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.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
