Matt Ackermann

Less than a week after acquiring an Ohio insurer, Wells Fargo Insurance Services USA Inc. announced it bought JFK Consulting Group, LLC, an employee benefits brokerage and consulting firm in Overland Park, Kansas.

According to a survey, four in five corporations could drop money market funds from their portfolios if funds are required to shift to a floating net asset value reporting structure.

The Chicago-based company said that Huang, 48, will continue to serve as a management advisor to the firm.

The deal, which was announced in October, was priced at $88.57 million inclusive of estimated net assets of the business of $21.75 million.

Smartleaf will help manage more than 40,000 portfolios for America’s fifth largest bank, which becomes its largest provider

Don Schreiber Jr., the chief executive officer and founder of WBI, said the funds’ strategies previously were only available to high-net-worth investors through separately managed accounts.

Wells Fargo Insurance Services USA Inc. announced Wednesday it bought Prestige Professional Plans, a single office, employee benefits insurance brokerage firm located in Dayton, Ohio.

Consumers prefer to be educated rather than be marketed at in online ads about personal finance.

According to TD Ameritrade, 56% of Americans said they would have managed their money different if they could go back to the time before the recession of 2008 to 2009.

The group joining Mariner includes 24 individual wealth management consultants located in Cumberland, Md., Denver, Kansas City, Mo., Los Angeles, New York, Philadelphia, and San Diego.

As part of this transaction, U.S. Bancorp, FAF Advisors’ parent, received a 9.5% stake in Nuveen Investments and other cash considerations for FAF’s long term fund family.

Royal Bank of Canada announced Friday it has completed its acquisition of BlueBay Asset Management.

According to a survey, nearly half restored matches, increased participation.

John Bouchard, Saundra F. Albrite-Bouchard and Julie-Anne Lewis represent the first team of financial advisors to join Washington Wealth, which Tony Sirianni and Ross Wilkinson launched earlier this month.

According to a study by ING Retirement Research, investors who work with a a financial professional report saving significantly more for retirement.

The platform, which allows clients to obtain two-way dealable prices and execute trades live or with delta exchange, is a component of BofA Merrill’s overall eFX offering.

Concerns, surrounding regulatory changed and IT operations, could hamper overall growth, according to a survey by SimCorp.

For younger employees the possibility of an enjoyable retirement is dwindling.

Thirteen percent of affluent Americans closed at least one investment account in the last year, more than double the pace in the previous five years, according to research.

Retirement benefits, specifically defined benefit programs, are critical when it comes to attracting and retaining employees.