Hightower National Trust Co. is part of the firm's effort to offer a range of family office services to its high-net-worth and ultra-high-net-worth clients.
The creation of liquidity in certain alternative products aimed at retail investors has broadened their appeal.
Digital tokens like Bitcoin and Ethereum are classified as property by the Internal Revenue Service and taxed like stocks and bonds.
Many provisions in the House Education and Labor Committee bill have only Democratic backing, which reduces their chances of being part of a bigger retirement savings measure later this year.
Stace Hilbrant, managing director of Wilmette, Illinois-based 401(k) Advisors, will join Hub.
Black Americans increasingly turn to newer types of assets, like cryptocurrency, that are less likely to be associated with structural discrimination, according to a study from Ariel and Schwab.
The deal pushes Millennium up to 5 million individual client accounts and $47 billion of total assets under administration.
Investors in the $1.6 billion of bonds issued by GWG face dire consequence if the alternative asset manager files for bankruptcy.
Survivor benefits can continue for those who wait until they're 60 to wed.
Under Biden's plan, wealthy individuals would owe taxes on the unrealized gains of their assets, in addition to realized gains, a change that would upend long-standing tax principles.
The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.
The judge says the insurer didn’t violate its fiduciary duty by retaining agreed-upon investments.
Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.
Proposed legislation in Kentucky that would tax services including financial planning and investment management could significantly harm the way Kentuckians save and plan for retirement.
Vania May Bell is former chief compliance officer of Executive Compensation Planners Inc., where her father was president.
Supporters of the legislation, which would raise the RMD age to 75, are pushing for Senate action to get a final bill to President Biden later this year.
The measure would be another piece of Senate legislation that complements the SECURE 2.0 bill poised for House approval.
The company's asset management unit already supervises a total of $350 billion in assets in defined-benefit and defined-contribution accounts and will utilize the acquisition to provide new digital tools to customers.
The proposal, which goes after households worth at least $100 million, enters unprecedented territory by trying to tax unrealized gains.
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
