Duckett succeeds Roger Ferguson Jr., who had announced his plans to retire. She was most recently CEO of Chase Consumer Banking.
A custom passive separately managed account (SMA) may hold distinct tax advantages for investors. Explore the benefits of transitioning from traditional ETFs to custom SMAs.
Data suggest that the adoption of the SEC’s vague Regulation Best Interest and the abandonment of a strengthened DOL standard for retirement accounts have already cost savers billions of dollars in lost returns.
Cetera is offering a standard range of transition money to Voya's 900 advisers while LPL is flexing its muscle, according to several market sources.
SPAC deals are dominating the market as a convenient shortcut that allows fintechs to go public without the hassles involved in pursuing an initial public offering.
Walsh says he will tell EBSA to reexamine the regulation, which an expert says has led to ESG products being taken off of retirement plan platforms.
The manager of the Infinity Q liquid alt fund was fired after being accused of fudging asset values. The fund could not value its assets for purposes of calculating its net asset value.
Annual Allianz retirement study found earlier retirement, more strained personal finances
The funds are the first ETFs to track the environmental, social and governance versions of the indexes. The DWS suite of ESG ETFs come with a tracking error of about one percentage point.
Oregon’s Price Financial Group will use Carson's resources, including infrastructure and technology.
Retirement plan advisers have to choose one client over the interest of others – and that affects the services they provide, their fiduciary responsibilities and profitability.
Retirees in the pension plan of Philips North America will receive the same monthly benefit.
The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits.
The competition for high-quality advisers and advisory firms, combined with an insatiable thirst for growth, is creating more choices for advisers as to both whom they partner with and how they choose to structure that relationship.
State regulators have been expressing concern that new fee structures sometimes don’t align with services provided. The issue will continue to be a priority this year.
Most of the new PEPs clients have not previously offered a retirement plan to their employees, often because of the administrative burden of setting up a 401(k).
Speakers at Women in Asset Management summit say diversity and inclusion efforts can begin anywhere.
Privately held companies using law firm Wilson Sonsini's capitalization software will migrate to Morgan Stanley's Shareworks.
The activist investor reportedly is pushing Principal to focus more on its wealth management operations and less on the life insurance business.
Nico Marais will stay on as CEO of the $603 billion business after the sale to GTCR and Reverence Capital Partners, while there will be fresh faces on the board.
