Municipal authorities in Iowa, Ohio and Massachusetts have reacted to a management shakeup at
Tito named Julia Bonafide, 37, to lead the newly formed consulting division. Then, a pair of consultants Dennis Sugino and Kathy Barchick reportedly quit a few weeks later. Wilshire, a Santa Monica, Calif.-based company, advises investors with more than $2.5 trillion of assets, including Calpers, the California Public Employees' Retirement System, which manages $167 billion of assets.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
The number of experienced financial advisor recruits fell in the first quarter, but Ameriprise's overall headcount and its profits are on the rise.
Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
