Mercer Nabs $1.2B Raymond James Team in Florida
By John ManganaroThe acquisition in Naples marks Mercer Advisors’ third billion-dollar deal in three months.
August 01, 2025
Fidelity Taps Vestmark for New Custom Model PortfoliosThe custom models can include semi-liquid interval funds, SMAs, ETFs and mutual funds within a single custodial account.
July 31, 2025
Fidelity Increases Post-Retirement Health Cost Estimate 4.5%The rate of increase is a slightly lower than it was a year ago, but these costs are rising faster than overall prices.
July 31, 2025
Ex-Amerprise Rep Barred for Taking $2.2M From ClientsThe rep, who started in the business in 1994, said he was borrowing money from two of his customers — one age 77.
July 31, 2025
Lincoln Reports 32% Q2 RILA Sales GrowthCEO Ellen Cooper aims to put products on new shelves and keep more products on Lincoln's own books.
July 31, 2025
Mariner, Other Firms Agree to $25.5M Class Action SettlementThe suit alleges that the Kansas City-based entities conspired to not hire each other's staff in order to stifle pay.
July 31, 2025
Ex-LPL Rep Sentenced to 6 Years in Prison for Taking $1M from Elderly ClientInvestigators found Bradley Goodbred took over $1 million from a woman over nine years, prosecutors said.
July 31, 2025
What Tax-Free Home Sales Could Mean for Wealthy AmericansJeff Levine says proposed legislation might lead to some "VERY interesting" capital allocation decisions.