This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
Gautam Arora allegedly defrauded four victims out of $100,000 to secure investments that didn't exist.
The new annuity functionality will help advisers using Morningstar's workstations manage annuity transactions for their clients.
Supporters say the measure will help consumers grasp the product, a kind of variable annuity touted for its downside protection and used in retirement savings.
Financial House, a six-adviser group based in Centreville, Delaware, was established more than 30 years ago and is now in its second generation of owners.
Most beneficiaries who stay in their current plans will pay more in 2023, and Medicare open enrollment, which lets beneficiaries change plans, ends next week.
Bank sales propelled fixed-rate deferred and fixed-indexed annuity sales to hit record levels for the second consecutive quarter.
The one-year drop in premiums does not offset the overall inflation in health care costs.
There's increasing interest in employing annuities in retirement plans, but plan sponsors need to review the products carefully.
Turnkey asset management platforms can help advisers grow their practices, panelists say.
Investors are clamoring for guaranteed-income strategies this year primarily due to an uncertain stock market and spiraling inflation.
Commission revenue for fixed-income investments and annuities increased in the third quarter at LPL.
Libra Insurance Partners and Insurance Designers of America have agreed to merge.
Total annuity sales rose 27% to $79.6 billion in Q3, Limra reported, while fixed-rate deferred annuity sales came in 159% higher than in the same quarter last year.
The ESG product would seek to expand disaster coverage and provide pricing transparency.
'No one is going to want to settle with broker-dealers over GWG claims until the bankruptcy is resolved,' an attorney said about the lawsuit filed by Emerson Equity.
Customer satisfaction drops soon after life insurance and annuities are purchased according to a new survey.
The firm designs and manages retirement plans, including 401(k)s, 403(b)s and 457(b)s, as well as defined-benefit and cash-balance plans.
Selling life insurance policies can help retirees meet expenses, but such transactions, known as life settlements, are overlooked by the financial planning world.
Perry, who most recently served as the firm's chief operating officer, succeeds Doyle Williams, who is returning to parent company Protective Life.
