The flipside of the new Innovator Capital Management products is the performance is capped and they can be more expensive than some of the cheaper indexed options.
Pacific Investment Consultants is based in Folsom, California.
In the final part of a three-part series, the authors examine planning's role in the changing preferences of next-generation clients.
The deal will add more than $1 billion to Beacon Pointe's assets under management.
Not having a retirement income solution within a DC plan is like having the pilots on a commercial flight parachute off midflight, forcing passengers to land the plane.
In the past week alone, at least three PEPs have been announced. Those include plans from American Trust, Access Retirement Solutions and a new entity from venture capital firm Magis Capital Partners, Sallus Retirement.
The deal for the Pittsburgh-based investment boutique adds $400 million to Boenning's assets under management.
The two asset management giants were among 43 firms with more than $22.8 trillion of assets that signed onto the Net Zero Asset Managers initiative.
Oranj founder David Lyon is joining SEI along with 13 engineers, developers, cloud specialists and client service personnel. Financial terms of the transaction were not disclosed.
The firm plans to begin rolling out digital assets to clients in the second quarter.
A report from the Alliance for Lifetime Income calls for new retirement income model that includes annuities.
In the second of a three-part series, the authors examine the importance of asset allocation in the changing preferences of next-gen clients.
The first of a three-part series breaks down important preferences of next-gen clients as wealth managers manage the transfer of wealth.
Say goodbye to PDF documents and hello to narrated and personalized videos for client accounts.
That will likely have a lasting effect on retirement savings for those workers, nearly 70% of whom said they will not pay back any portion of the distributions they took under the CARES Act, according to data from Principal Financial Services.
With $600 billion in assets under advisement, Captrust has appointed a head of wealth management to lead the growing $24 billion under management business.
The Securities and Exchange Commission summoned the banks for hasty meetings on what triggered the forced sale of more than $20 billion of stocks linked to Hwang’s Archegos Capital Management.
He was suspended by the Certified Financial Planners Board of Standards in 2013, and was barred by the Financial Industry Regulatory Authority and the Pennsylvania Department of Banking in 2015.
The CFP Board has spent $10 million each year on the campaign since its launch in 2011. The campaign is funded by an additional $12 per month that is added to the annual CFP certification fee.
The company's new Retirement Select service is competing against state-sponsored auto IRAs, and it comes as other firms are exploring the pooled-employer plan market.
