Adviser Product Partnerships
Crystal Capital teams with SS&C to ease alternative investment process; BridgeFT powers Yayati for more personalized investing applications; Nassau Financial...
News
Financial Advisers Feeling Starved of Time with Clients, J.D. Power Reports
Additionally, one in five advisers said they were less than five years away from retirement.
Some Silver Linings For Student Loan Borrowers
Despite the Supreme Court striking down the student loan debt relief program, there is some good news for debtors.
Pontera Says Rollover Not Always Superior to 401(k)
New findings reveal 59% of advisers opted not to roll over a client's 401(k) into an IRA in 2022.
Advisory M&A
Heffernan announces acquisition of Barbary; Procyon Partners adds two senior advisers; WP Financial acquires Sage Financial Design.
Inside the Deal: What Makes Retirement and Wealth M&A Stick?
Aggregators discuss the importance of a robust onboarding protocol that ensures an acquired advisory is set up for continued growth.
Best Practices for Scaling a Retirement Advisory Firm
Growing a practice isn’t easy, especially amid a tight labor market. What are some best practices in growing a retirement...
The Business Benefit to Succession Planning
Planning for the future of a retirement plan or wealth advisory isn’t just about the years ahead—it can help drive...
Student Loan Forgiveness Program Stopped By Supreme Court
Eligible borrowers will not receive up to $20,000 in student loan debt forgiveness from the federal government.
How to Protect Retirement Savings Online
Individuals should register on their recordkeeper’s website and regularly monitor online retirement accounts, according to the DOL’s Lisa Gomez.
Jury Sides with Yale in 403(b) Lawsuit
A Connecticut federal jury sided mostly in favor of Yale over the management of its $5.5 billion retirement program.
Employees Can’t Deduct Wellness Indemnity Plans From Their Taxes, IRS Says
Workplace wellness indemnity programs funded through salary withholding cannot be tax deductible if that money is used for non-medical reimbursement.
John Hancock Retirement CEO Stresses Importance of Financial Adviser Relationships
The new retirement CEO sees a “heightened” interest from wealth managers in engaging with workplace retirement plans and participants.
Rookie Financial Advisers Are in Short Supply
High wash-out rates force firms to focus on recruitment and retention, according to Cerulli.
Investment Product and Service Launches
FundFront introduces white label alternative investment platform; Wealth.com unveils AI legal assistant; Schwab to launch the Schwab High Yield Bond...
House Republicans Outline ESG Policy Goals
An interim report argued that the US should protect firms from foreign regulators and require more transparency on ESG issues.
Gender Savings Gap Closing Among Younger Generations, Bank of America Reports
Account balances among millennial men exceed women by 23%, significantly less than the average gender gap of 50%.
Vestwell Expands MEP and PEP Solutions
Vestwell's new offerings include a range of “affordable 401(k) plan options” for advisers to provide small and medium-sized business clients.
BlackRock, Policy Group Detail Results of Delaying Social Security, Adding Guaranteed Income
Researchers ran participant simulations to show retirement income spending power could get an almost 30% boost with the strategies.
Does Swing Pricing Have a Time Zone Problem?
Several House Democrats expressed concern to SEC officials that a hard close at 4 p.m. Eastern time would discriminate against...