Regulator says new type of VA is highly complex and uses structured products — not mutual funds — in the sub account as the underlying investment.
CEO Rob Francais turns RIA sellers into owners
New T shares would feature a uniform 2.5% front-end load and a 0.25% trailing 12-b(1) fee.
$300M adviser launches firm in Naples, Fla., to serve affluent individuals and families.
Copycat lawsuits targeting 403(b) plans, as well as litigation probing a fiduciary's duty to monitor investments, the DOL fiduciary rule, church retirement plans and cybersecurity issues are likely to crop up this year.
While we can't foresee what the next four years may bring, we know that one thing under our control is the disciplined deferral of gains and routine harvesting of losses.
Firm's `100-year-plan' includes future deals in March and June, says CEO Rob Francais.
Mr. Casady will continue to work with Vestigo Ventures, a venture capital firm based in Cambridge, Mass.
These pointers can help advisers reduce confusion for new required minimum distribution clients.
But there are easier ways to give to charity that still afford donors a lot of control.
Amy Webber will become the firm's new chief executive, while Mr. Schwartz takes on the role of executive chairman.
Mergers can represent a very useful strategic path where the owner of the merged entity becomes part owner in the surviving entity.
Financial advisers are feeling heightened pressure from regulators and clients, Natixis finds.
Keep money goals in line with reality and encourage clients along their journey
Implementing a financial wellness program without any means of measuring its success is a failure, according to advisers and analysts.
In fiscal year 2016, the $905 billion spent on Social Security benefits accounted for nearly one-quarter of federal spending.
The team had $288 million in client assets and generated $1.7 million in fees and commissions annually.
The new head of one of the largest independent broker-dealers served as head of wealth management at UBS's Advisor Group Americas.
The wirehouse is facing a raft of customer complaints tied to its sales of the commonwealth's municipal bond funds.
