The price index for personal consumption expenditures increased 0.3% for the second consecutive month in October.
The third-quarter economy expanded at its fastest pace in four years, growing 4.9%, according to a Department of Commerce report.
Individual life insurance premium sales jumped 20% during the third quarter, according to LIMRA International.
The dollar rose against the euro this morning, trading at $1.4743, up from $1.4841 yesterday.
Banks will not displace wirehouse channels, but will receive a larger share of growth and assets.
Legislation allowing donations from IRAs to individual charities will not include donations to donor-advised funds.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
The portal gives advisers access to fund attribution analysis, portfolio commentaries, portfolio holdings analysis, and sector/security attribution.
Sales of existing homes fell in October pushing supply of homes to the highest level since 1985.
The number of asset managers participating in model portfolio programs has doubled over the past four years.
