Former Maryland Governor Martin O’Malley Confirmed as SSA Commissioner
O’Malley says he will set his focus on employee morale and improving Social Security Administration response time.
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Congress Publishes SECURE 2.0 Corrections Draft Legislation
The bill would correct errors related to catch-ups, RMDs and Starter Plans.
‘You Know What the Rules Are,’ Gensler Tells Crypto Industry
The oft-critical SEC chair repeated that the cryptocurrency industry is unusually non-compliant with securities laws.
NFP Acquires Divergent Wealth Advisors
The deal expands NFP’s wealth management and retirement capabilities, while broadening its reach in the Western U.S.
Construction, Farming, Among Sectors with Lowest Retirement Plan Access
There is a role for financial advisers, accountants, and payroll providers to improve the plan coverage gap across industries, alongside...
Florida Man Buys Massive Black Diamond with Ill-Gotten Crypto Gains, SEC Says
The SEC alleges that Richard Heart offered unregistered cryptocurrency and spent investor assets on personal luxury goods.
Investment Product and Service Launches
BlackRock Debuts First Buffer ETFs; SMArtX Adds 15 Investment Strategies; Fidelity Refiles Spot Bitcoin ETF Application.
Adviser Product Partnerships
Crystal Capital teams with SS&C to ease alternative investment process; BridgeFT powers Yayati for more personalized investing applications; Nassau Financial...
Retirement People Moves
T. Rowe Price names new head of global distribution; IRI announces board changes; Northern Trust appoints Calcagno as senior wealth...
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...
Pensionmark Creates New Chief Investment Officer Role, Appoints Garrison
Nate Garrison will lead all of Pensionmark’s financial services companies in their investment strategy.
Investment Product and Service Launches
Betterment launches tax-smart transition features; Broadridge secures patent; and more.
Advisory M&A
Four advisers join Capitol Financial Solutions; Advisor Group acquires Encore Financial Group; Hightower makes two strategic investments; and more.
Retirement Industry People Moves
CoastalOne appoints Keefe as CEO; WTW appoints Luke to lead global investments business; Calamos Wealth Management adds two senior executives;...
Young Employees Pulling Back on Retirement Contributions
Morgan Stanley at Work study reveals retirement saving erosion, as retirement head Bunnell notes the ‘central role’ of retirement plan...
Retirement Industry People Moves
NFP hires Perkins as SVP; Cochrane to lead Hub International non-profit specialty; OneDigital names Fong VP.
Vestwell Partners With Payroll Provider Gusto on Integrated 401(k)
The offering is geared toward businesses and state auto-IRA programs.
CITs: Coming Soon to 403(b) Plans?
A bill approved by the House Committee on Financial Services would permit CITs in all 403(b) plans to bring parity...
Adviser Product Partnership
HilltopSecurities works with Broadridge Financial; DFD Partners partners with AdvisorHub; Advyzon, TradePMR launch expanded integration; and more.
Investment Product and Service Launches
Envestnet launches ActivePassive ETFs; Orion Advisor Technology reveals industry’s first ChatGPT integration; AI chatbot Mo debuts on Morningstar platforms; and...