Straight Talk on Straight-Through Processing
Pay no attention to that man behind the curtain. Try if you like, but David Fetter makes it exceedingly difficult.
New Hire Roundup: Gamble Named Managing Director at F-Squared
This week in new hires, F-Squared Investments named Paul Gamble managing director, and Sean Curry and Kimberly Palleon moved up at BMO Global Asset Management.
ING Launches Retirement Benchmarking Tool for Consumers
ING My Savings Score uses consumers’ age, salary and current retirement savings to determine the score, which is their savings as a multiple of their annual income.
New Hire Roundup: James Hanna Joins Genworth; Morningstar CFO Departs
This week in new hires, Genworth hires a new CTO; Morningstar announced changes in its senior management; and FSI hired Kathryn Anderson and added 500 new advisor members.
Advisors Targeting ‘Orphan’ 401(k)s Can Reap Big Rollover Rewards
AlixPartners' research shows mass affluent investors move $750 billion annually, while also holding significant assets in neglected 401(k) plans.
New Retirement Pro Emerges From Altered Landscape
How do you provide high-level retirement income advice to your clients? It’s a single question with multiple answers, and it could be an advisor’s toughest challenge.
New Hire Roundup: Wells Fargo Advisors Names 3 to Key Roles
This week in new hires, Wells Fargo Advisors filled three leadership positions; Gail Graham and Stephanie Bogan joined United Capital; Jonathan Morris went to Dynasty Financial Partners; and IRI announced changes to its board.
Your Retired Client Doesn’t Have to Run Out of Money
Advisors can help clients avoid running out of money before they die by computing a funded ratio that measures surpluses or shortages, say Russell's ‘Adaptive Investing’ researchers.
‘Retiring Isn’t About Age’: Merrill Affluent Survey
The majority of those surveyed (59%) also believe the age at which Americans are eligible to collect Social Security should be raised.
Northwestern Mutual to Recruit 5,000 Finance Professionals in 2012
Against a backdrop of high U.S. unemployment along with a shortage of job creation, Northwestern Mutual expects that more than 50% of the new financial representatives will be career changers.