Michael Volo, SVP, Scudder Retirement Services, said Scudders research suggested that companies are not offering 401(k) plan participants investment education. "We firmly believe that in order to encourage investors to utilize their employer-sponsored retirement plans, participants need to understand what their options are, and what best fits their retirement planning needs," he said in a statement.
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Also, Raymond James lands a $420M father-son team from Edward Jones, Cetera recruits a $350M LPL duo, and Cambridge acquires a $1B AUM dual registrant.
November 26 -
With the rapid growth of the RIA industry, large wealth managers are increasingly finding ways to make money by supporting independent advisory practices.
November 26 -
The latest SEC Enforcement Activity report finds that the watchdog agency has only started four regulatory cases against public companies under the current presidential administration.
November 25 -
Savant Wealth Management, Moneta Group Investment Advisors and EP Wealth Advisors lead a group of fee-only firms with headcounts well above their peers.
November 25 -
Mindy Neira found that embracing her passions helped build a niche that fulfills her.
November 25 -
A new Cerulli report finds that advisors who outsource investment management spend more time in direct dealings with clients.
November 24




