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Advisers address clients' market jitters as election anxiety runs high
INDUSTRY NEWS SEP 10, 2020
Advisers address clients' market jitters as election anxiety runs high

No matter who wins, advisers note that markets usually go up

By Mark Schoeff Jr.
Texas revokes license of rep for  Woodbridge Wealth sales
REGULATION AND LEGISLATION SEP 10, 2020
Texas revokes license of rep for Woodbridge Wealth sales

Kim Diane Butler breached fiduciary duty by receiving $300,000 in commissions on the sales

By InvestmentNews
401(k)s were considering annuities -- then COVID-19 hit
RETIREMENT PLANNING SEP 10, 2020
401(k)s were considering annuities -- then COVID-19 hit

The pandemic has shifted plan sponsors' priorities, according to a survey from T. Rowe Price

By Emile Hallez
Impact of raising the Social Security taxable wage base
RETIREMENT PLANNING SEP 10, 2020
Impact of raising the Social Security taxable wage base

Taxing more earnings would improve the finances of the Social Security trust fund; it might also boost benefits

By Mary Beth Franklin
Q&A: WealthConductor CEO Sheryl O'Connor
RETIREMENT PLANNING SEP 10, 2020
Q&A: WealthConductor CEO Sheryl O'Connor

The fintech's leader talks retirement savings software in the age of COVID-19 and what the industry lacks in gender equality

By Nicole Casperson
Wells Fargo adviser managing $500 million goes indie with LPL
BROKER DEALERS SEP 10, 2020
Wells Fargo adviser managing $500 million goes indie with LPL

Anthony Frigoletto forms River’s Edge Wealth Partners in Red Bank, New Jersey

By InvestmentNews
UBS suggests wealth clients opt for sustainable investing
ESG SEP 10, 2020
UBS suggests wealth clients opt for sustainable investing

Firm says ESG portfolio can provide similar or better results than traditional investments

By Bloomberg
Captrust acquires retirement business of Plante Moran
RIAS SEP 10, 2020
Captrust acquires retirement business of Plante Moran

Deal for Michigan-based unit adds $6.27 billion in institutional assets

By InvestmentNews
Hybrid wholesaling coming for the 401(k) market
RETIREMENT PLANNING SEP 09, 2020
Hybrid wholesaling coming for the 401(k) market

What the trend means for retirement plan advisers

By Fred Barstein
UBS will boost fees to get clients out of costly cash
WIREHOUSES SEP 09, 2020
UBS will boost fees to get clients out of costly cash

Firm is trying to reduce cash holdings amid persistently negative interest rates

By Bloomberg
Wells Fargo Advisors puts limits on dining with clients
PRACTICE MANAGEMENT SEP 09, 2020
Wells Fargo Advisors puts limits on dining with clients

The firm joins Merrill Lynch in revamping policies around client perks

By Bruce Kelly
Until Reg BI enforcement starts, we’ll have to take brokers’ word it’s working
REGULATION AND LEGISLATION SEP 09, 2020
Until Reg BI enforcement starts, we’ll have to take brokers’ word it’s working

Or you can rely on state securities regulators to provide data about advice reform

By Mark Schoeff Jr.
Building a better asset management industry requires more women and minorities
PRACTICE MANAGEMENT SEP 09, 2020
Building a better asset management industry requires more women and minorities

Asset management is a 'great career for women' from logistics perspective, speaker says

By Jeff Benjamin
Congressman wants to slow mutual fund fee litigation
MUTUAL FUNDS SEP 09, 2020
Congressman wants to slow mutual fund fee litigation

Plaintiffs would face a hurdle in filing 36(b) claims against fund providers

By Emile Hallez
People of color feel ready for retirement but may not be, study finds
RETIREMENT PLANNING SEP 09, 2020
People of color feel ready for retirement but may not be, study finds

Allianz says their potential misinterpretation of the situation may put retirement at risk

By InvestmentNews
How our response to the pandemic created a better normal
OPINION SEP 09, 2020
How our response to the pandemic created a better normal

Robust communication encouraged our clients to continue with their investment strategies

By Scott Hanson
Morgan Stanley team managing $383 million moves to Baird
BROKER DEALERS SEP 08, 2020
Morgan Stanley team managing $383 million moves to Baird

The four-person Parker Group will open a new branch for Baird in Columbia, Tennessee

By InvestmentNews
MassMutual 401(k) deal wins Empower valuable clients
RETIREMENT PLANNING SEP 08, 2020
MassMutual 401(k) deal wins Empower valuable clients

Empower will also get its foot in the door with one big broker-dealer

By Emile Hallez
Former GPB compliance chief pleads guilty to misdemeanor
ALTERNATIVES SEP 08, 2020
Former GPB compliance chief pleads guilty to misdemeanor

The former SEC examiner was charged with obstruction of justice, a felony, last year

By Bruce Kelly
An open letter to Corporate America: I can't feel my pain
OPINION SEP 08, 2020
An open letter to Corporate America: I can't feel my pain

Northern Trust executive Shundrawn Thomas reflects on the state of race relations in the workplace, and in his heart

By Shundrawn Thomas