Find the latest industry news below.

  • Why Crypto Bull Cathie Wood Skipped the New Bitcoin ETF
    on October 20, 2021 at 4:22 pm

    "There are some tax ramifications we'd like to understand more ... ," she said at the Milken Institute Global Conference on Tuesday.      Related StoriesHow Millennials, Gen Xers View Wealth Differently - EnclosureOnly Half of Institutional Investors Expect to Meet Target Returns by 2025: Fidelity - EnclosureGensler's Terrible 10: SEC Rules That Make Wall Street Tremble - Enclosure 

  • Health Insurance Giant Anthem Shrugs Off COVID-19 Claims
    on October 20, 2021 at 4:14 pm

    Medicare Advantage enrollment increased 31%.      Related StoriesDemocrats Move to Break Stalemate on Biden Plan by Scaling Back - EnclosureSenators Sign On to Medicare Advantage Defender Team - EnclosurePros, Cons of Wall Street's Great Inflation Trade - Enclosure 

  • Democrats Move to Break Stalemate on Biden Plan by Scaling Back
    on October 20, 2021 at 4:03 pm

    Extended child tax credits will likely be pared back, while expansions to Medicare and the SALT deduction are expected to remain.      Related StoriesSenators Sign On to Medicare Advantage Defender Team - EnclosurePros, Cons of Wall Street's Great Inflation Trade - EnclosureHouse Debut of Sweeping Social Security 2100 Bill Is Delayed - Enclosure 

  • Pros, Cons of Wall Street's 6 Great Inflation Trades
    on October 20, 2021 at 3:58 pm

    BofA fund manager survey shows investors are overweighting assets that benefit from rising prices or higher yields.      Related StoriesHouse Debut of Sweeping Social Security 2100 Bill Is Delayed - EnclosureThe Best Life Insurers for Customer Satisfaction — J.D. Power, 2021 - EnclosureSenators Sign On to Medicare Advantage Defender Team - Enclosure 

  • House Debut of Sweeping Social Security 2100 Bill Is Delayed
    on October 20, 2021 at 2:22 pm

    Rep. John Larson was to introduce the legislation Wednesday morning with other lawmakers.      Related StoriesThe Best Life Insurers for Customer Satisfaction — J.D. Power, 2021 - EnclosureSenators Sign On to Medicare Advantage Defender Team - EnclosureJamie Dimon Boosts JPMorgan Wealth Advisors' Pay From Windsor Castle - Enclosure 

  • Schwab CEO: Personalized Investing 'Coming at Us Like a Freight Train'
    on October 19, 2021 at 11:04 pm

    During the opening session of Schwab Impact, Walt Bettinger also pointed to the huge opportunity for growth in the RIA sector.      Related StoriesThe Best Life Insurers for Customer Satisfaction — J.D. Power, 2021 - EnclosureSenators Sign On to Medicare Advantage Defender Team - EnclosureJamie Dimon Boosts JPMorgan Wealth Advisors' Pay From Windsor Castle - Enclosure 

  • The Best Life Insurers for Customer Satisfaction — J.D. Power, 2021
    on October 19, 2021 at 9:21 pm

    The ability to place assets in a tax-advantaged plan is drawing clients to life insurance and boosting satisfaction.      Related StoriesTwo-Thirds of Americans Don't Use Financial Advisors: Survey - EnclosureSenators Sign On to Medicare Advantage Defender Team - EnclosureJamie Dimon Boosts JPMorgan Wealth Advisors' Pay From Windsor Castle - Enclosure 

  • What a Retirement Plan TPA Can Do
    on October 19, 2021 at 9:17 pm

    A TPA executive talks about what they are, and how they work with plan advisors and recordkeepers.      Related Stories7 Steps to Keeping a Client Whose Advisor Has Left the Firm - EnclosureIs Setting Up a Trust in South Dakota Really Worth It? - EnclosureFine Wine and Life Insurance - Enclosure 

  • Jamie Dimon Boosts JPMorgan Wealth Advisors' Pay From Windsor Castle
    on October 19, 2021 at 9:04 pm

    The bank is revamping its 20-year-old pay structure for J.P. Morgan Advisors as it aims to double the unit's headcount.      Related StoriesSenators Sign On to Medicare Advantage Defender Team - EnclosureNationwide, Annexus Add Annuity-Wrapped Target Date Funds - EnclosureTIAA Sues Ex-Advisors for Allegedly Soliciting Clients - Enclosure 

  • Senators Sign On to Medicare Advantage Defender Team
    on October 19, 2021 at 9:00 pm

    The list of 13 members includes five Republicans, Kyrsten Sinema and Joe Manchin.      Related StoriesTwo-Thirds of Americans Don't Use Financial Advisors: Survey - EnclosureJamie Dimon Boosts JPMorgan Wealth Advisors' Pay From Windsor Castle - EnclosureNationwide, Annexus Add Annuity-Wrapped Target Date Funds - Enclosure 

  • 12 Warning Signs That a Client Is a Bad Fit
    on October 19, 2021 at 8:47 pm

    There are certain types of clients you should think twice about accepting, refer to another advisor or completely avoid.      Related Stories7 Steps to Keeping a Client Whose Advisor Has Left the Firm - EnclosureHow Millennials, Gen Xers View Wealth Differently - EnclosureTwo-Thirds of Americans Don't Use Financial Advisors: Survey - Enclosure 

  • Schwab to Launch Direct Indexing Platform in Early 2022
    on October 19, 2021 at 8:41 pm

    Schwab is currently piloting the program, which initially is focused on investments in three equity indexes.      Related StoriesNationwide, Annexus Add Annuity-Wrapped Target Date Funds - EnclosureTIAA Sues Ex-Advisors for Allegedly Soliciting Clients - EnclosureTwo-Thirds of Americans Don't Use Financial Advisors: Survey - Enclosure 

  • Building Better Bridges
    on October 19, 2021 at 8:37 pm

    The author looks at how financial professionals can make stronger connections with BIPOC communities.      Related StoriesTwo-Thirds of Americans Don't Use Financial Advisors: Survey - Enclosure7 Steps to Keeping a Client Whose Advisor Has Left the Firm - EnclosureIs Setting Up a Trust in South Dakota Really Worth It? - Enclosure 

  • Credit Suisse to Pay $475M in Bribery Scheme
    on October 19, 2021 at 8:11 pm

    The scheme involved transactions that raised funds to pay kickbacks to bankers and bribes to government officials in Mozambique.      Related StoriesSEC Would Get $74M Funding Boost Under Senate Bill - EnclosureGrayscale Moves Ahead on Plans to Convert Bitcoin Trust to ETF - EnclosureNationwide, Annexus Add Annuity-Wrapped Target Date Funds - Enclosure 

  • Nationwide, Annexus Add Annuity-Fueled Target Date Funds
    on October 19, 2021 at 7:45 pm

    Allianz Life and Pacific Life also have annuity product launch news.      Related StoriesTIAA Sues Ex-Advisors for Allegedly Soliciting Clients - EnclosureTwo-Thirds of Americans Don't Use Financial Advisors: Survey - EnclosureSEC Would Get $74M Funding Boost Under Senate Bill - Enclosure