Guaranteed income gives retirees a "license to spend"

Retirees spend twice as much when they have guaranteed income, research finds

Most people don't plan bequests and many unnecessarily cut back on discretionary spending in retirement, according to a paper from an industry group.

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SEC boots California RIA linked to crypto, private funds

"Nobody knows what’s happening internally in these pooled funds at the retail level," said one plaintiff's attorney.

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Her perspective is different, her objective is the same — a secure retirement

Discover how women’s unique life experiences shape their approach to saving and investing. As they prepare for a secure retirement, understanding these nuances can help you guide your clients more effectively.

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BlackRock piles on to buffer ETF trend

BlackRock's new ETF targets up to 100 percent downside protection over the course of a year while capping upside gains.

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VIDEO

Why advisors don’t have to choose between personalization and scale

Osaic SVP Catherine Knopf sits down with InvestmentNews anchor Gregg Greenberg to discuss why personalization and scale need not be mutually exclusive for advisors building their practices.

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SEC updates annuity disclosure rules for RILAs, MVAs

The amendments aimed at fostering a more tailored approach to disclosure for non-variable annuities sparked concerns for one dissenting commissioner.

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EP Wealth scoops $700M Texas practice

The fast-growing RIA boosts its assets in the state past $1B as it welcomes a 23-year planning and investment veteran as its new regional director.

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Errant ex-advisor who lost clients almost $2M hit with 10-year prohibition

Former advisor reportedly put his clients in unsuitable private placements and misappropriated part of a senior client’s $675K investment, among other breaches.

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RayJay amplifies Las Vegas presence with wirehouse superteam

The ensemble joins the broker-dealer giant’s employee advisor channel after managing more than $1B at Morgan Stanley.

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LPL lands father-daughter advisor pair from Morgan Stanley

The independent wealth giant adds the two breakaway advisors, who managed roughly $290M at the wirehouse, in Washington DC.

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‘Roaring Kitty’ orchestrated GameStop pump and dump, class action alleges

A federal lawsuit against the famed meme stock influencer alleges he purchased 120,000 options before re-emerging to post about the company in May.

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Weed ETF waives fee ahead of much-awaited drug relabeling

The sector-focused fund will sport a zero percent expense ratio for a limited time as regulators move to reclassify the substance.

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Goldman Sachs launches $3 billion fund to buy real estate bargains

Wall Street behemoth poised to swoop on property investors

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