Envestnet President Stuart DePina to Step Down in Restructuring
By Jeff BermanThe firm is "streamlining" its business into three segments: Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech.
June 08, 2022
Minnesota and South Carolina Update Annuity Sales StandardsHalf of all states have now adopted new standards based on an insurer-backed NAIC model.
June 07, 2022
Supreme Court Rules on Medicaid Benefits Lien CaseOne question is whether the logic used could affect Medicaid nursing home benefits lien cases.
June 07, 2022
Older Baby Boomers Drive Uptick in 71-and-Up Life Application ActivityTrends in activity for the universal life policies clients might use in income planning were relatively strong.
June 07, 2022
Fake Financial Advisor Gets 4.5 Years in Prison for FraudThe defendant used some of the $3 million scammed from clients for gambling and to make Ponzi payments.
June 07, 2022
Senate Panel Introduces Retirement Bill as Part of Secure Act 2.0 PlanThe Rise & Shine Act, introduced by Sens. Patty Murray and Richard Burr, will be debated June 14.
June 07, 2022
Sole-Proprietor RIA Becomes Latest Target of SEC's 12b-1 Fee ActionsThe SEC ordered KMA to pay more than $300,000.
June 07, 2022
Sweeping Crypto Legislation Targets Stablecoins, MiningThe bipartisan bill is one of lawmakers' most ambitious attempts to regulate the volatile asset class.