Pershing has cancelled its annual Insite conference, which was scheduled for June 10-12 in Chicago, saying that the decision was “very difficult” to make, but necessary in light of health concerns due to the Covid-19 pandemic.
The firm said the next Insite conference will be held June 8-10, 2021, in Orlando, Fla.
Pershing joins a number of other financial services firms and regulators that have cancelled or postponed conferences. Finra cancelled its annual conference, which was scheduled for May.
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
