Greg was a reporter for InvestmentNews from 2015 to 2019, covering defined-contribution plans, retirement planning, insurance, taxes and estate planning, before then moving to CNBC as a Personal Finance Reporter. He tweets at: @GregIacurci
Current owner Stone Point Capital, Kestra management and some advisers will retain equity positions in the indie B-D.
Fidelity allegedly pockets tens of millions of dollars a year from the undisclosed kickbacks, at the expense of its retirement clients.
From crafting a budget to serving as a sounding board, financial advisers can play an important role.
Financial advisers are a valuable resource during trying times, and are in a unique position to help clients navigate the situation while minimizing the financial damage.
Increasing costs for customers and trying to get out of contractual guarantees have become commonplace for insurers.
The VAs are at the heart of an ongoing dispute with brokers and broker-dealers over canceled trail commissions.
Rising interest rates and a volatile stock market pushed 2018 sales to a record, including all-time-high indexed annuity sales.
Franklin Templeton settlement is among the largest in recent self-dealing cases.
With income thresholds higher and a lower SALT deduction after tax reform, the AMT will realistically only apply to wealthy Americans with out-of-the-ordinary tax events.
Private equity has a growing appetite for the retirement plan market.
