The sum, received by The Leaders Group Inc., appears to be in the middle range of government loans received by privately held broker-dealers who obtained Covid-19 business relief.
The Justice Department says the deal, which would create the world's largest insurance brokerage, is anticompetitive.
Alicia Curtis and Jyl Barnard of Curtis Barnard Financial Services and Chris Dearing of Riverfront Financial share an office in Peoria, Illinois.
The deal with Financial Independence Group gives all of Carson’s advisers access to the same list of company-vetted products, including annuities, life insurance, long-term care insurance and disability insurance.
CUNA Brokerage Services agreed to become a clearing and custody client at LPL. The firm has $36 billion in assets and close to 550 advisers who work at credit unions.
The four-adviser group in Atlanta will open an office for OSJ Bleakley Financial Group.
Many who rushed to purchase life insurance policies amid the pandemic are now cancelling their coverage, a survey shows.
Among retirement plan participants, about 90% said they are interested in retirement-income products and that having guaranteed income would be a plus, according to a BlackRock survey.
Some of the factors that have led to the current low-interest-rate environment could remain in play for years, according to an analysis of existing research recently published by the Society of Actuaries.
The goal is to help plan sponsors assess the possibilities more strategically
If your clients are rethinking their appetite for risk, it may be time to make changes. Talk about reallocating a portion of their savings to annuities to help safeguard their retirement years.
Two impending hikes that would boost premiums for existing CalPERS Long-Term Care insurance customers by 90% make coverage hard to justify, one policyholder said.
The quarterly sales growth was the highest since 1983, according to Limra.
Selling unneeded insurance policies to a third party can provide retirees with needed income.
Although sales figures were down considerably for most categories compared with the first quarter of 2020, fixed-rate deferred annuities and registered index-linked annuities, or RILAs, saw purchases up by 46% and 89%, respectively, according to a report from Limra’s Secure Retirement Institute.
One of life’s most challenging circumstances is caring for a loved one. Here’s how advisers can help female clients who are thrust into the role.
The B-D's $1.3 million settlement with the regulator involves its failure to supervise adequately a complex series of transactions involving variable annuities and whole life insurance policies.
The court found that the rule was unconstitutionally vague and gave the state too much latitude to find violations.
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
Halo Investing will offer fixed, variable and registered index-linked annuities from several carriers.
