Fidelity DC Plan Assets Top $1 Trillion
Fidelity announced Tuesday that it administers $1.4 trillion in defined contribution assets and lost just 1% of its DC business in the first half.
New Hire Roundup: Great-West Financial Names Manello CFO
Also in new hires, Treasury's Office of Financial Research added 11 new members to its financial research advisory committee.
Fidelity’s 8-Month-Old ETFs Exceed $1 Billion in Assets
Advisors can trade the 10 passively managed sector ETFs commission-free.
The 2% Solution: NAPFA Changes Its Membership Standard
I find myself in the curious position of agreeing with both the NAPFA rule change and the advisors who oppose it.
The Rise of Actively Managed ETFs
Active ETFs have grown significantly in the past year and will eventually compete with traditional active mutual funds, SEI and ETF Trends say.
Commonwealth Exec Returns After ‘Brief Hiatus’ at LPL Financial
Paul Mahan comes back to Commonwealth having spent just a month with its rival’s retirement unit.
3 Top Managers on Their Biggest Mistakes and How They Pick Great Stocks
Chris Davis, Will Danoff and Dennis Lynch admit their mistakes and discuss how they size up the managers of firms they're pondering for their portfolios.
Health Care Warning: Retiring at 62 Could Cost You $50,000
A couple retiring at age 62 instead of 65 could face $50,000 in extra medical bills, Fidelity says.
New Hire Roundup: Curian Capital Names Czaicki CIO
Also, the SEC brought in Stephanie Avakian as deputy director of enforcement.
2 Cities With Best 401(k) Savers: Fidelity
Workers in two California cities are saving the most in their 401(k) plans and taking fewer loans on them.