A transaction could value the robo-adviser, which has drawn interest from banks and special purpose acquisition companies, at as much as $1.5 billion.
Mercy Health Corp. was sued last year over plan fees and investment options. Separately, a new lawsuit was filed against Olin Corp.
The woman-led management team retains a majority stake in the firm, while investor Abry Partners is exiting.
The transaction marks the first time a top-five RIA has acquired a top-five retirement plan adviser firm, which could send Creative Planning's rivals scrambling to find larger RPAs.
Developing a tailored regulatory filing form for RILAs could help investors better understand the product. The proposal has the backing of the insurance industry and investor advocates.
Opponents of Washington's long-term care insurance program are claiming that it violates a handful of laws.
New York’s Kuttin Wealth has attracted a large team from 1879 Advisors and another adviser from Cadaret Grant.
Winget Benton Wealth Management is comprised of advisers Al Winget, Rob Benton and Andrew Robson. The advisers are moving to LPL's recently launched employee adviser channel.
Successful advisory firms can act swiftly when an opportunity arises because they've already taken steps to position themselves to do so.
The Ohio-based advisory firm adds its second Buckeye State RIA this year with the purchase of NCA Financial Planners.
Seven industry notables offer their views on what the financial advice business will look like in coming years.
The prevailing trend of advisers going independent has only gathered steam, according to third-quarter Advisers on the Move data.
Annuities have evolved considerably over the past decade. New iterations may be uniquely suited for today’s market challenges.
Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, but punted the hardest decisions into the future.
The 15% hike in the Medicare Part B premium is one of the largest annual increases in Medicare’s history, as COVID-related expenses and a new Alzheimer drug drive costs higher.
At the same time, the average IRA balance saw a slight uptick. A recent survey shows many people have low estimates of how much they will need to retire, and a paper explores the need to update the 4% rule.
As more advisers and pundits lean toward heavier allocations to stocks over bonds, there are still ways and reasons to benefit from fixed income.
The eight-member Atlantic Group has offices in Palm Beach, Florida, and Bethesda, Maryland.
We want to hear about your views on ESG strategies, how your attitude about ESG has changed, and how you expect fund managers to adapt.
After acquiring 25 U.S. RIAs over the past 24 months, the Toronto-based aggregator is taking a minority stake in GLASfunds, a $1 billion alternative investments platform.
