In other cases, claims have been dismissed against several plan sponsors, including Prudential and Eversource Energy.
Legislators are preparing to raise taxes on those earning more than $400,000, but almost everything about the tax package is up in the air, including the new rates and when the various provisions go into effect.
Advisers can use their tech stack to seamlessly track the opportunities best suited for each client and recommend appropriate actions that result in long-term change.
Komansky, who joined Merrill Lynch as a stockbroker, expanded the firm around the globe as its chairman and CEO during the bull markets of the 1990s.
A recent Financial Industry Regulatory Authority Inc. rule change gives reps five years to return without having to retake qualifying exams.
A discussion about what to wear on a casual Friday took an ugly turn, according to the former TD Ameritrade employee. CEO Walt Bettinger said harassment is unacceptable, and the firm will investigate the claims.
With valuations of financial planning and wealth management shops at record highs and private equity focusing on the space, it would seem prudent for firms to at least research their options.
The SEC charged Robert Press, the former CEO of TCA Fund Management, and Donna Silverman, its former chief portfolio manager, with inflating net asset values.
Veteran advisers in Oklahoma and Utah affiliate with Cetera through Texas-based Farpointe Wealth Partners.
The solution, which targets retirement plans with up to $2 million in assets, is built on a large-plan platform and can accommodate growth.
Looming over the RPA Record Keeper Roundtable and Think Tank was the convergence of wealth, retirement and health at work.
The company's retirement solutions group is looking for both entry-level and experienced staff.
Praxis Consulting, based in Sacramento, California, has $240 million in retirement plan assets and $110 million in personal advisory assets.
This month's #AdviserTech roundup includes Riskalyze’s recapitalization, RightCapital’s launch of retirement decumulation tools, Veriti’s crossing $1 billion of AUM, and American Express partnering with BodesWell to return to the financial planning business 16 years after spinning off Ameriprise.
Self-directed IRAs are a growing area of concern at the state level, as enforcement actions more than doubled last year.
The team, including James Wendling, Steven VanDerSchaaf andClint Allman, have moved to the employee unit of Raymond James in Davenport, Iowa.
The $160 million round is the largest to date for the leading independent robo-adviser. The latest influx will be used to accelerate its business-to-business arms, particularly its 401(k) offering.
The problem has continued its upward trajectory, said the lawyers organization, since releasing its first report in 2016.
About 70% of people surveyed said they would choose a job with that feature over a similar one without it, according to a survey by TIAA.
Merrill Lynch rolls out a new mobile app for advisers to access all the information on their adviser dashboard via their smartphones.
