Advisor News

Displaying 26862 results
Empower teases 401(k) platform for small businesses
RETIREMENT PLANNING MAR 27, 2024
Empower teases 401(k) platform for small businesses

The retirement services giant says its forthcoming platform will help advisors and third-party administrators address the access gap for more US workers.

By Leo Almazora
FP Alpha and PreciseFP unveil new tech partnership
FINTECH MAR 27, 2024
FP Alpha and PreciseFP unveil new tech partnership

The new alliance allows more advisors using financial planning software to leverage AI by removing a key friction point.

By Leo Almazora
Avantax adds $250M married duo from Edward Jones
INDEPENDENT BROKER DEALERS MAR 27, 2024
Avantax adds $250M married duo from Edward Jones

The Lockhart, Texas-based advisor couple join the tax-focused wealth planning network with years of experience at a family-owned practice.

By Leo Almazora
Americans dipping into retirement savings as inflation lingers
RETIREMENT PLANNING MAR 26, 2024
Americans dipping into retirement savings as inflation lingers

More than half have taken on debt in response to higher costs, according to an Allianz Life survey.

By Leo Almazora
2023 was boom year for health savings accounts
RETIREMENT PLANNING MAR 26, 2024
2023 was boom year for health savings accounts

Devenir reports that HSAs saw robust growth in invested assets last year, along with increases in contributions and withdrawals.

By Leo Almazora
Retirees in target-date funds still recovering from 2022
RETIREMENT PLANNING MAR 26, 2024
Retirees in target-date funds still recovering from 2022

Morningstar's Target-Date Strategy Landscape report also shows that costs are going down and that CITs are about to surpass mutual funds.

By Emile Hallez
When does proprietary tech make sense for RIAs?
FINTECH MAR 26, 2024
When does proprietary tech make sense for RIAs?

Joint research by F2 Strategy and Dynasty Financial explores trade-offs between in-house, all-in-one solutions, or custodial-dependent models

By Leo Almazora
Repeat flubs at Stifel over complex products: Finra
ALTERNATIVES MAR 26, 2024
Repeat flubs at Stifel over complex products: Finra

Stifel broker-dealers agree to fines and restitution of almost $3 million as a result of shortcomings in supervision and compliance related to sales of non-traditional exchange-traded products.

By Bruce Kelly
Raymond James extends Florida reach with $750M advisor
INDEPENDENT BROKER DEALERS MAR 26, 2024
Raymond James extends Florida reach with $750M advisor

The IBD adds veteran woman advisor with 23 years of industry experience from Charles Schwab.

By Leo Almazora
BlackRock's Fink urges fix for looming 'retirement crisis'
RETIREMENT PLANNING MAR 26, 2024
BlackRock's Fink urges fix for looming 'retirement crisis'

The CEO says politicians and corporate leaders need to rethink the retirement system, and questions whether 65 is still the correct retirement age.

By Bloomberg
Reining in regulation by enforcement
OPINION MAR 26, 2024
Reining in regulation by enforcement

The Financial Services Institute is asking the SEC to adopt a procedural framework to detect and prevent certain unfair enforcement practices.

By Dale Brown
How do asset managers see AI?
FINTECH MAR 26, 2024
How do asset managers see AI?

New report from Mercer Investments reveals consensus on “core technologies,” as well as investment opportunities and risks.

By Leo Almazora
BofA rolls out retirement income portfolios
RETIREMENT PLANNING MAR 25, 2024
BofA rolls out retirement income portfolios

The products, available to Merrill's clients, are designed to provide retirees with reliable income over 25 years.

By Leo Almazora
Schlichter explores pension risk transfer lawsuit against Alcoa
LIFE INSURANCE AND ANNUITIES MAR 25, 2024
Schlichter explores pension risk transfer lawsuit against Alcoa

The law firm, which has brought two cases this month over pension risk transfers, is looking for participants and beneficiaries of Alcoa's pension plan.

By Emile Hallez
Avantax president accounts for a brand-new era
INDEPENDENT BROKER DEALERS MAR 25, 2024
Avantax president accounts for a brand-new era

While the firm is best known for its tax expertise, Todd Mackay is talking about relationships and creating connections.

By Gregg Greenberg
Wells Fargo Advisors continues management overhaul
INDEPENDENT BROKER DEALERS MAR 25, 2024
Wells Fargo Advisors continues management overhaul

Reshuffle is 'a result of the brain drain,' says one senior industry executive.

By Bruce Kelly
Raymond James scoops up $265M advisor in Pennsylvania
INDEPENDENT BROKER DEALERS MAR 25, 2024
Raymond James scoops up $265M advisor in Pennsylvania

The latest recruit to join the firm’s independent advisor channel comes with a three-decade record, including 10 years at Merrill Lynch.

By Leo Almazora
Environmentalists, conservatives sue SEC over climate rule
REGULATION AND LEGISLATION MAR 25, 2024
Environmentalists, conservatives sue SEC over climate rule

If anyone needed proof that many groups are unhappy with the rule, both the Sierra Club and US Chamber of Commerce have filed court papers.

By Emile Hallez
Finra orders Morgan Stanley to pay ex-brokers roughly $3M
INDEPENDENT BROKER DEALERS MAR 25, 2024
Finra orders Morgan Stanley to pay ex-brokers roughly $3M

An arbitration panel rules in favor of former advisors who claimed the firm had delayed compensating them for their work, violating ERISA rules.

By Leo Almazora
LPL swipes $580M team from Merrill Lynch
RIA NEWS MAR 25, 2024
LPL swipes $580M team from Merrill Lynch

The Florida-based sibling advisors are carrying on their father’s legacy with an RIA focused on high-net-worth families and business owners.

By Leo Almazora