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InvestmentNews
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Capital Group, Morningstar offer personalized TDFs
RETIREMENT PLANNING APR 08, 2022
Capital Group, Morningstar offer personalized TDFs

Target Date Plus helps participants to determine a mix of target-date funds that is more suited to their particular needs.

Hightower receives charter for trust company
RETIREMENT PLANNING APR 08, 2022
Hightower receives charter for trust company

Hightower National Trust Co. is part of the firm's effort to offer a range of family office services to its high-net-worth and ultra-high-net-worth clients.

UBS duo managing $210 million joins Janney
RIA NEWS APR 07, 2022
UBS duo managing $210 million joins Janney

The Morris Jerkovich Group is based in Bedminster, New Jersey.

Ellevest raises $53 million in Series B funding
FINTECH APR 07, 2022
Ellevest raises $53 million in Series B funding

The company will use the capital to deepen its offerings and product solutions, and help women reach their money goals.

UBS team managing $360 million moves to LPL
RIA NEWS APR 06, 2022
UBS team managing $360 million moves to LPL

Gary Edmonds, Andy Chang are joining the firm's Linsco employee-broker unit in Washington, DC.

Hub acquires $1.3 billion plan consultant
RETIREMENT PLANNING APR 06, 2022
Hub acquires $1.3 billion plan consultant

Stace Hilbrant, managing director of Wilmette, Illinois-based 401(k) Advisors, will join Hub.

Creative Planning acquires $440 million Arizona firm
RIA NEWS APR 06, 2022
Creative Planning acquires $440 million Arizona firm

Hatton Consulting is a Phoenix-based wealth management firm that was founded in 1999.

Wells Fargo agrees to pay $32.5 million to settle 401(k) lawsuit
REGULATION, LEGAL & COMPLIANCE APR 05, 2022
Wells Fargo agrees to pay $32.5 million to settle 401(k) lawsuit

The settlement, filed in U.S. District Court for the District of Minnesota, relates to the 401(k) plan's use of the bank's own offerings.

Merit Financial acquires two Colorado firms
RIA NEWS APR 05, 2022
Merit Financial acquires two Colorado firms

Tedstrom Wealth and I.M. Wealth Care are both in the Denver Area and add $381 million in assets to Merit.

State Street launches active muni ESG fund
MUTUAL FUNDS APR 05, 2022
State Street launches active muni ESG fund

The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.