A new company formed by the Pension Resource Institute and Waypoint Fiduciary will serve as a pooled plan provider for registered investment advisers, broker-dealers and banks that want to do business in the PEPs market. The new entity, Group Plan ...

Leave it to Canada, where asset managers are permitted to offer investors direct exposure to cryptocurrencies, to find a way to take the volatility sting out of crypto investing. Toronto-based Purpose Investments, which manages $14 billion worth of Canadian dollars ...

Nancy Davis was a trader at Goldman Sachs Group Inc. and a fund founder before she made a splash with IVOL, an actively managed exchange-traded fund that allows investors to bet on inflation and interest-rate volatility. The Tampa native says ...

Most Americans prefer a donation in their name to a favorite charity rather than a traditional holiday gift for themselves, a sign that charitable inclinations remain strong, according to a new poll from Fidelity Charitable. The organization released the poll ...

State Street Global Advisors has secured a major client for its service that incorporates an annuity into a target-date series. On Monday, the company announced that the University of California defined-contribution plan system, with nearly $35 billion in assets, has ...

Robbie Moseley has joined Raymond James to head its recruiting platform, Advisor Choice Recruiting, the firm announced Monday. Moseley succeeds Barry Papa, who died in March. Moseley most recently worked at Edward Jones, where he served as director of financial ...

Chicago-based Hightower is expanding its Illinois-area footprint with the acquisition of Aurora-based Clear Perspective Advisors. Founded in 2011 by Michael Morcos, Jonathan Hylton and Stewart Beach, Clear Perspective has $700 million worth of client assets, operates two offices in Illinois ...

Creative Planning, an Overland Park, Kansas-based registered investment adviser with more than $100 billion in assets under management, is acquiring Dashboard Wealth Advisors, an Oak Brook, Illinois-based firm with more than $800 million in AUM. Terms of the transaction were ...

Focus Financial Partners is acquiring Alley Co., a Lake Forest, Illinois-based advisory firm with $585 million in client assets. Founded in 1998, Alley specializes in separate account investment management, customizing and managing proprietary investment portfolios and providing asset allocation advice ...

In the three decades that I’ve been a financial adviser, our industry has evolved in many ways, and that evolution appears to be accelerating.  In 1990, fresh out of college, there were two ways for me to become a financial ...