Practice

“It’s going to flip everything on its head,” says one XY Planning Network advisor.

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.

The move follows efforts to reduce expenses in the company’s global wealth management business.

Venturing into the new social media platform, planners are encountering a deluge of misinformation, day trading and get-rich-quick schemes.

Three of the quartet join the South Dakota office, while the fourth is in Washington state.

This is the latest case to involve improperly allocating bonds meant for retail customers and instead selling them to other market participants.

“The primary drawback of fewer hedge fund filings is lack of clarity around crowding risk,” strategists from the firm write.

A weaker U.S. dollar and a rollback of some of the 2017 tax cuts are just two possibilities, experts say.

Unexpected tailwinds from the global pandemic have made recruitment more efficient and have highlighted advisor-client bonds.