RIA News

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Fink takes aim at private companies
RIA NEWS NOV 04, 2021
Fink takes aim at private companies

BlackRock CEO Larry Fink says public markets can’t navigate path to net zero alone, and shares his view on ‘reimagining emerging markets.'

By Natalie Kenway
'Next best dollar,' a benefits application for retirement plan advisers
RETIREMENT PLANNING NOV 03, 2021
'Next best dollar,' a benefits application for retirement plan advisers

There's a war for talent heating up, fueled by the Great Resignation and more workers retiring as a result of the pandemic, which makes benefits more important than ever.

By Fred Barstein
Where you live correlates with old-age employment: Report
RETIREMENT PLANNING NOV 03, 2021
Where you live correlates with old-age employment: Report

Areas with high racial diversity, concentrations of low-wage jobs, higher mortality rates and other factors tend to have lower employment rates for people 60 to 69, according to a recent NBER paper.

By Emile Hallez
Six-adviser group managing $875 million goes RIA through Dynasty
RIA NEWS NOV 03, 2021
Six-adviser group managing $875 million goes RIA through Dynasty

Team leader Bryan Sweet had been with Raymond James for 32 years.

By InvestmentNews
Head of defunct broker-dealer charged with fraud
ALTERNATIVES NOV 03, 2021
Head of defunct broker-dealer charged with fraud

Thomas Brenner, former CEO of First American Securities of Orrville, Ohio, is facing seven fraud charges linked to sales of private placements.

By Bruce Kelly
DOL rule delay hardly a reason for advisers to celebrate
RETIREMENT PLANNING NOV 03, 2021
DOL rule delay hardly a reason for advisers to celebrate

The rollover recommendation disclosures will 'get Monday-morning quarterbacked every time the market takes a dive,' one lawyer noted.

By Emile Hallez
LPL snags $350 million Cetera team
INDEPENDENT BROKER DEALERS NOV 03, 2021
LPL snags $350 million Cetera team

Ohio-based River Cities Financial Services is led by Michael Anthony.

By Bruce Kelly
OneAmerica launches plan as alternative to MEPs, PEPs
RETIREMENT PLANNING NOV 03, 2021
OneAmerica launches plan as alternative to MEPs, PEPs

The new OneConnect product allows plan advisers to act in a 3(21) or 3(38) role.

By InvestmentNews
Hedging inflation requires tiptoeing through TIPS
ETFS NOV 03, 2021
Hedging inflation requires tiptoeing through TIPS

Treasury inflation-protected securities have become the hottest ticket in 2021 as messages about 'transitory' inflation clash with reality.

By Jeff Benjamin
Goldman Sachs, Ascensus create small-business retirement plan
RETIREMENT PLANNING NOV 03, 2021
Goldman Sachs, Ascensus create small-business retirement plan

The Goldman Sachs Workplace Retirement Solution uses the Ascensus platform to provide an integrated 401(k) or 403(b) plan that includes digital advice and digital financial wellness support.

By InvestmentNews
Mercer acquires $1.3B Georgia RIA
RIA NEWS NOV 02, 2021
Mercer acquires $1.3B Georgia RIA

Atlanta-based ACG Wealth was founded in 2002.

By InvestmentNews
Recruiter cites rumblings from Merrill advisers about Project Thunder
OPINION NOV 02, 2021
Recruiter cites rumblings from Merrill advisers about Project Thunder

The common theme advisers share is that despite this effort, the firm's leadership is still quite disconnected from their real concerns.

By Mindy Diamond
Vestwell to buy BNY's Sumday auto-IRA and 529 business
RETIREMENT PLANNING NOV 02, 2021
Vestwell to buy BNY's Sumday auto-IRA and 529 business

The deal would catapult Vestwell to serving as program manager for nearly $20 billion, with the acquisition adding about 800,000 participants and 17,000 small employers to its book of business.

By Emile Hallez
Ex-Texas adviser gets 3 life sentences for $32 million Ponzi
REGULATION, LEGAL & COMPLIANCE NOV 02, 2021
Ex-Texas adviser gets 3 life sentences for $32 million Ponzi

William Neil "Doc" Gallagher courted victims with Bible-thumping zeal and loads of Texas charm.

By Bruce Kelly
RIA tech stacks: Can't we all just get along?
OPINION NOV 02, 2021
RIA tech stacks: Can't we all just get along?

In the tech world, integration will not only help you 'future-proof' your tech stack, but also help make any tech missteps easier to fix.

By [email protected]
Wait-and-see works better than overreacting to possible tax changes
REGULATION, LEGAL & COMPLIANCE NOV 02, 2021
Wait-and-see works better than overreacting to possible tax changes

Listen to a particular client's needs rather than the noise in Washington, advisers said at the IN Retirement Income Summit.

By Mark Schoeff Jr.
CI Financial adds $4.1 billion with acquisition of R.H. Bluestein
RIA NEWS NOV 02, 2021
CI Financial adds $4.1 billion with acquisition of R.H. Bluestein

The Canadian aggregator makes it first move into Michigan and shows no signs of slowing the rapid pace of its dealmaking.

By Jeff Benjamin
Bitcoin investing without the roller-coaster ride
ALTERNATIVES NOV 02, 2021
Bitcoin investing without the roller-coaster ride

Two tech platforms team up to launch a low-volatility cryptocurrency model portfolio for less adventurous investors in digital assets.

By Jeff Benjamin
IN’s Mary Beth Franklin wins coveted EPPY Award
RETIREMENT PLANNING NOV 01, 2021
IN’s Mary Beth Franklin wins coveted EPPY Award

Her 'On Retirement' column was named the best business/finance blog in its size category by Editor & Publisher.

By InvestmentNews
Financial literacy bill would add portal to Education Department website
REGULATION, LEGAL & COMPLIANCE NOV 01, 2021
Financial literacy bill would add portal to Education Department website

The Financial Fitness Act would provide resources for student borrowers on 'core personal finance concepts such as budgeting, saving and investing.'

By InvestmentNews