New Hire Roundup: DOL Still Seeks Advisory Council Nominations
This week in new hires, the DOL is still seeking nominations for its ERISA advisory council, and OneAmerica announced Scott Davison's promotion to president.
SEC Fiduciary Rule Unlikely in Dodd-Frank’s Third Year of Life
Advisors, including Harold Evensky, and industry officials are increasingly pessimistic that the year will bring a uniform fiduciary rule. However, the first designation of an asset management firm as systemically important could be coming soon.
New Hire Roundup: Ex-NFL Quarterback Joins Lourd Capital Management
This week in new hires, Lourd Capital Management welcomed former NFL quarterback Cade McNown as vice president, and Christine Walker went to Drexel Morgan Capital Advisers.
Milevsky: Solving Chile’s Annuity Puzzle
An on-the-scene inquiry into why Chileans buy so many annuities.
Valerie Brown: The 2013 IA 25 Extended Profile
The CEO and president of Cetera Financial Group said she grew up with a love for numbers and math. Her background in chemical engineering, which she called a “perfect fit” for the financial services industry, didn’t hurt, either.
Crossing Paths: The 2013 IA 25
With Investment Advisor's 11th annual list of the most influential individuals in and around the advisor business, we decided to do something different.
Energy Risk Equals Insurance Opportunity
There’s a Chinese character that can be read as either risk or opportunity, and according to a report by global reinsurer Swiss Re, that’s exactly what the future in energy production presents for the insurance industry.
Top 25 Finance Company 401(k) Plans: BrightScope
To judge by the 401(k) plans that finance companies offer their employees, they’re doing a good job of doing unto themselves as they would have others do.
Low Interest Rates Are Driving Insurers Out of the Bond Market: BlackRock
Insurers are likely to move asset allocations as low rates challenge business models and profitability, says BlackRock’s global insurance industry outlook.
Just a few days before Hurricane Sandy barreled up the East Coast, German reinsurance giant Munich Re issued a new report titled “Severe Weather in North America” revealing that weather disasters have hit North America far harder than they have the rest of the world.