Fintech and digital record keeper Vestwell is among about three dozen firms that have registered as pooled plan providers with the DOL, but the firm does not yet have information on pricing and plan design for a potential PEP product.
More than $1 billion poured into a pair of clean-energy exchange traded funds last week as the as the Democratic wins in the Georgia runoff increased the odds that President-elect Joe Biden’s energy policies will come to fruition.
Advisers have been largely optimistic about stock indexes since markets began their initial rebound from the COVID-19 shock, but the gap between their expectations for equities and the overall economy has narrowed.
Sustainable debt market grew in 2020 to $732 billion, an increase of 29%, thanks to social bond issuance.
First course helps advisers identify planning opportunities in tax returns.
Small-cap stocks, which tend to be more cyclical and more volatile, have eclipsed the performance of the stocks of larger companies by most measures over the past nine months. Progress on a COVID vaccine and the reopening of the economy bodes well for more big gains by small-cap funds this year.
The companies that are temporarily halting or rethinking how they donate money to politicians via PACs, or political action committees, are some of the most prominent platforms for financial advisers and registered reps in the industry, including Bank of America Corp., Morgan Stanley and Charles Schwab Corp.
Social Security benefits are typically calculated using your highest 35 years of indexed earnings.
McGee Wealth Management, a Portland, Oregon-based firm with 800 clients and $815 million in assets under management, is leveraging the sale for succession planning.
The combination of Los Angeles-based B. Riley and New York-based National Holdings will result in a firm with roughly 900 registered representatives and $29 billion in client assets.
In the first week of the new year, eight significant deals involving advisory firms were announced and a total of $159.6 billion in assets changed hands. Among the buyers and sellers — including Hightower, Sageview Advisory Group and Aquiline Capital Partners — were some of the most significant names in the burgeoning RIA industry.
Clients look to advisers for stability — especially when everything we thought as a nation about our republic was thrown into question in just a few short hours
Will more stimulus, curbing COVID-19 and releasing pent-up demand fuel a second-half surge?
The twin wins give Democrats operational control of the Senate, which is split 50-50s. While Democrats claim the majority because of the tie-breaking vote of Vice President-elect Kamala Harris, they hardly have free rein to advance legislation.
Under the measure, which the Financial Industry Regulatory Authority Inc. first released in May 2019, the broker-dealer self-regulator would use numeric thresholds for regulatory disclosures to identify firms that pose a heightened risk to investors.
There are now five companies offering downside protection through buffered ETFs, and two more firms with products in the filing stages
The plaintiff failed to raise issues with the company's process of selecting and monitoring funds, a judge wrote
Energy, diversity, climate and compensation among the top concerns for socially responsible investors
Democrats have been trying to restore unlimited deductions for state and local taxes since the 2017 tax law capped the benefit, but the effort will be tricky
As control shifts to Democrats, corporate bonds for climate, infrastructure and other projects likely to grow
