The Daily Brief

The retirement of two executives means changes for leadership in Prudential's annuities business and other divisions.

The fund family is making an even bigger push for boards to reflect diversity in terms of gender, race and ethnicity as well as skill, experience and opinion.

The announcement comes just in time for the insurance industry’s annual Life Insurance Awareness month in September.

Erik Davidson, former chief investment officer at Wells Fargo’s private bank, is joining Inspire Investing, a 'biblically responsible' investment firm, as chief economic advisor.

The top 25 fund families hold $15.7 trillion, or 82% of investors’ assets in U.S. funds, according to Morningstar.

The SEC on Tuesday charged Philadelphia investment advisor Brenda A. Smith with defrauding investors of over $100 million.

The six finalists present their products before a panel of judges next month.

The purchase of Winslow, Evans & Crocker will add 50 advisors and $2.5 billion.

Summit announced that two advisors with more than $1.5 billion in AUM will join the firm from Wilmington Trust to open the office in Harrisburg.

The team, with $300 million in client assets, has formed StrongBox Wealth and partnered with Dynasty for back-office services.