Investment Firm Presses Principal to Shed Life and Annuity Arm
By Allison BellInvestment firm Elliott controls the company that acquired Shenandoah Life and SBLI USA.
February 23, 2021
Wells Fargo to Sell Asset Management Unit for $2.1BTwo private equity firms will buy the unit.
February 22, 2021
Goldman to Open Marcus Invest to In-House AdvisorsThe firm says it's working on a version for its 400 Personal Financial Management advisors.
February 22, 2021
Saving Social Security Is a Bipartisan Issue: SurveyDespite the political divide, a majority of respondents want Congress to save the retirement program despite budget deficits.
February 22, 2021
LPL Addresses Black Advisor Issues in New Video SeriesThe content, available online, features six Black LPL advisors tackling diversity problems they and Black investors face.
February 22, 2021
Treasury Secretary Yellen Is Wary of BitcoinBitcoin is not only "highly speculative" and used in illicit activities, it is also "an extremely inefficient way of conducting transactions," Yellen said.
February 22, 2021
DC Plan Participants Fared Well in a Tough 2020: StudyThe John Hancock study found that the youngest participants are the most retirement-ready.
February 22, 2021
Envestnet Reveals New 'Personal Financial Ecosystem'Advisors can expect enhanced tech tools over the next few months; a consumer app will follow by year-end, says CEO Bill Crager.