Edelman puts a dealmaker in charge of retirement plan services
Christian Mango's appointment puts acquisitions at the center of Edelman's workplace retirement strategy.
August 19
The Retirement Advisers Desk 4 stories this week · 57 total
SEI brings Zocks AI to its $2.1 trillion adviser network
The partnership pairs an AI assistant with adoption programming, targeting the back-office work advisers would rather skip.
Retirement planning now runs from birth to late-life care
Guardian's Trump Account math starts wealth-building at age zero; Bquest says advisers ignore the costs of growing old.
Zero-fee IRAs can carry more than $1,400 in hidden annual costs
PensionBee's analysis of cash sweep spreads and other charges gives retirement advisers a checklist for vetting IRA providers.
Edelman turns its retirement unit over to a dealmaker
Edelman hires a dealmaker to run its retirement unit, a clue it plans to buy its way toward turning 401(k) participants into planning clients.
Deep AI Users Report Stronger Profit and Revenue Gains
A Fieldguide survey and Cerulli data show heavy AI adoption tied to growth, even as advisers give their broader tech modest marks.
OpenArc expands fiduciary reach into provider search
The Dynasty-backed RIA is betting sponsors will pay for an independent hand in choosing benefits providers, not just investment oversight.
Savvy Wealth tops Inc. 5000 financial-services list at No. 11
Three-year revenue growth of 13,086% put the New York RIA at the top of Inc.'s financial-services category and gave its advisor-recruiting pitch a credential.
Mesirow buys flexPATH's 3(38) business in second fiduciary deal
The deal deepens Mesirow's custom-portfolio reach and gives it a second outsourced-fiduciary acquisition this year.
401(k) silos are cracking under wealth-pressure
Technology, participant expectations, and advisor demand are pulling workplace retirement accounts into the wider wealth-management orbit.
OpenArc moves into recordkeeper searches as an independent fiduciary
The RIA is taking its fiduciary practice to the search stage, where provider selection sets up the ongoing oversight to follow.
OpenArc adds recordkeeper search to its fiduciary platform
The independent RIA is turning recordkeeper searches into a way to pitch its no-revenue-sharing model to sponsors with 401(k), equity comp, and HSAs.
Vanguard custom models put a dial in advisers' hands
The new portfolios run through Vestmark, SS&C Black Diamond, and Orion workflows.
Vanguard opens model portfolios to adviser customization
Advisers can tailor Vanguard's models without leaving its low-cost investment approach; the two-thirds time-savings claim is the pitch.
OpenArc launches independent provider search for plan sponsors
The open-architecture firm with no proprietary products moves into RFP and RFI work, an entry point for its fiduciary business.
Mesirow buys flexPATH's 3(38) retirement-plan business
Mesirow's purchase folds flexPATH's plan-level 3(38) line into a $164 billion fiduciary platform.
Edelman puts an M&A veteran atop its retirement unit
Hiring former OneDigital dealmaker Christian Mango points to an acquisition-led growth push for the retirement plan unit.