Industry News

Newcomers cannot use the apprentice license to help with life or annuity product exchanges.      Related StoriesIRS Highlights Shrinking Tax Credits, Third-Party Payment Changes for 2023 - EnclosureAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - Enclosure 

Anticipating the questions could keep Google from eating your lunch.      Related Stories10 Great Life and Annuity Ads From 100 Years Ago - Enclosure5 Worst States for Working-Age COVID-19 Hospitalization Increases - EnclosureThe 10 Most Regretted College Majors - Enclosure 

Taxpayers who took certain credits in 2021 could get much smaller refunds in 2022, the IRS says.      Related StoriesIRS to Hike Interest Rates for Q1 - EnclosureQuiz: Do You Know These Essential Investment Tax Facts? - EnclosureWhat the IRS's 2023 Change to RMDs for Inherited IRAs Means for Clients - Enclosure 

The bill would direct the SEC to create a new registration form to replace the "largely inapplicable forms" currently used.      Related StoriesSEC Hits Firm, CEO for Failure to File Form CRS, No Compliance Policies - EnclosureImmediate Annuity Shoppers Look for 13% More Income: Cannex - EnclosureAdvisor Group BDs Hit With $1.3M FINRA Penalty - Enclosure 

Consumers under 30 have been out shopping for term life.      Related Stories5 Worst States for Working-Age COVID-19 Hospitalization Increases - EnclosureAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - Enclosure 

Kitces.com's chief planning nerd recently presented some powerful year-end tax planning opportunities.      Related Stories5 Worst States for Working-Age COVID-19 Hospitalization Increases - EnclosureQuiz: Do You Know These RMD Tax Facts? - Enclosure10 Questions Your Clients Are Asking Google About Life Insurance - Enclosure 

Nearly 80% of Americans surveyed expect to work with an advisor after receiving an inheritance.      Related StoriesAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - EnclosureCetera Keeps First Allied Brand After BD Closure - Enclosure 

The deal allows a transition for Northface owners while ensuring continuity, the firm said.      Related StoriesAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - EnclosureCetera Keeps First Allied Brand After BD Closure - Enclosure 

While worrying stats on retirement preparedness make headlines, there's also plenty of good news to celebrate.      Related Stories4 Trends Shaping Up in 401(k)s - Enclosure401(k) Plans Are Coming for Your Rollovers - EnclosureThe 10 Most Regretted College Majors - Enclosure 

Overall, 44% of job seekers wish they'd chosen a different major, a recruiting site found.      Related StoriesThe World's 17 Youngest Billionaires - EnclosureGoldman CEO Sounds Warning on Job Cuts, Pay - Enclosure10 Great Life and Annuity Ads From 100 Years Ago - Enclosure 

Leimberg was a longtime fixture in the financial planning and estate planning communities and shaped their evolution.      Related StoriesAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - EnclosureCetera Keeps First Allied Brand After BD Closure - Enclosure 

Goldman Sachs and Bank of America executives warned of hiring slowdowns on Tuesday, citing the uncertain economic outlook.      Related StoriesAdvisor Group BDs Hit With $1.3M FINRA Penalty - EnclosureRobinhood Unveils IRAs With 1% Match, Opens Waitlist - EnclosureCetera Keeps First Allied Brand After BD Closure - Enclosure 

The firm's BDs "negligently failed" to tell investors that GPB Capital didn't "timely make" required SEC filings tied to private placements.      Related StoriesRobinhood Unveils IRAs With 1% Match, Opens Waitlist - EnclosureCetera Keeps First Allied Brand After BD Closure - EnclosureSEC Hits Firm, CEO for Failure to File Form CRS, No Compliance Policies - Enclosure 

"First Allied remains a community" within Cetera Advisors but is "no longer a separate legal entity," said CEO Adam Antoniades.      Related StoriesSEC Hits Firm, CEO for Failure to File Form CRS, No Compliance Policies - EnclosureNext Pretrial Hearing Set for LPL Network Firm Employee Charged in Double Murder - EnclosureSocial Security Administration Unveils New SSA.gov Website - Enclosure 

Two Point Capital Management adopted as its written compliance policies, without any modification, a handbook published by a professional trade group.      Related StoriesNext Pretrial Hearing Set for LPL Network Firm Employee Charged in Double Murder - EnclosureSocial Security Administration Unveils New SSA.gov Website - EnclosureGoldman CEO Sounds Warning on Job Cuts, Pay - Enclosure