401(k) Real Talk Episode 96: March 6, 2024

Mar 06, 2024

Open, honest and candid discussion about the flexPATH lawsuit verdict, AI in DC plans, employee engagement, convergence and retirement plan advisor due diligence.

Modern Wealth Launches Retirement Plan Business with $1.2B Acquisition

Mar 06, 2024

Beltz Ianni & Associates left LPL to become the sixth firm acquired by the independent RIA since its April 2023 debut.

Father-Son Team Departs Longtime IBD to Create $750M RIA

Mar 05, 2024

Lance and Gideon Drucker, who had been with Hornor, Townsend & Kent for over 40 years, will use Fidelity and Altruist for custody, and PKS for brokerage business.

Preqin Estimates Evergreen Fund Market Is Now $350B Globally

Mar 05, 2024

Use of interval funds, BDCs, non-traded REITs and tender offer funds by the wealth channel has significantly increased in the past decade.

Federal Court Rules Corporate Transparency Act Unconstitutional

Mar 05, 2024

But for now, the law remains in effect for everyone except the plaintiffs in this case.

Mark Casady Joins Foundation Source Board

Mar 05, 2024

Casady’s venture capital firm, Vestigo Ventures, has invested in Foundation Source.

$350M New Hampshire Team Joins Raymond James From Morgan Stanley

Mar 05, 2024

The advisors will form the Northeast Legacy Group of Raymond James, based in Hanover, N.H.

RIA Roundup: MAI, Beacon Pointe & Perigon Wealth Make Acquisitions

Mar 05, 2024

MAI and Beacon Pointe enter new regional markets, while Perigon completes deals in New York and Michigan.

Mercer Acquires $2.5B Seattle Firm

Mar 05, 2024

Mercer CEO Dave Welling said the acquisition of MDK Private Wealth Management will boost the firm’s presence in the Pacific Northwest.