More Debt for Gen X Means Less Retirement Savings: Allianz
Generation Xers hold significantly greater debt loads than their baby boomer counterparts, Allianz finds.
New Hire Roundup: O’Connell Named Chief Risk Officer at Phoenix Cos.
Meanwhile, The Angel Capital Association elected Christopher Mirabile as chairman and Linda Lorraine Smith as vice chairwoman.
Gen Xers Feel Hopeless About Saving for Retirement
Baby boomers’ worries about retirement have received wide coverage in the financial press, much less so the sobering realities besetting Generation X.
Top Portfolio Products: Recon Capital Adds FTSE 100 ETF
Also, Altegris launched a fund for accredited investors and Genpact added a wealth management solution.
8 Best Financial Companies to Work For: Fortune
These financial companies that work with advisors are included in Fortune's list of the Best Companies to Work For in 2015.
New Hire Roundup: FPA Announces Strategic Content Partnerships
Meanwhile, Manisha Thakor has joined RIA firm Buckingham as Director of Wealth Strategies for Women.
New Hire Roundup: ABIA Elects New Board Members
This week, the American Bankers Insurance Association elected new board members, and Deutsche Asset & Wealth Management hired four regional VPs.
New Hire Roundup: American College Names Johnson President and CEO
In another personnel move, Advisor Software has hired Charles Brown as vice president of business strategy.
New Hire Roundup: SEC Adds 2 Judges, 3 Attorneys
Also in new hires, Nuance Investments welcomed Chad Baumler as portfolio manager.
Top Portfolio Products: Genworth Introduces Turnkey Offering for Advisors
New products introduced over the last week include a new suite of four model portfolios from a team-up of Jefferson National and Braver Capital Management and a new fixed indexed annuity from Allianz Life.