West Texas WealthCare will use JFC Financial as its office of supervisory jurisdiction.
Pooled employer plans, or PEPs, could dramatically change the 401(k) business, but only if employers decide to adopt them.
Financial wellness programs depend on data about what workers need, but employees may have concerns about the privacy of their personal information.
The brokerage said a "hyper-partisan environment" led to its decision to stop contributing to political campaigns. However, the company will continue to lobby lawmakers in Washington.
Walmart announced the launch of a new company designed to offer digitally enabled financial products to its customers and employees. Its 265 million weekly customers makes it an attractive distribution channel to expand investing to underserved investors.
The firm's acquisition of the record keeper may be a harbinger for other distributors. Does Raymond James see opportunities to monetize participants in retirement plans, especially given the launch of pooled employer plans?
That guidance comes years after it was requested by industry groups. The Department of Labor regularly investigates employers for the issue of missing participants, but until now it hadn't provided clear steps on how to remedy the problem.
Washington trade associations that represent financial firms and advisers are wrestling with whether and how to change their political action committee policies on donations in the wake of the riot at the U.S. Capitol.
Boston-based Alpha is a retirement consulting firm with 572 clients and about $2.9 billion in assets.
Future innovations in DC plans will come as much from retirement plan advisers and their clients as from the institutional market.
The Morningstar study examined saving, investing and wealth differences between typical in-office employees and remote workers. The latter tend to be older and more highly compensated, both of which correlate with different investing habits.
Pandemic recovery, systemic racism and climate are likely to be the top priorities of socially responsible investors this year, according to Boston Common Asset Management.
It's a good time for firms to take stock of what’s working well and how they can ensure advisers are digitally empowered in the year ahead.
The truth is, your business can thrive in this 'new normal.' Learning effective ways to prospect virtually can be a huge competitive advantage to advisers who embrace it.
The Justice department sued to block the acquisition in November, accusing Visa of trying to buy the financial technology firm to eliminate an emerging threat to its online debit business.
A fledgling operation is hoping to turn back the clock by introducing gold bonds that are purchased and repaid with actual gold, a common practice about 90 years ago before FDR’s Gold Reserve Act put the kibosh on all the fun.
If Gensler is nominated by Biden to be SEC chairman and confirmed by the Senate, he would be the new administration's front-line regulator for Wall Street and the arbiter of what public companies must disclose to their investors.
Revenue sharing fees ultimately make retirement plans more expensive, and funds that include them are disproportionately favored on plan menus, a recent academic paper found.
The second half of fiscal 2020 was tough, the firm reported in its annual proxy statement; CEO Paul Reilly's total compensation fell almost 17% from the prior year and other top executives also saw their pay decline.
John and Evan McCoy run Integrity Financial Services in Lancaster, Pennsylvania, and were previously affiliated with Securities America
