ING U.S. Names Halloran President of ING Financial Partners
ING U.S. announced Thursday that it has named Thomas Halloran as president of its registered broker-dealer, ING Financial Partners.
New Hire Roundup: FPA Welcomes David Brand Back to the Fold
Also this week, Securities America names a director of practice succession and acquisition and a new member for its recruiting team, while an SEC litigator joins WIlmerHale.
Genworth Taps Industry Veteran Charles Goldman for Board of Directors
As Genworth Financial moves ahead in a partnership with two private equity firms, Goldman, known as a fiduciary advocate, takes the reins as board chairman.
Putnam’s Portrait of the ‘Social Advisor’: Younger, Likes LinkedIn, Gets Referrals
Study finds that advisors who use social media daily tend to be younger than average; 49% say they get new clients through social efforts.
Top Portfolio Products: Vanguard Takes Another Shot in ETF Fee War
Vanguard cuts fees on its 500 Index Fund ETF via a reverse share split, and Franklin Templeton launches two new global funds.
Larry Roth Leaves Advisor Group to Run REIT Firm
Roth to become CEO of wholesaler arm of Nicholas Schorsch’s RCS Capital; Peter Harbeck is named interim president of Advisor Group.
Stark Statistics, Glimmers of Hope at DC Retirement Summit
The bad news: 4 out of 10 older Americans have no retirement savings. The good news: those with employer retirement plans are far more ready to retire. The challenge: getting Congress to act and lower-income savers to prepare.
3 Steps to Shore Up Retirement Security: Putnam CEO Bob Reynolds
Putnam Investments CEO Bob Reynolds hasn't been shy about decrying America’s broken retirement savings system, and now he offers three steps to help fix it.
Target-Date Funds Shrink in Number, but Popularity Is Growing
BrightScope and Target Date Analytics said in their “Popping the Hood VI” report that TDF assets are likely to quadruple by 2020.
Retirement Research Roundup: Savings, Not Income, Biggest Driver of Retirement Success
Americans are on track to replace about 61% of their income in retirement, a Putnam survey found.