Open, honest, and candid discussion about TIAA outsourcing, a new report on IRA rollover abuses, analysis of forfeiture lawsuits, state mandates and more. Source link

Bluespring Wealth Partners, the RIA buyout arm of Kestra Holdings, has confirmed that Pradeep Jayaraman, a former co-head of partnerships and business development at Focus Financial Partners, has joined as president. He replaces David Canter, who left the role about a year ago. Stuart Silverman, Bluespring's current chairman, who served as president before Canter, was…

Sponsored by Most advisors agree that building bond portfolios with individual bonds instead of mutual funds or ETFs can be beneficial for high-net-worth individuals and families looking for a more sophisticated cash flow approach. Fixed income scales can be an excellent tool to satisfy the individualized needs of those investors by providing a structured framework…

YCharts profiled 10 active ETFs that have been particularly popular with RIAs so far in 2024. ETF.com has published a guide to leveraged ETFs. These are among the investment must-reads we found this week for wealth advisors. Source link

US ETF launches did not slow in August despite the summer holiday season. According to the CFRA FUNDynamix ETF data platformthere were 40 new ETFs listed in the US during the month. Eight of them were in the fast-growing buffer ETF category. With these latest releases, there are now 293 buffer ETFs listed in the…

A Connecticut-based RIA with about $412 million in assets under advisement is joining Mercer Advisors, expanding Mercer's presence in the Northeast. Benchmark Wealth Management is based in Old Lyme, Conn., and was formed in 2007 through the combination of the dual practices of founders/advisors Richard Stout and Thomas Britt. Benchmark specializes in financial planning for…

Fiduciary Trust International Managing Director and Head of Research Erick Rawlings shares his thoughts on the current alternative investment landscape and what has fueled its rise in popularity. Erick also shares which alternative asset classes he finds most attractive right now and what financial advisors should consider when looking for the perfect alternative investment manager…

(Bloomberg) — Arif Husain says he was early on the alarm about Japan's interest rate hikes last year, which he described as “San Andreas the fault of finance. The head of fixed income at T. Rowe Price is now warning that investors “have just seen the first shift in that error and there's more” market…

While some people still believe that convergence is a fad, based on a recent LinkedIn survey, they are in the minority. A more valuable question is which firms are implementing the convergence of wealth, retirement and workplace benefits and how it is changing the advisor M&A market. Briefly coming out of hibernation, in a recent…

Mesirow, a Chicago-based, 100% employee-owned financial services firm that oversees more than $288 billion across three major lines of business, has acquired Price Wealth Management, a $235 million advisory practice in Stuart, Fla. Price Wealth Management was founded by CEO Craig Price and his father, Gary, who has since retired. She was most recently associated…