For the three months that ended Sept. 30, SEI’s investment adviser business brought in $109.56 million, down 12% from same period in 2021.
A fiduciary mindset when vetting third-party providers should keep them out of trouble, some say. But there are concerns about the regulatory costs entailed for small firms.
Dante De Gori served previously as the chief executive officer of the Financial Planning Association of Australia.
The service allows the firm's high-net-worth clients to use a variety of third-party asset management firms.
Cultural competency is within reach even as the profession persists with its long-term initiatives.
The firm reported 8,681 financial advisers at the end of September, an increase of 199 compared to the same time last year.
Total annuity sales rose 27% to $79.6 billion in Q3, Limra reported, while fixed-rate deferred annuity sales came in 159% higher than in the same quarter last year.
The deal combines North American and European businesses to create Nuveen Private Capital, a global debt platform with more than $60 billion in committed capital.
The bank will raise $4 billion to fund a years-long reshaping that includes carving out its investment bank and slashing its head count by 9,000.
Americans age 18 and older anticipate they'll need $1.25 million to retire comfortably, a 20% spike since 2021.
It’s a good idea to hold on to correspondence from the Social Security Administration to keep track of your benefits and understand any changes in the monthly amount.
Downeast Private Wealth, led by Lena-Jo Hartley, was affiliated with Investacorp for almost 25 years.
Advisers would have to step up due diligence and monitoring of third-party providers, potentially including those who provide portfolio management and indexing.
A report details unique needs and investing perspectives of women and estimates that failing to tailor products to their needs cost the industry about $14 billion last year.
The company continued to increase revenue per adviser despite the headwinds of the currently stormy stock market.
The cash flowing into dividend-focused exchange-traded funds is already running 25% higher than the record haul secured in 2021.
Guiding jittery clients through rough financial patches is one of the most important things advisers do, but they need to keep themselves from being emotionally drained by the effort.
The president and owner of an Illinois-based health care company failed to make necessary contributions to the retirement plan.
Gary Kurtz and Michael Campos are opening an office in Lexington, South Carolina.
Endowments at private foundations saw double-digit growth in both 2020 and 2021, rising $1.7 billion last year.
