Search results for: SCO
New Firm Enters Individual 401(k) Market
A new firm that focuses on the entrepreneurial company’s need for impartial advice on retirement planning has entered the market.
Scott to Lead Arizona Charge for 401(k) Advisors
401(k)Advisors, with $32 billion in collective assets under advisement through its Producer Services Unit, has appointed John L. Scott to the newly created position of Managing Director for...
When Considering Target-Date Funds, Evaluate Design and Impact
A new research paper suggests those considering the addition of target-date funds to a retirement plan need to consider the funds’ glide path and whether the offerings should...
Bear Stearns Launches Actively Managed ETF
Bear Stearns Asset Management (BSAM) announced the launch of the first actively managed exchange-traded fund (ETF).
Dow Jones Creates 130/30 Investment Strategy Indexes
Dow Jones Indexes and Transparent Value LLC have launched the Dow Jones Required Business Performance (RBP) Index series, with indexes that measure the likelihood that a company can...
American Century Announces New Head of Institutional Business
American Century Investments announced Joseph P. Craven has joined the firm as senior vice president of its institutional business.
Increasing Health Care Costs Preventing Retirement
A new study from the Center for Retirement Research (CRR) at Boston College indicates that one result of increasing health care costs is workers deciding to delay retirement.
403(b) Plan Documents Available From ftwilliam.com
Plan document provider ftwilliam.com has released two new 403(b) plan documents, updated with the 2007 final regulations.
SEC Settles Charges Over Broker Gifts With Fidelity
The Securities and Exchange Commission (SEC) announced that Fidelity Investments agreed to pay an $8 million penalty in connection with charges 13 current or former employees improperly took...
servicing strategies
A Wise Choice?
Advisers giving advice through the PPA's fiduciary adviser provision must play by rules that still are not final
sales champ
Designation “Hitters”?
Advisers may try to use designations to boost their businesses but regulatory oversight is increasing
investment-oriented
Exchange Rates
ETFs continue to be touted as the next best investment for retirement plans, but they are slow to gain traction
trendspotting
Lopsided Equation
Cerulli report says fee-based compensation increases, but revenues are down
beyond (k)
The Same, but Different
Although new rules may make 403(b)s more similar to 401(k)s, they are very much their own plans
FINRA Settles with Five Firms over Improper Fund Sales
FINRA (the Financial Industry Regulatory Authority) announced it has settled cases against five firms for improper mutual fund sales and supervisory violations.
Citi, Legg Mason in Overlay Business Deal
Citi and Legg Mason have agreed that Citi Global Wealth Management (GWM) will acquire the overlay and implementation business of Legg Mason Private Portfolio Group (LMPPG).
Wall Street Access’ Private Wealth Management Group Names New MD
Charles McCollough Wright, CFA, has joined Wall Street Access’ Private Wealth Management Group as Managing Director.
U.S. Wealth Management Firms Need to Build Client Advocacy
More than half (57%) of wealth management clients are not advocates of their advisory firms, and over 40% do not consider their firm a "trusted adviser" to help...