Chief Executive Bill Stromberg is retiring after 35 years at the Baltimore-based asset management company.
Nashville, Tennessee-based GenXFinancial is acquiring Boston Partners Financial Group to form a $9 billion firm.
Teachers are eligible for a second supplemental plan. It’s called the 457(b), and it has several key advantages over the 403(b).
Empower has distanced itself from its other competitors; the only one that matters is Fidelity, which is bigger and more profitable because of its ability to cross-sell wealth management services to participants as well as offer proprietary products.
In a hearing before the Senate Finance Committee, witnesses urged lawmakers to include changes such as mandatory coverage, student loan provisions and emergency savings in whatever legislative package materializes, such as the SECURE 2.0 bills in the House and Senate.
The 10 largest public pension funds devote about 9% of their combined equity holdings to 20 high-carbon emitting companies, according to Bloomberg Intelligence.
The pop superstar's plea to end her 13-year conservatorship raises questions around its validity and prompts experts to rethink the whole system.
Brian Collins joins from Harbor Capital Advisors, a Chicago-based investment manager for Harbor Funds and pooled investment vehicles.
Kyle Smith and Michael Sandlin are leaving Truist Investment Services in Raleigh, North Carolina.
Ventura, California-based Channel Islands Group also runs an estate planning business.
Key retirement industry groups urge President Biden to put in place a coordinated federal approach to the crisis.
Tim Devlin and Michael Jeremiah are joining the firm in Spokane, Washington.
Not all of our old clients came with us. But the overwhelming majority came and — because of their enthusiasm for our move — some asked us to oversee even more of their assets, while others pointed brand-new business our way.
As a result of increased digital business development, 68% of all advisers met or exceeded their client growth goals.
'As we went through the quarter, we didn’t expect it to slow down as much,' CEO James Cracchiolo said in an earnings call. The company reported 10,047 financial advisers across its platform at the end of June, compared to 9,894 a year earlier.
With the acquisition of Farr Miller & Washington, Hightower will install founder Michael Farr as its new chief market strategist.
Houston-based Asset Management Advisors manages $484 million, pushing Cresset's AUM to more than $14.5 billion.
Variable annuity sales jump 55% to $32.8 billion in Q2, marking the highest quarterly sales in that category in nearly six years, according to the Secure Retirement Institute.
Preliminary research results indicate there's a strong correlation between genuine leaders and authentic fiduciaries.
Almost half believe that fund management costs are included in fee they pay their adviser, according to a State Street survey.
