Kestra Financial, an Austin, Texas-based broker-dealer and registered investment adviser, has entered into an agreement allowing its advisers to use Envestnet retirement plan tools on the Kestra platform.
The tools, which are “designed to elevate retirement plan solutions,” are available at no additional cost to Kestra’s affiliated financial professionals, the firm said in a release.
Among the features available are a plan management dashboard providing an aggregate look at key metrics; analytics, research and report-generating capabilities; and RFP and vendor search tools.
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
