The Client: ERISA plans/institutional management
February 24, 2021
Morgan Stanley Inks Deal to Add Law Firm Software Users to Shareworks
The agreement with Wilson Sonsini Goodrich & Rosati will enable companies using the law firm’s software to migrate to Shareworks, with referrals continuing to go to a pre-selected group of 500 FA teams.
February 17, 2021
Captrust Adds $154B Retirement Plan Firm
The recent addition brings Captrust’s assets under advisement to more than $600 billion.
February 1, 2021
OneDigital Acquires $7B in Nonqualified Plan Assets
The latest addition is Florida-based Fulcrum Partners.
January 26, 2021
Fidelity Rolls Out Pooled Employer Plan
The plan will only include the firm’s proprietary no-fee mutual funds.
January 22, 2021
OneDigital Acquires Vertical Financial Group
The addition will bring $1 billion in retirement plan assets and more than 400 households with over $160 million in assets.
December 21, 2020
Retirement Savings at Record Contribution and Participation Rates in 2019: Report
The Plan Sponsor Council of America says the healthy savings rates helped prepare many for the Covid-19 pandemic.
December 14, 2020
DOL Finalizes Rule Limiting ESG Considerations in Proxy Voting
The new rule requires plan fiduciaries to vote solely on the basis of financial benefit to plan participants.
December 11, 2020
Raymond James to Acquire $35B Retirement Plan Administration Firm
NWPS Holdings, which currently has 400,000 participants, will continue operating under its own name.
December 8, 2020
Trader Joe's Wins in Another 401(k) Legal Battle
A suit brought in June accused the firm’s retirement plan of favoring the recordkeeper at the expense of the plan participants.
December 2, 2020
Fidelity’s New RIA Accounts Up 164% YoY
The firm’s managed account assets, meanwhile, have surpassed $500 billion.