The majority of workers affected by COVID-19 are pessimistic, a Wells Fargo study shows
Troy Baily of Omaha, Nebraska, was also suspended for six months for selling $210,000 in Future Income Payments
Workers enrolled in both stock purchase plans and company 401(k)s tend to save more
MRK Wealth Advisors is based in Doylestown, Pennsylvania
Austin, Texas-based hybrid has 12 employees, including five advisers
Omaha, Nebraska-based Tagge Rutherford Financial Group has 25 advisers
Hosts Jeff Benjamin and Bruce Kelly tackle the Wells Fargo riddle, with it's budget cuts that sent a sizable group of advisers packing. The Social Security trust funds, created to help pay future retirement benefits when payroll tax revenues alone are no longer sufficient, will run dry sooner than previously predicted due to the COVID-19 pandemic and the recession it triggered. Mary Beth Franklin joins to discuss her important cover story.
The shutdown caused by the pandemic threw millions of people out of work, which cut into the FICA payroll taxes that fund Social Security payments
Kirk Abrahamson and David Gray are joining the firm's employee unit in West Des Moines, Iowa
Daniel Rudden of Denver had received a 10-year sentence in a parallel criminal case