Caregiving parents may receive benefits regardless of their age.
Instead of generating anxiety among advisors, sweep contains no hidden surprises, says compliance expert.
As the SEC marketing rule nears its first anniversary, most firms have yet to take advantage of the testimonials and endorsements it allows.
Perhaps the lack of demand among clients is a function of a lack of understanding of annuities among advisors.
'We see a lot of angst from advisors that are frustrated that the federal [SEC] firms get to' use client testimonials and reviews in advertising 'but they can’t do it in their state,' says XYPN co-founder Michael Kitces.
The executives, all of whom are joining from other firms, will complement TIAA's current staff 'to help clients prepare for retirement and reach their financial goals,' an executive says.
Major regulations and legislation made headlines, and big asset managers faced protests over fossil fuels.
Carl M. Hennig Inc. has 10 registered reps and about $1.3 billion in client assets.
Nides, former U.S. ambassador to Israel, has moved back and forth between Washington and Wall Street for years, including two stints at Morgan Stanley.
Advisors who custody exclusively with Altruist will receive free software, while firms that work other custodians will get the first 100 accounts for free.
The measure is likely to make a rollover recommendation a fiduciary act. But if the agency doesn't complete the measure soon, it's vulnerable to being overturned by the next Congress and White House.
But big banks can fall flat when it comes to building a home for financial advisors.
Millions of Americans plan to return to work for financial or social reasons.
Law firm Lieff Cabraser is reportedly busy sending letters to plan sponsors.
The final regulation targets 'greenwashing' but strips out what would have been 'a more onerous' ESG provision, a lawyer says.
'We really hit a wall at the end of July, and that's when the market really put in its year-to-date highs,' says Lisa Shalett.
Marin County, California-based Brian Wells has 25 years of experience.
The Seattle-based advisor will focus on retirement plans.
Lawmakers say changes would hurt retirement investors. They also raise concerns about a proposal to curb advisor conflicts related to AI.
After GTCR's 2020 deal for a portion of the RIA, additional private equity money will help the firm continue its buying streak.
