Energy, diversity, climate and compensation among the top concerns for socially responsible investors
Democrats have been trying to restore unlimited deductions for state and local taxes since the 2017 tax law capped the benefit, but the effort will be tricky
As control shifts to Democrats, corporate bonds for climate, infrastructure and other projects likely to grow
All major U.S. benchmarks notched all-time highs, with the Nasdaq up 2.5%, a day after violence rocked the Capitol
Qualified charitable contributions can help offset the tax bill from required minimum distributions — but only with the right timing
Advisers and analysts also cautioned investors and clients not to confuse ugly, divisive political action like riots with what’s happening in the broad stock market, which has been on a record run since March and the advent of COVID-19.
The company was already targeted in another class-action case over the target-date series and managed account options in its plan
It is acquiring woman-led Atlanta Financial Associates, which has $815 million under management
Raleigh-based Captrust swells to $409 billion under advisement with its Southwest expansion
Big mergers can lead to headaches for broker-dealers.
The S&P 500 pared its advance to 0.6% at the close, after rallying as much as 1.5% earlier Wednesday
The managed-account service will stand out in the marketplace because it will be embedded in Vestwell’s technology, rather than located away from a record keeper and within an investment manager’s system, a detail that will help the firm compete on cost
Firm veteran Mandell Crawley takes new job; Elizabeth Dennis will succeed him as head of private wealth management
Whitnell is Rockefeller’s second family office acquisition, following the addition of Silicon Valley-based Financial Clarity in 2019, Rockefeller Capital Management has continued to expand its presence in the Midwest, opening its first Chicago-based Private Wealth Management office in October 2020
The savings vehicles are only available in one adviser-sold program, though 43 states provide direct-sold options
The deal follows other major announcements, including the purchase of Compass Financial Partners and a majority stake acquisition in Sageview Advisory Group
Dale Kramer opens an indie shop, Kramer Wealth Strategies, in upstate New York
Clients are curious about the recent boom in cryptocurrencies, but volatile performance records are keeping some advisers on the sidelines
Consolidation has been a theme of late in the retirement plan adviser world, and private equity has increasingly poured money into the space, which has helped push valuations to high points, leading to ample selling opportunities for adviser firms
A solar energy ETF rallies and inflation expectations climb on the prospect that Democrats will gain control of the Senate
