The case alleges fiduciary breaches based on the existence of cheaper investment options on the market than those used in the plan.
One of the lead plaintiffs in the class-action case appears to be the company’s former regional vice president of retirement sales.
Brett Moore will work in the firm’s Beverly Hills, California, office.
Pacific Edge Advisors constitutes a hometown acquisition for Beacon Pointe.
A judge denied Gwen Campbell's request to temporarily bar fellow bankers at JPMorgan from soliciting business from clients she brought with her from BofA, clients who reportedly include former New York Yankees star Alex Rodriguez.
The asset manager is lowering fees on 47 mutual funds and three ETFs, which it says amounts to a 13% reduction on an asset-weighted basis.
CIOs from the leading DC record keepers, aggregators and broker-dealers discussed their greatest opportunities and challenges.
The agency says the firm distributed unregistered shares unlawfully and failed to file suspicious activity reports.
There's good and bad news on the horizon, including the biggest annual cost-of-living increase in 40 years, but also an offsetting rise in Medicare premiums.
The central bank also said it will double the pace at which it's scaling back purchases of Treasuries and mortgage-backed securities, putting the program on track to conclude in early 2022 rather than at midyear.
A bug earlier this year let plan sponsor clients view outside participants' data, and one man claims he and others suffered consequences.
Five years after competitor Fidelity launched its no-transaction-fee platform for institutional shares, Schwab is following suit in a similar deal with T. Rowe Price.
Burnt out by the grind of running a small business, many firm principals are merging with other firms and creating national brands.
As the pandemic and possible tax law changes lead more Americans to think about their estate plans, advisers should take the opportunity to discuss estate planning and trusts with their clients.
Lamont Financial Group operates from two bank offices in Mason City and Clear Lake, Iowa.
The deal for Cascadia Advisory Services will expand Mariner's presence in Portland, Oregon.
The principals of Charlotte, North Carolina-based Queens Oak Advisors, Leila Evans and Deems May, a former NFL player, will join MAI.
The asset manager plans to convert two mutual funds holding roughly $250 million in assets into exchange-traded funds by the third or fourth quarter of next year.
The Toronto aggregator announced a twofer that combines for $10 billion in assets under management. The deals push CI’s U.S. footprint to $115 billion in assets.
'I really think that our financial advisers are going to be happy about this,' one Wells Fargo executive said.
