The fifth annual InvestmentNews Icons & Innovators shows the depths of the innovative spirit thriving in the financial advice business today. We highlight one Icon, 10 Innovators and 13 Innovation Award firm finalists this year out of hundreds of nominations and suggestions we received.
Relatively few people tapped their retirement accounts, but 20% drew on their emergency savings and 18% increased their credit card debt.
Regulator charges the firm failed to act on a former broker who was loading customer accounts up with energy sector master limited partnerships.
Regulators say the insurance company’s American General Life subsidiary operated in the state without a license, undertaking four large-scale pension risk transfers and bidding on others.
This generation's longevity, combined with the fact that they'll get less support from Social Security, poses a retirement income problem.
The former CEO of Washington Financial Group succeeds the late David Reich in the role of national president of Hub Retirement and Private Wealth.
The majority of newbies in 2020 were under 45, according to the survey; they were more likely to be racially diverse and said they were investing for retirement.
Sacramento, California-based Genovese Burford was founded in 1987 and has nearly 1,500 clients.
Investor Motive Partners will contribute its Finantix and Tegra118 businesses, creating a global software-as-a-service wealth solutions platform.
The practice in Dallas includes four advisers and three support staff.
