The value of the assets in health savings accounts increased 19% to $73.5 billion in the 12 months ended June 30, a survey from Devenir has found, while the number of HSAs increased by 12%, to more than 29 million.
The survey data were collected primarily from the nation’s top 100 providers of health savings accounts, according to Devenir, a company that provides investment solutions for the accounts.
In approximately 1.5 million HSA accounts, or about 5% of the total, the funds in the account are invested in securities, the study found.
FINRA's proposed rule filing would create a new 10-day fraud delay and nearly triple the maximum hold period for exploited senior investors
Fueled by a recent shot in the arm from private equity firm Carlyle, MAI adds a $490 million Atlanta RIA as it keeps building out its national footprint.
“Todd Burkhalter organized what is likely the largest Ponzi scheme in Georgia history,” said one FBI official.
With experience from Goldman Sachs and TD Ameritrade, the RIA's newest SVP hire adds to a recent wave of executive departures from hybrid Osaic.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
