Partnering On In-Plan Advice
Recordkeeper Empower and two large RIA advisories discussed why they’re partnering on adviser-managed accounts geared toward plan participants of all asset levels.
Tag: Wealth Management
Former Fidelity Private Wealth Head Joins Empower’s Wealth Division
Roger Hobby was hired by Empower to a senior role in its recently rebranded consumer wealth division; he is the...
Manage My Wealth, Please
Plan advisers note increased demand from participants for individual wealth management, noting that they can often do so at lower...
Financial Advisers Push to Manage 401(k) Assets
As demand increases for more holistic financial planning services, firms are looking to expand the market of financial advisers managing...
‘Exploding Market’ for 401(k)s May Help Shrink Coverage Gap
SECURE 2.0, state mandates, PEPs and engaged financial advisers can all help boost qualified plan offerings, according to providers.
Advisory M&A News – 2/20/24
OneDigital pens deal for $2.6B retirement plan advisory from Wintrust Financial; Curio Wealth created from Bay Point; and Berger makes...
Advisory M&A News – 2/12/24
Former Goldman wealth adviser creates RIA for business owners; Private Advisor Group adds $120M firm; and CBIZ bolsters tax and...
Empower Hires Dave Gray for New Enterprise Solutions Role
The former Fidelity workplace products head will work across the company on platform and partnership enhancements.
Product Partnerships – 1/24/24
Pontera announces partnership with Commonwealth Financial Network; SELAX Brokerage enhances annuity transaction efficiency with Luma Financial Technologies; Ritholtz Wealth Management...
Client Retention Tips from a 401(k) and Wealth Adviser
A dual practitioner discusses the importance of combining well organized systems with a personal touch.
Morgan Stanley Wealth Management Growth Bolstered by Workplace Unit
The firm highlighted workplace offerings as a key pillar of wealth management client growth in its Q4 earnings.
‘The Year It Comes Together’: Hub’s DeNoyior Talks 2024
In this PLANADVISER interview, Hub’s retirement and private wealth head discusses plans such as rolling out a national financial coaching...
Envestnet CEO, Co-Founder Crager Stepping Down
The firm’s board is searching for a replacement to head the wealth management and financial wellness platform and product provider.
Publisher’s Note
Future State
It’s nearing the end of 2023—and, as per usual this time of year, I find myself pondering where time has...
Lincoln to Shed Wealth Division With Sale to Osaic
Lincoln has agreed to sell its $108 billion wealth management business to focus on workplace and insurance services and products.
Pontera Snags $60M Investment
The capital from Iconiq Growth brings the 401(k) advisory management provider’s total funding to $160 million.
The PLANADVISER Interview: John Longley, CEO, SageView
The new CEO discusses what he sees in SageView’s opportunity to leverage the retirement and wealth convergence.
Morgan Stanley Promotes Jed Finn to Head of Wealth Management
Finn will assume his new role on January 1, 2024, as part of the division’s transition under Andy Saperstein.
100% of Large Retirement Plan Advisories Now Include Wealth Strategy, According to T. Rowe
In 2019, only half of plan advisers were considering a wealth strategy, but the opportunity to enhance profits by offering...
Envestnet, Empower Launch 401(k) Plan Solution for Financial Advisers
The retirement platform is geared toward wealth managers seeking a plan option and includes four options for providers of target-date...