The number of carriers on its RIA custodial platform increased to 20 from seven and the number of fee-based products rose to 70.
While the people who took loans or withdrawals as a result of Covid-19 are in a better place financially, they feel behind in their saving.
The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.
Advisers nearly universally agree that a return to office meetings is key, and that they must change
RIAs will be at the center of a great deal of our coverage and content over the coming weeks, and we even have Hall of Fame quarterback Steve Young on the agenda.
Last year, the 25 largest independent broker-dealers reported $26.6 billion in revenue, an increase of 4.3% from 2019. Although financial results were far from spectacular, growth at leading IBDs last year was resilient in the face of the Covid-19 pandemic and the havoc it caused for the broader stock market.
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Big banks' finance work involving environmental, social and governance projects saves them a lot on taxes.
After a six-day bench trial in U.S. District Court in the Southern District of Iowa Central Division, a judge ruled in favor of Principal on all counts. Salesforce also won a case, while a new one was filed against Kimberly-Clark, and another was settled by John Hancock.
The idea of hiking taxes on capital gains from the current top rate of 23.8% is viewed by some as a trial balloon to test levels of support and resistance. The top tax rate would apply to those with annual incomes of at least $1 million, which is about 500,000 American taxpayers.
The former Goldman mortgage-backed securities star will take over from John Hollyer, who is retiring.
A 12-member group at the independent broker-dealer will work on company and industrywide initiatives.
The deal announced Thursday will add about $6 billion in assets across 71 retirement plans to Atlanta-based OneDigital Investment Advisors’ business.
The annual EBRI survey underscores workers' and retirees' optimism about the outlook for Social Security and Medicare.
The newcomers had criticized Blucora for mishandling the broker-dealer, Avantax, calling it a potential 'gem of the wealth management industry.' The shareholders reelected the 10 current board members.
MMC Group will be based in RBC’s office in Jericho, New York.
After 12-month returns in the triple digits, investors got a wake-up call when ESG funds came crashing back down to earth.
Here are a few telltale indicators that say you’re ready—and some tips to get your journey started.
The legislation would bump up the annual contribution limit, taking it from the current maximum of $13,500 to $16,500. Sens. Susan Collins and Mark Warner note the proposed increase is the midpoint between SIMPLE plans and traditional 401(k)s.
While it's simple to choose annuity providers based on price and payout rates, those costs and rates can change frequently, so the best options today might not be as good in several years, a new report concludes.
