Libra Insurance Partners and Insurance Designers of America have agreed to merge.
WealthSuite offers fund and ETF model portfolios that are intended to save time for the firm's more than 750 advisers.
Tom Bradley of Schwab reiterated his promise to advisers that there will be no repapering of clients and that most firms will be able to keep their service teams.
The five-adviser, 16-person group known as The Promus Wealth Management Group has joined RBC Wealth Management in Indianapolis.
For the three months that ended Sept. 30, SEI’s investment adviser business brought in $109.56 million, down 12% from same period in 2021.
The service allows the firm's high-net-worth clients to use a variety of third-party asset management firms.
The firm reported 8,681 financial advisers at the end of September, an increase of 199 compared to the same time last year.
Some view it as a political issue, but demand is strong, and asset managers appear undeterred.
Total annuity sales rose 27% to $79.6 billion in Q3, Limra reported, while fixed-rate deferred annuity sales came in 159% higher than in the same quarter last year.
The deal combines North American and European businesses to create Nuveen Private Capital, a global debt platform with more than $60 billion in committed capital.
The bank will raise $4 billion to fund a years-long reshaping that includes carving out its investment bank and slashing its head count by 9,000.
Americans age 18 and older anticipate they'll need $1.25 million to retire comfortably, a 20% spike since 2021.
It’s a good idea to hold on to correspondence from the Social Security Administration to keep track of your benefits and understand any changes in the monthly amount.
Downeast Private Wealth, led by Lena-Jo Hartley, was affiliated with Investacorp for almost 25 years.
A report details unique needs and investing perspectives of women and estimates that failing to tailor products to their needs cost the industry about $14 billion last year.
The company continued to increase revenue per adviser despite the headwinds of the currently stormy stock market.
The cash flowing into dividend-focused exchange-traded funds is already running 25% higher than the record haul secured in 2021.
Guiding jittery clients through rough financial patches is one of the most important things advisers do, but they need to keep themselves from being emotionally drained by the effort.
The president and owner of an Illinois-based health care company failed to make necessary contributions to the retirement plan.
Gary Kurtz and Michael Campos are opening an office in Lexington, South Carolina.
