Assets on turnkey asset management platforms have exploded in recent years as advisers focus on building relationships with clients instead of managing their portfolios. There is now an estimated $3 trillion in assets on TAMP platforms, a number that’s expected to ...

Morningstar Investment Management and Hueler Income Solutions announced that they are partnering so that Morningstar Retirement Manager can use Heueler’s platform to help retirement savers include guaranteed income products in their financial plans. Morningstar Retirement Manager’s managed accounts and adviser ...

Employer-sponsored retirement plans are beginning to consider ESG — and some investment firms are preparing themselves for considerable growth in the space. Nearly one in five defined-contribution plans in Fidelity’s business in 2020 included at least one ESG investment option, ...

Morningstar Inc. said Thursday it was launching a new business unit to tighten its focus on wealth management. Morningstar already offers a plethora of services for financial advisers, but the new group will bring under one roof several existing functions, ...

Morningstar Indexes has named Thomas Kuh as its global head of ESG strategy, reporting to Rolf Agather, the group’s global head of research and product. Kuh “will help further accelerate sustainable investment initiatives” for the global index provider, the company ...

Target-date mutual funds saw their sales rebound in 2021, a year after the products experienced their first period of net redemptions. Last year, U.S. target-date mutual funds had net inflows of $23.9 billion, a significant increase from the $6.7 billion ...

In the world of financial planning, we often think about decades-long investment time horizons. In doing so, many of us have unconsciously trained ourselves to think long term because, well, that’s the nature of the job. This long-term planning mindset ...

A forthcoming PEP from National Professional Planning Group, Lincoln Financial and Morningstar Investment Management will have the distinction of providing in-plan guaranteed income, the companies announced Thursday. Lifetime income, particularly as part of a plan’s qualified default investment option, is ...

Three 529 plans were awarded Morningstar Inc.’s top rating, while seven received negative overall reviews, according to an annual college savings report published today. Consistent with its ratings last year, the Illinois Bright Start Direct-Sold College Savings, Michigan Education Savings ...

The October edition kicks off with the big news that Franklin Templeton is acquiring O’Shaughnessy Asset Management and its Canvas direct indexing platform, as yet another traditional asset manager makes a bet that the future will be increasingly driven by ...