Advisers affiliated with LPL Financial now have access to an expanded version of a program that provides them with retirement plan administration solutions for small businesses and start-up plans.
The expanded offering, Strategic Market Solution Plus, is a multiple-employer aggregate program that uses Lincoln Financial Group’s record-keeping platform.
“The aggregated support model helps mitigate investment fiduciary risk and creates efficiencies of scale for plan sponsors, reducing the costs and administrative tasks associated with managing retirement plans,” LPL said in a release.
The solution offers Section 3(38) investment management fiduciary services through LPL, while the Retirement Advantage (TRA) offers 3(16) administrative fiduciary services. Sponsors also can opt for payroll services through Paylocity.
Meanwhile, Raymond James snags Edward Jones advisor in Arizona.
New Morgan Stanley research shows retirement planning is a key area where advice is required.
ASA reacts as regulator drops no-deny policy, freeing firms and individuals to publicly dispute allegations after reaching settlements.
Joel Frank allegedly sold more than $39 million worth of investments in the Equilus Funds to more than 90 investors.
The Charity Parity Act would eliminate a costly IRA rollover requirement that blocks direct charitable transfers from workplace retirement plans.
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Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
