For decades, the pension industry within the plan has said, “the time is now – things have changed.” However, there has been precious little buy-in from defined contribution plan sponsors, participants, record keepers and advisors. At the last meeting of 4th Annual RPA Retirement Income Roundtable and Think TankCIOs and product managers from aggregators, registrars…

Fidelis Capital, a registered investment advisory firm based in Tampa launched about two years ago with $1.5 billion in assets under advisement, has hired Douglas Rothermich as a partner and wealth strategist. Rothermich took some time off from the wealth management industry to reach a non-solicitation agreement, but before that, he spent more than 20…

The Tax Cuts and Jobs Act of 2017 expires at the end of 2025, requiring both taxpayers and preparers to prepare for significant tax changes. The expiration of these provisions will result in higher tax rates, fewer deductions and increased tax liabilities for many individuals. The debate over making permanent the provisions of the Tax…

As more advisors recognize the value of holistic planning in better service and, perhaps most importantly, stronger client relationships, the so-called 'family office experience' has become the industry's new white whale. In recognition of advisors' desire to provide a more comprehensive service, the wealth planning platform Wealth.com launched its new 'Family Office Suite' on Friday….

Russell Investments, a Seattle-based investment manager and OCIO, has launched eight new separately managed fixed income and multi-asset accounts. The firm's product portfolio now includes four portfolios of fixed income securities packaged as municipal and treasury grades. (Layered strategies typically include a selection of bonds with different maturity dates to provide diversification.) Connected: Morningstar Wealth…

KKR is not new to private wealth, said Doug Krupa, managing director and head of global wealth solutions at KKR, at the Pershing Insite conference. He said the firm has been in the private equity market for the past 15 years. What's new is that the company has built a suite of products across all…

Allspring Global Investments, an asset manager with $570 billion in assets under advisement, will begin offering active ETFs. The firm currently manages $423 billion in fixed income and money market assets, $135 billion in equity assets and $12 billion in multi assets. “We believe the active ETF industry will continue to evolve and we are…

Fossil fuels and nuclear power are likely to play a vital role in the clean energy transition. Renewable energy, such as solar and wind, face limitations that may limit their ability to fully replace fossil fuels. As demand may be greater than anticipated, companies in the fossil fuel and nuclear power ecosystems may offer individuals…

On June 20, the US Supreme Court issued its decision in Moore v. United States, upholding the constitutionality of the Mandatory Repatriation Tax under the Tax Cuts and Jobs Act of 2017. The Moore decision is one high net worth individuals and their advisors do not want to ignore. If nothing else, the decision reaffirms…

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