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BlackRock bitcoin ETF has crypto fans wondering about change of course at SEC
RIAS JUN 16, 2023
BlackRock bitcoin ETF has crypto fans wondering about change of course at SEC

Given the three dozen others that have filed for a bitcoin ETF without success, ETF watchers are wondering if BlackRock has an inside track to gain approval.

Retirement saving at new high thanks to automatic enrollment
RETIREMENT PLANNING JUN 16, 2023
Retirement saving at new high thanks to automatic enrollment

Vanguard's annual retirement report showed auto enrollment removes a barrier to entry for employees saving for retirement.

Financial wellness still has room for improvement, younger workers say
RETIREMENT PLANNING JUN 16, 2023
Financial wellness still has room for improvement, younger workers say

Only 24% of young adults strongly agree that their employer has policies or structures in place to support work-life balance.

Justice Department and SEC probe Goldman role in SVB
REGULATION AND LEGISLATION JUN 16, 2023
Justice Department and SEC probe Goldman role in SVB

Regulators are looking at Goldman Sachs' role in Silicon Valley Bank's efforts to raise funds shortly before it collapsed in March.

2023 investment directions
INDUSTRY NEWS JUN 16, 2023
2023 investment directions

ETFs are still tops with financial advisors and more advisors are using alternatives, according to an annual survey by the Financial Planning Association and the Journal of Financial Planning.

Schwab account migration reminds us why Twitter whining should be taken lightly
FINTECH JUN 15, 2023
Schwab account migration reminds us why Twitter whining should be taken lightly

Both TD Ameritrade and Schwab have been busy addressing migration concerns, but a little perspective would be useful here.

Bill restricting ESG passes in North Carolina
ESG JUN 15, 2023
Bill restricting ESG passes in North Carolina

The measure, which could survive the governor's veto, would still allow ESG factors that are 'pecuniary.'

Betterment adds 529 plans to workplace benefits offering
FINTECH JUN 15, 2023
Betterment adds 529 plans to workplace benefits offering

The new partnership with Ascensus is the robo-advisor's second foray into college savings plans.

Seniors take $28.3 billion hit annually from financial exploitation, AARP finds
REGULATION AND LEGISLATION JUN 15, 2023
Seniors take $28.3 billion hit annually from financial exploitation, AARP finds

Artificial intelligence and restrictions on some transactions by elder customers could help reduce the problem, financial industry officials say.

Cetera CEO Antoniades: 'I'm not going anywhere'
RIAS JUN 15, 2023
Cetera CEO Antoniades: 'I'm not going anywhere'

Regardless, plenty of questions remain about the future of the long-time Cetera executive.

Don't misread the Fed's pause in June as the end of higher rates
FIXED INCOME JUN 15, 2023
Don't misread the Fed's pause in June as the end of higher rates

Scrambling to stay ahead of the central bank's next move, advisors and market watchers think the Fed is trying to keep the markets on their toes.

ESG risks facing biopharmaceutical firms
OPINION JUN 15, 2023
ESG risks facing biopharmaceutical firms

Pricing, product governance and legal liabilities are some of the factors to consider when assessing drug companies.

LPL adds Royal Alliance team overseeing $230 million in assets
BROKER DEALERS JUN 15, 2023
LPL adds Royal Alliance team overseeing $230 million in assets

Lexington, Kentucky-based VFG Wealth Management and Benefit Solutions works with both individuals and small businesses.

Social Security benefits targeted for cuts by House conservatives
RETIREMENT PLANNING JUN 15, 2023
Social Security benefits targeted for cuts by House conservatives

A proposal by the House Republican Study Committee would gradually increase the retirement age until it hit 69 for those turning 62 in 2033.

The Truth About Custom Indices
LIFE INSURANCE AND ANNUITIES JUN 15, 2023
The Truth About Custom Indices

What’s behind the surge in popularity among fixed indexed annuities? Their aim to help protect principal and achieve predictable returns is part of the story—and layering in a custom index can be a smart part of that strategy.

Bottled-up rage: Bud Light and ESG, Part II
OPINION JUN 14, 2023
Bottled-up rage: Bud Light and ESG, Part II

Investors who see risk associated with ESG are in for a surprise.

Schwab says Q2 revenue could decline as much as 11%
INDUSTRY NEWS JUN 14, 2023
Schwab says Q2 revenue could decline as much as 11%

The company's shares have lost more than one-third of their value this year as higher rates led customers to yank cash out of Schwab's low-yielding sweep accounts,

What exactly does financial wellness mean for employers and workers?
RETIREMENT PLANNING JUN 14, 2023
What exactly does financial wellness mean for employers and workers?

Financial wellness looks and feels different across companies, but all programs should provide employees with the tools and confidence they need to achieve their financial goals.

Fed puts a hold on rate hikes after 15 months of increases
RETIREMENT PLANNING JUN 14, 2023
Fed puts a hold on rate hikes after 15 months of increases

The Federal Reserve signaled it would likely resume tightening to cool inflation, projecting more increases than economists and investors expected.

Finra considers increasing liquidity requirements for brokerages
REGULATION AND LEGISLATION JUN 14, 2023
Finra considers increasing liquidity requirements for brokerages

The regulator is seeking public comment on a concept proposal that would require member firms to maintain sufficient cash and assets to meet obligations during times of stress.