The convergence of low bond prices, high inflation and market volatility has boosted the number of retirees being forced to go back to work.
Total annuity sales surged to $310.6 billion last year, a 22% spike from 2021 results and 17% above the record set in 2008.
A ranking of the best states to retire takes into account factors related to affordability, health care and overall quality of life.
Fund manager Michael Cuggino talks about the value that asset classes like precious metals and real estate can provide.
The deal will bring Cetera more than 1,000 advisors with $24.8 billion in assets under management and $47.4 billion in assets under administration.
After tanking in 2022, some of the biggest actively managed funds in 401(k)s are outperforming thanks to a comeback in tech stocks.
Such plans can help clients catch up on retirement saving while offering significant tax benefits.
Over two-thirds of respondents in a Morgan Stanley at Work survey would access the help of financial professionals with investing questions if it were available.
Soteria blends personalized safe-landing target-date fund glide paths with the personalization of managed accounts.
A survey of business owners shows that amid inflationary pressures and economic uncertainty, 43% of those who work with an advisor say they've communicated with their advisor more frequently in the past year.
Not only did Social Security benefits increase in 2023, but Medicare Part B premiums declined for the first time in more than a decade, resulting in larger net Social Security benefits for most retirees.
A new report from Nationwide shows 62% of women are putting off retirement or don’t believe they will ever retire due to inflation, compared to 47% of men.
An unusual coordinated effort among state lawmakers seeks to impose wealth taxes across the country, but advisors warn levies on assets will drive high-net-worth clients to lower-tax states.
The death of Lisa Marie Presley may leave her children on the hook for $1 million in back taxes. Could this have been avoided?
Half of near-retirees are relying on self-education to understand Social Security and Medicare, while 53% plan to use an advisor to maximize retirement income sources.
James Couture of Worcester, Massachusetts, had pleaded guilty in September to being involved in a scheme to steal $2.8 million from clients.
The combination of rising prices and a falling stock market have worsened the retirement crisis, with 37% of retirees surveyed saying they have no savings at all.
The asset manager will make a minority investment in Human Interest, as well as leading a financing round to support the next phase of the company’s growth.
But the two groups are almost evenly split on the outlook for inflation in the coming year, according to a study by Ubiquity.
TrustCore marks Captrust's second acquisition in Nashville and the firm's 63rd deal since 2006.
