AmWINS to Acquire LISI and CoPower
By Allison BellLISI has relationships with about 8,000 brokers.
August 07, 2019
Fidelity's Amped-Up Cash Sweep: Gain for Investors, Pain for Advisors?The new cash sweep vehicle, aimed at new DIY investors, offers 1.91% yield; cash held by advisory clients won't be automatically moved.
August 07, 2019
Medicare Plan Home Care Benefits Could Work: State OfficialAnalysts say a $20-per-month mandated benefit could cut Minnesota Medicaid spending by 21%.
August 07, 2019
Interest in Digital Tech Growing Among Wealthy Investors: Morgan Stanley PollBut many high-net-worth investors remain concerned about cybersecurity.
August 07, 2019
State Securities Regulators Launch 130 New Crypto InvestigationsNASAA's Operation Cryptosweep remains in full swing, with Texas issuing a cease and desist order on Tuesday.
August 06, 2019
Lower Interest Rates Hurt: Annuity IssuersIssuers use interest earnings on bonds to, for example, pay sales commissions.
August 06, 2019
What US-Based RIAs Can Learn From Their UK CounterpartsPershing's Mark Tibergien and Geoff Towers discuss how advisor regs overseas could shape future U.S. rules.
August 06, 2019
New Bermuda Reinsurer Jumps Into Annuity GameThe company, 777 Re, says it has completed a $307 million annuity block deal for an unnamed client.