Tag: Practice management

Having an actual plan makes a big difference to achieving retirement goals, and having an actual adviser makes a big difference in having that plan, research says. 

 We’re all going to live longer, according to research, but how capable are we going to be? People’s No. 1 concern is losing cognitive ability, a report says. 

A lack of succession process readiness, along with valuation issues, makes selling an independent advisory practice unfavorable for many advisers, says a new CLS Investments analysis.

Registered investment advisers (RIAs) have increased long-term mutual fund and exchange-traded fund (ETF) assets under management by more than 12% this year, according to Broadridge research.

Focus Financial Partners, LLC announced that Dan Sontag, former president of Merrill Lynch’s global wealth management unit, has joined the Focus wealth management network’s board of directors.

Pension Advisors, an independent financial and retirement advisory firm, has selected Independent Financial Group, LLC as its new broker/dealer.

NFP Advisor Services (NFPAS), a National Financial Partners Corp. (NFP) business group, has integrated the retirement plan adviser tools and support services of 401(k) Advisors.

Advisers can help plan participants work out how to save for a child’s college education as well as their own retirement. 

Few financial advisers are satisfied with the technology offerings and communications resources at asset management firms, according to a recent kasina report.

Who is using value-added tools from providers, and are they a useful addition for sales, lead generation and other facets of an adviser’s business? 

The Massachusetts Mutual Life Insurance Company (MassMutual) established a corporate venture capital fund to invest $100 million in innovative financial services businesses.

Jeff Bosco, a senior vice president, has been named the head of CUNA Mutual group’s wealth management business.

Some participants may be traditional retirement age, and they may have substantial assets, research from Bank of America Merrill Lynch says.

United Benefit Advisors (UBA) named Les McPhearson as the organization’s next chief executive officer.

Russell Investments announced several updates to its Economic Indicators Dashboard, an analysis tool used by financial advisers to have informed conversations with clients about the U.S. economy.

The Newport Group, a national provider of retirement and executive benefit plans, has opened an office in the Chicago area.

Schwab Intelligent Technologies reached an agreement with Morningstar, Inc. through which the investment research provider will participate in the Schwab OpenView Gateway technology platform.

A secure retirement is achievable, research says, if retirement plan participants start saving early and consistently—and at levels far above 3%. 

Choosing the right share class needs careful consideration as the Department of Labor (DOL) is paying more attention to investment menu options.

Joseph Dunbar has joined SageView Advisory Group as an investment adviser based in the firm’s Boston office.