Deal for John D. Dovich & Associates in Cincinnati adds $600 million in AUM.
Fee-only advisers who want to sell clients life insurance without a commission have few options available.
Tools and courses can help advisers guide clients through deadlines and choices
Firms are able to inflate projections of cash accumulation in IUL policies via bonuses and multipliers.
The move is a big deal for RIAs, experts say, since TIAA was one of only a few insurers to offer fee-only life policies.
Multiple accounts at previous employers diminishes the feasibility of these accounts
For many retirees, the struggle isn't having enough money, but confidently spending what they've worked so hard to accumulate.
The partnership connects the robo with 3 million customers and $9 billion in Optum's HSAs.
Center for Economic Justice argued in a comment letter to the NAIC that insurers are incentivized to develop indexed annuities with disingenuous product illustrations.
Just one in five employers solicits HSA rollovers from new hires, which could have negative consequences
Individuals without a securities license are increasingly, and unlawfully, soliciting business.
The chief economic adviser at Allianz will take up the position at Cambridge in October 2020, succeeding John Eatwell.
Retiring during the longest-running bull market in history can be scary, as some begin to wonder when the good times will end.
The measure allows small employers to band together to offer plans and raises the RMD age. Another provision eases use of annuities in 401(k)s, which critics say goes too far
Market gyrations put a dent in quarterly VA sales.
At its second Innovation Symposium, the firm considered which issues will affect the future of financial advice.
John Hancock policyholders would get a discount on their premium in return for agreeing to pay a bigger portion of their claims in the future.
Some are signing off on premium increases in the 200%-300% range, one executive said.
Edward Jones is an outlier among its peers, experts say
Upstate New York couple cites five unsuitable variable annuity, life insurance transactions.
