Independent Financial Partners, a Tampa, Florida-based broker-dealer and registered investment adviser managing $12.1 billion in assets, said it will offer the Sallus Retirement pooled employer 401(k) plan through its affiliated advisers, many of whom serve small businesses and their owners.
Pooled employer plans let unrelated companies pool their 401(k)s into a single retirement plan, giving them the scale afforded larger companies and letting small firms avoid the administrative burdens of running a 401(k).
Sallus Retirement, based in Berwyn, Pennsylvania, is an independent pooled plan provider whose PEP is fully digital.
AI-driven job fears are weighing on retirement confidence, especially among Gen Z and Millennials, Thrivent survey finds
It’s the second time in as many years regulators have penalized Centaurus Financial for lack of compliance with Reg BI.
AI Teammate is embedded within Wells Fargo’s Advisor Gateway desktop platform.
Elsewhere, Ameriprise added a $470 million Wells team in New York, while an ex-Morgan Stanley advisor bolsters UBS' Austin, Texas office.
Financial advisors play an essential role in helping small business owners navigate their transition out of the company — and into retirement.
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
