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
The sale would keep the platform in the LPL network, and could be used as a way to lure retirement advisers away from Independent Financial Partners.
Advisers must weigh pros such as ease and efficiency against drawbacks like client risk and less leverage.
C corps may become a bit more popular under the new regime given the big reduction in their tax rate, but pass-throughs still seem to have the upper hand, advisers say
Rising interest rates primarily responsible for estimated 50% spike in sales of fixed-rate deferred annuities through 2019, says insurance industry group Limra.
The life insurer is promoting Vestwell's automated services to retirement-plan advisers at independent broker-dealers.
At least 93% of the funds in the Invesco 401(k) plan are proprietary investments, according to the plaintiffs.
Ryan Muscatella starts at a Virginia-based advisory firm in July as a full-time client service and financial planning associate.
Consolidators offer many different models and procedures.
Retirement plan advisers interested in aggregator firms need to consider the differences.
The law uses the tax rates applying to trusts and estates, rather than parents' income, to determine the tax on children's investment income.
