J.P. Morgan Asset Management says that advisers should plan for 35 years in retirement for clients, rather than the previous 30 years, as average life expectancy continues to increase.
Even with a long runway — the rule became effective last May 4 with an implementation deadline of Nov. 4 — getting ready for the measure has become a top compliance worry for advisers.
According to a new study published by The Vanguard Group Inc., the vast majority of advised clients aren't interested in totally digital advice.
The asset manager will use customized technology from iCapital to facilitate its clients' use of its offerings of alternative investments.
Richard DeYoung and Jessica Boehm opened their new firm, Highland Wealth Partners, in The Woodlands, Texas, and affiliated with LPL's Strategic Wealth Services.
The Swiss bank also identified 'a small number' of wealth management clients who were sanctioned in response to Russia's invasion of Ukraine.
The number of small businesses is growing, in some part due to unhappy workers leaving jobs to set up shop on their own. That has led to more startup 401(k) plans.
The increase in remote work, conducted over networks that may not be secure, as well as the widespread use of mobile apps, have added a new level of risk.
The size of the agency's examination staff hasn't increased meaningfully in recent years and it can't keep up with the growth in advisers, an official said.
The company's benefits equity scorecard can help employers match the benefits they provide to employees' needs.
A rough calculation puts the independent broker-dealer's forgivable loans at $773 million at the end of last year, up 84% from $419 million a year earlier.
The lawsuit filed in 2020 questioned the plan's procedures for selecting prudent investments and alleged it failed to properly monitor record-keeping fees.
Incorporating long-term planning to account for higher spending after age 80 can help clients retire with the quality of life they deserve while ensuring they don’t run out of money.
The new director of the SEC Division of Investment Management, William Birdthistle, makes his public debut at the Investment Adviser Association conference.
The latest edition of the Robo Report by Backend Benchmarking tracks 58 accounts at 35 different providers and includes both qualitative factors, such as financial planning features, as well as the performance metrics.
The index-based strategy, which has been described as 'baby steps' into the crypto space, will not offer direct exposure to digital currencies.
Cambridge says it is prepared to defend itself against the SEC's allegations.
The bank's RIA unit will pay $30 million into an SEC fund to be distributed to harmed investors.
Louisville, Kentucky-based Taylor Advisors specializes in serving financial institutions.
The funds are used less by older workers, but they allocate more of their assets to those funds, EBRI found.
