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As part of TIAA's mission, Duckett is doubling down on her efforts to ensure that Americans save enough for retirement.

As president and CEO, Johnson is responsible for developing Franklin Templeton's overall strategic direction, executing on that strategy and advancing the firm's client-centric culture.

Pennington has been with Edward Jones since 2000. She has held such positions as financial advisor; principal, branch and region development and principal, client strategies group before being named managing partner.

When it comes to charity, last year wealthy families gave differently — and invested differently.

The SEC also alleges the firm's founder invested clients' money through a fund that employed his wife without disclosing the conflict.

Overall, customers expressed greater satisfaction with their retirement plans' websites and mobile apps this year, but experts say there's still much room for improvement.

Regulators accused the investment technology firm of not disclosing fees that ate into clients' interest payments.

The insurer-backed firm secured its third M&A agreement of the year and fifth in its history for a firm with at least $1 billion in client assets.

The firm's record headcount could grow even higher after it joined the constantly expanding group of dealmakers competing to buy retiring advisors' businesses.

For the bottom 80% of households by income, bank deposits and other liquid assets were lower in June this year than they were in March 2020.