RetireOne, an independent fee-based insurance platform, working with Dimensional Fund Advisors and Midland National Insurance Co., has added three asset allocation models and 38 institutional-class mutual funds and ETFs to its zero-commission contingent deferred annuity.
The annuity, launched last October and known as Constance, allows registered investment advisers to wrap client brokerage accounts, individual retirement accounts or Roth IRAs with an annuity.
“Adding Dimensional’s research and expertise in asset allocation and model management strengthens the Constance offering,” said Edward J. Mercier, President of RetireOne.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
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
