Alerus serves as the designated 3(16) plan administrator and T. Rowe Price serves as record keeper.
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
RIA Lab session looks at the insurance industry's evolution toward providing custodial-like relationships with advisers.
A roundup of quick news items for the weekend, along with a bit of commentary from yours truly.
Software helps advisers incorporate clients' Medicare expenses into their retirement plans.
The three advisers, based in Spokane, Washington, will operate as Panorama Wealth Management of Raymond James.
DOL acting assistant secretary Ali Khawar isn't reassured by the consumer safeguards included in Fidelity's Bitcoin offering for retirement plans.
Infinex Investments Inc. has 750 financial advisers at bank and credit union programs who control more than $30 billion in client assets.
More people were saving for retirement in Q1, data show. Unfortunately, the market's sell-off caused them to lose money.
The Fifth Circuit Court of Appeals said the agency's house of in-house judges violated a hedge fund manager's constitutional right to a jury trial.
Investors with a minimum of $100,000 can receive financial planning and ongoing guidance from an adviser for an annual fee ranging from 0.75% to 0.85%.
RIAs aren't adequately disclosing arbitration clauses in client contracts and are forcing clients into expensive dispute forums, the groups said.
After the partnership missed its deadline to file audited financial statements in 2018 for its two largest private funds, the entire GPB enterprise struggled.
Financial advisers are increasingly worried about securing client information and the consequences of a data breach, but iCapital has a new idea about how to make it safer for advisers to access its network of alternative assets.
The agency has been sending firms lists of key positions including heads of certain investment banking teams or trading desks.
Perhaps the biggest concern for RIAs contemplating a sale is how it would affect their employees and clients.
Voya Investment Management will add about $120 billion of assets under management as well as some investment teams.
The Telemessage technology, combined with existing services from Smarsh, will assist in the ongoing struggle to monitor private messaging apps used by employees at financial services firms.
Firms should be watching out for employees chatting on WhatsApp, as well as brokers in need of heightened supervision and complex products being sold to retail customers.
The agreement calls for the firm to forfeit $463 million and pay $3.2 billion in restitution to victims of the fraud as well as a $2.3 billion penalty.
