Displaying 53 results
Finra slaps MassMutual B-D with $250,000 fine for not promptly reporting customer complaints
The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.
MassMutual indie broker-dealer to offer Bitcoin fund to clients
MML Investors Services has entered into a placement agent agreement with NYDIG, a provider of technology and investment solutions that focuses on Bitcoin.
MassMutual reps managing $400 million switch to LPL
Alicia Curtis and Jyl Barnard of Curtis Barnard Financial Services and Chris Dearing of Riverfront Financial share an office in Peoria, Illinois.
Cetera snags $2.4 billion team from MassMutual
Called Totus Wealth Management, the group had been registered until the end of last month with MML Investors Services, the broker-dealer arm of MassMutual, the insurance company, according to BrokerCheck.
Bitcoin specialist NYDIG raises $100 million
Property and casualty insurers join life and annuity investors already backing the company.
Third of near-retirees fail basic Social Security quiz
The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.
MassMutual to buy Great American Life Insurance
The deal will reinforce MassMutual’s focus on its retail annuities business. Last year, the company sold its defined-contribution record-keeping business to Empower Retirement via a reinsurance transaction with a ceding commission of $2.35 billion.
The latest in financial #AdviserTech — January 2021
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers!
MassMutual to buy cash management platform Flourish
The acquisition, slated to close early next year, addresses the 2020 industry shift toward technology-enabled financial planning
Mass Mutual team managing $250 million affiliates with LPL
Trivium Point Advisory in Tarrytown, New York, also does tax prep
160 at MassMutual face layoffs due to Empower deal
About 90% of a group of 2,000 MassMutual workers have been informed that they will receive job offers, according to the companies
MassMutual 401(k) deal wins Empower valuable clients
Empower will also get its foot in the door with one big broker-dealer
Empower to buy MassMutual’s 401(k) business
The deal will bump the plan provider's assets under administration to $834 billion, the companies announced
$200 million unit at Wisconsin bank moves to LPL from MassMutual
Summit Street operates in 14 branches of Oconomowoc’s Bank Five Nine
Pru is one contender for MassMutual’s retirement business
There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas
MassMutual looks to sell retirement biz: report
The financial services firm sold its OppenheimerFunds business a couple of years ago
Mass Mutual team managing $460 million affiliates with LPL
Twenty-Four Wealth Management will also use Stratos Wealth Partners
Insurer lures young annuity buyers by invoking parents’ financial woes
MassMutual has a new annuity designed for customers who fear they'll have to help cash-strapped parents in later life.
401(k) record keepers competing with advisers on financial wellness
Advisers are also concerned that these programs are serving as distribution outlets for proprietary financial products.
Commonwealth Financial, MassMutual strike software deal
MassMutual will license Commonwealth's proprietary adviser software, Advisor360.
