Morgan Stanley is expanding its partnership with Denver-based Empower Retirement, a large record keeper, to offer a wider array of services in its adviser-sold plans for businesses with retirement plan assets under $50 million.
Through its Morgan Stanley at Work suite of solutions, the company said the joint effort will include access to its stock plan administration services. It will also result in co-branded digital solutions and capabilities, streamlined administration for plan sponsors and financial advisers, and favorable administrative pricing terms through Morgan Stanley.
A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.
The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.
Its SEC filings said one thing - a congressional probe said another.
Sham agreements allegedly padded revenue by 345%.
"Most pre-retirees are uncomfortable making key retirement income decisions without an advisor's help," said Chris Bailey of Cerulli.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
