Bluespring snaps up $750M Arizona wealth firm
Offering a host of planning services, the 14-person team from Commonwealth includes a husband-and-wife advisor tandem.
Shakeup at Schwab as veteran leader Bernie Clark retires
The investing behemoth unveiled a slate of executive departures, including its longtime head of advisor services, as part of its succession planning strategy.
Avantax snaps up $400M Pennsylvania team
Previously with Stratos Wealth Advisors, the new hires in the Northeast include three veterans with over 80 years of combined industry experience.
Do DC managed account programs have a PR problem?
Despite their benefits for 401(k) participants, especially financial advice, Cerulli research finds a lack of awareness is holding back broader adoption.
Most advisors still in the dark on direct indexing
FTSE Russell survey research covering RIAs and broker dealers shows four-fifths aren’t using it, and most aren’t clear on the tax benefits.
Red or blue, US workers love state-facilitated retirement savings
Nationwide poll reveals substantial majority support from working Americans across party lines and generations.
DOL fiduciary rule faces pushback in congress
A bicameral group of senators and house representatives have launched a joint resolution seeking to quash the rule.
Americans and advisors divided on inflation, finds survey
With more widespread concern among consumers, research reveals the value of anti-inflation strategies, including annuities with guarantees.
Most Americans aren’t ready for the Boomer wealth wave
Survey exposes lack of financial confidence to handle a large windfall, with over half of Gen Y and Gen Z receiving poor advice in the past.
LPL expands in Texas with ex-Lincoln advisor
The wealth giant’s latest addition in the Lone Star State reportedly managed $215M for affluent individuals, business owners, and executives.