SEC's Variable Annuity Prospectus Rule Likely by April
By Melanie WaddellThe VA summary prospectus has been long awaited.
November 12, 2019
Schwab, BNY Mellon Stress DiversificationWith "fewer shock absorbers in the economy," investors must be extra careful with asset allocation, BNY's Khanna said at Schwab Impact.
November 12, 2019
Wirehouses Warn: 60/40 Asset Allocation Is DeadAt least three major financial firms are warning about the strategy's serious deficiencies for the future.
November 11, 2019
Advisor Group to Buy Ladenburg, Forming Mega-BD NetworkWith the merger, the combined 11,500 advisors and nine broker-dealers can keep using third-party clearing firms.
November 11, 2019
Awareness of AD&D Is Good, Too: Jennifer GassawayThe product doesn't have a big outreach campaign behind it, but a Standard exec says it can protect people against disaster.
November 11, 2019
SS&C Names Leader for ALPS AdvisorsThe new president joins the asset manager from OppenheimerFunds, where he led the Value and Income Team.
November 11, 2019
Philanthropies Doubled Their Disaster-Related Funding in 2017U.S. organizations shelled out $500 million for the costliest year for natural disasters on record.
November 11, 2019
Fisher Investments Has Hefty Side Bet: ReportThe firm led by Ken Fisher is the biggest shareholder of five of the six largest ETNs, according to Bloomberg.