more easily.
Raymond James welcomes $900M team from Wells Fargo
With over a century of collective experience, the veteran-led team is joining the broker-dealer’s employee advisor arm in Florida.
Cetera ratchets up advisor focus with key leadership hires
The RIA giant is tapping alums of LPL, Osaic, Commonwealth and TD Ameritrade in a ramped-up bid to support advisors’ evolving needs.
Gratus Capital brings hedge funds to clients with iCapital alliance
The investment advisory firm’s new fintech partnership marks the first phase of its broader comprehensive strategy.
Bluespring snaps up $750M Arizona wealth firm
Offering a host of planning services, the 14-person team from Commonwealth includes a husband-and-wife advisor tandem.
Shakeup at Schwab as veteran leader Bernie Clark retires
The investing behemoth unveiled a slate of executive departures, including its longtime head of advisor services, as part of its succession planning strategy.
Avantax snaps up $400M Pennsylvania team
Previously with Stratos Wealth Advisors, the new hires in the Northeast include three veterans with over 80 years of combined industry experience.
Do DC managed account programs have a PR problem?
Despite their benefits for 401(k) participants, especially financial advice, Cerulli research finds a lack of awareness is holding back broader adoption.
Most advisors still in the dark on direct indexing
FTSE Russell survey research covering RIAs and broker dealers shows four-fifths aren’t using it, and most aren’t clear on the tax benefits.
Red or blue, US workers love state-facilitated retirement savings
Nationwide poll reveals substantial majority support from working Americans across party lines and generations.