After leaving Thomas H. Lee Partners in 2006, he started another firm, Lee Equity Partners, that made a handful of significant transactions in wealth management shops.
In 2020, the global real estate market had a value of more than $326 trillion, which is more than the value of all the stocks and bonds in the world.
TIAA announced the hiring of Shamila Rajaratnam from the Vanguard Group and Jim Mullery from Prudential to round out its retirement solutions leadership team.
The launch follows the company’s offerings of similar plans in the UK and Europe; Transamerica will serve as record keeper for PEP.
The outlook isn’t much better for 2023 as investors continue to deal with persistent inflation and economic uncertainty.
Average retirement account balances increased at the end of the fourth quarter from third-quarter levels.
Julian Lopez will focus on LPL's relationships with independent advisors.
An attorney for the independent reps said the decision has implications for the entire sector. The brokerage, NexTrend Securities, may seek to vacate the award.
The turnkey asset management and technology provider brought in $456 million in revenue last year, up 20% year-over-year.
Financial advisors can play an active role in the success of student athletes with name, image and likeness deals, but they need to speak the language of their young clients.
While the popular guideline is a good starting point, inflation and rising interest rates are factors that change the game when it comes to retirement withdrawals.
The average decrease in total investment costs last year was 0.3%, according to the latest 401(k) Averages Book.
The Elder Planning Specialist Program is a 10-week online program that helps financial planners to meet the needs of aging clients.
Now that I bond mania has eased along with the rate of inflation, last year’s investors need to decide if they want to continue with their I bond commitment, increase it or look elsewhere for yield.
The firm lost the huge arbitration decision, which was decided by a Finra panel, last year to eight investors who were sold a private equity fund by a former Oppenheimer broker, John Woods.
The outspoken critic of ESG investing plans to leverage that message on the campaign trail.
The artificial intelligence software, which became an internet phenomenon in recent months, generates text, images and other media in response to a short prompt.
While the legislation provides an attractive option for families who end up not needing the money in a 529 plan, it's not clear how many will be eligible to use it.
While Florida and Texas rail against sustainability, Democrats and Republicans in other states are embracing it.
The SEC and the CFTC are looking at the bank's retention of employee communications related to the use of unapproved messaging apps, it disclosed in a filing.
