Why It's Time to Rethink the 60/40 Portfolio
By Dinah Wisenberg BrinFactors like AI, renewable energy and shifts in longevity make a review of diversification valuable for clients, says Morgan Stanley.
August 21, 2024
New York Judge Approves Columbian Mutual Life's Rehabilitation OrderA rehabilitator can try to get an insurer back on its feet, rather than liquidating it.
August 21, 2024
Oaktree Nears Deal to Buy Big Stakes in 2 B. Riley UnitsThe asset manager is not looking at the firm's wealth management operations, which include about $26 billion in assets.
August 21, 2024
LPL Recruits Osaic Teams With $4BThe moves include over 30 financial advisors based in Lutherville, Maryland, and Berwyn, Pennsylvania.
August 20, 2024
Why There's a 15% Gap Between Investor and Fund ReturnsPoorly timed investor moves aimed at timing market highs and lows weren't the only factor, Morningstar said.
August 20, 2024
More Annuity Owners Are Buying Their Contracts From IssuersMany see using the products as a way to provide a death benefit or to pay for long-term care.
August 20, 2024
CW Advisors Buys $1.2B Fee-Only RIAThis is the firm's largest deal since kicking off its acquisition strategy in 2023 after private equity backing.
August 20, 2024
Here's Why Consumers Accept Hikes in Long-Term Care Insurance RatesStudy participants were willing to pay more if they felt well-informed and in control of the process.