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.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
