IMA Wealth, the retirement plan unit of IMA Financial Group, has created a retirement program for businesses whose plans have less than $10 million in assets.
Called IMA Wealth One Source, the program is offered with Alerus, which serves as the designated 3(16) plan administrator, and T. Rowe Price, which serves as record keeper.
IMA Wealth One Source offers a wide range of plan sponsor services, integrated participant communications, flexible investment options and full flexibility in plan design, IMA said in a release. The program includes a dedicated participant call center and an online platform which provides access to additional tools and resources.
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
