$100M Suit Against Envestnet Heads to Jury Trial
By Melanie WaddellThe long-running suit alleges Envestnet and Yodlee misappropriated FinancialApps' proprietary software platform.
September 26, 2024
Ex-Advisor Sues LPL, Citizens Bank & Trust Over Botched TransitionNathan Adams was punished for pursuing a job with LPL, which botched a background check, the complaint alleges.
September 26, 2024
Sen. Warren Lists 29 Life, Health and Annuity Sales IncentivesShe doesn't like the incentives, but you might.
September 25, 2024
What Raising Retirement Age to 69 Would Do to Social SecurityRaising the retirement age to 69 would result in an average yearly benefit reduction of about 13%, CBO finds.
September 25, 2024
The $6.3T Money-Market Industry Just Got Its First ETFThough interest rates are coming down, Texas Capital sees an opportunity to capitalize on the still-strong demand for cash.
September 25, 2024
Two-Thirds of Americans Worry About Medicare's SolvencyThey want meaningful reforms of the federal government's health insurance program, Nationwide Retirement Institute research found.
September 25, 2024
Vanguard Reaches Proposed Settlement in Target-Date Sell-Off CaseThe lawsuit alleged that the asset manager triggered a "stampede" that handed certain retail customers massive tax bills.
September 25, 2024
Envestnet Wins Shareholder Approval for Sale to Bain CapitalMore than 99% of the votes at a special shareholder meeting were cast in favor of the sale.