David Blanchett, who headed retirement research at Morningstar Inc., has been named head of retirement research at QMA, the quantitative equity and multi-asset solutions unit of PGIM, the $1.5 trillion global investment management business of Prudential Financial.
Blanchett is an adjunct professor of wealth management at The American College of Financial Services and was formerly a member of the ERISA Advisory Council. He had been with Morningstar for nine years.
“Over the next 10 years, income solutions will come to dominate the DC marketplace,” said Andrew Dyson, QMA’s CEO. “David is a recognized retirement thought leader and his experience will be invaluable as we position ourselves for the future.”
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Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
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