Edelman Financial Engines has hired Suzanne van Staveren, formerly chief financial officer for Goldman Sachs’ personal financial management group, to be its executive vice president and chief financial officer.
Van Staveren will work on Edelman’s long-term growth strategy and financial objectives and oversee a team of more than 90 professionals at the firm working on finance, strategy and small retirement plans, the company said in a release.
At Goldman, van Staveren helped integrate Ayco, the firm’s workplace financial planning business, and United Capital. Previously, she was chief operating officer of the Americas institutional business within Goldman Sachs Asset Management. Earlier in her career, she worked at Fidelity Investments and AXA in a variety of finance and strategic functions.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
