"This change is [an] important step in the evolution of the NYLIM brand," said Barry Schub, senior managing director of New York Life Investment Management and head of NYLIM Retirement Plan Services. "We want to send the message that NYLIM is a unified firm with strength in institutional and individual markets. It is crucial for all of our retirement businesses to share our name along with our message."
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Industry lawyers and experts say the latest wrinkle in a long-running LPL-Ameriprise recruiting dispute shows why advisors should strongly consider retaining their own legal counsel when changing firms.
September 22 -
Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
September 22 -
The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
September 22 -
Surveys from Fidelity and Edward Jones suggest that even clients with comprehensive plans and wealth don't always feel good about their financial future.
September 21 -
Anthropic lined up some of the biggest names in the industry for the rollout of Claude for Financial Advisors. But whether the tool is "revolutionary" or "just another integration," the hard work is just beginning for the AI firm and for its sole custody partner, Schwab Advisor Services.
September 21 -
State-level estate taxes can be imposed at much lower thresholds. From domiciles to the timing of moves, here's what financial advisors should keep in mind.
September 21








