BlackRock’s LifePath Dynamic Strategy is bringing the firm’s active and passive management expertise to bear in an innovative approach to target date fund investing.
The former president of Morgan Stanley will stand for election to succeed Axel Weber at the Swiss bank's annual meeting in April.
Many retirement plan sponsors are on record in support of addressing racial inequity, especially for those with a millennial workforce.
Kestra Financial added advisers with $2.3 billion in assets under management during the third quarter, while Cetera Financial Group recruited advisers with $2.4 billion in assets.
State auto IRA programs, seen as a potential boon for small plan providers and PEPs, are supported by a majority of Democrats and Republicans, a recent survey found.
Just 1,275 wealthy families paid $9.3 billion in estate tax last year, while as recently as 2018, the IRS had collected more than $20 billion from nearly 5,500 families.
In a recent speech, SEC Commissioner Allison Herren Lee pointed out how the annuity rule differs from Reg BI on mitigating conflicts of interest.
Advisers at First Citizens Investment Center at Iowa-based First Citizens Bank were previously affiliated with Cetera.
Savant Investment Group, based in Emeryville, California, is Mariner's ninth acquisition this year.
Chief Executive Dick Weil, who was instrumental in the 2017 merger of Janus Capital and Henderson Group, will retire at the end of March.
The firm is announcing an initiative, the Equity Collective, in which wealth and asset management firms commit to working with career-focused community organizations to reach young people from more diverse backgrounds.
The fifth annual awards recognize five firms for their innovative ideologies and inventive initiatives: Orion, Vanilla, Ethic, Raymond James and Miracle Mile Advisors.
Guaranteed Income Direct is integrated into Fidelity’s employee benefits portal and offers workers immediate income annuities at institutional pricing from the insurance company of their choice.
Louis Barajas, Terri Kallsen, Peter Rohr and Martin Seay are joining the 17-person board.
The ambition is not to simply offer a growth portfolio that keeps pace with a growth benchmark. On a much grander scale, AMA seeks to add “account alpha” through various advice levers for a participant’s goals.
The partnership will be first multistate auto-IRA program in the country.
As many as 89% of borrowers say they will have trouble making student loan payments when they resume on Feb. 1, according to a recent report.
As the stock market slowed in the third quarter, investors continued to process multiple market influences underscored by supply chain disruptions and pent-up demand from reopening economies.
The Invesco ESG S&P 500 Equal Weight ETF will invest in companies considered leaders in ESG metrics; Apple, Facebook parent Meta and Tesla are among the companies that will be excluded from the fund initially.
A transaction could value the robo-adviser, which has drawn interest from banks and special purpose acquisition companies, at as much as $1.5 billion.
