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.
With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.
Executives from some of the largest firms in the channel — Ameriprise, Kestra Financial, Cetera, LPL Financial and Osaic — discuss how clearing and custody fits into their approaches to recruiting and retaining financial advisors.
In a constantly changing industry, clearing and custody fees defy generalizations. The largest independent broker-dealers present financial advisors with the choice of working with a "self-clearing" firm or one that outsources those essential services.
The printable PDF includes rankings based on the firms' 2025 revenue as well as the number of financial advisors, compensation, total client account assets and more.
As the best-selling memoir "Strangers" shines a spotlight on financial disengagement, advisors share how they pull the less-engaged spouse into the conversation before it's too late.
Morningstar finds that active investment managers beat low-cost passive index trackers only 27% of the time over a 12-month stretch.
