Consumers looking for retirement and tax planning advice may have a hard time finding an advisory firm that offers both. And advisors might want to step up to the plate to provide that combination. That’s one of the notable findings of a study released last week by Herbers & Co.,...
Birkenstock models stand in a retail store of the shoe manufacturer. The company plans to go public in New York. Sebastian Christoph Gollnow | Picture Alliance | Getty ImagesBirkenstock, the longtime German shoe brand known for its comfy and durable styles, is expected to price its IPO at $46 per...
A federal judge last week denied a broker’s effort to stop Finra from disciplining him. Eugene H. Kim filed a lawsuit in a Washington, D.C., federal court against the Financial Industry Regulatory Authority in August challenging its enforcement authority. In July, the broker-dealer self-regulator alleged that Kim misused customer funds...
PGIM, Prudential Financial’s investment management unit, said Tuesday that it’s lowering the fees on its target-date funds and collective investment trusts. The target-date series, the Prudential Day One Funds, has been renamed the PGIM Target Date Funds, and the funds’ net expense ratio will be cut to 0.25% from 0.40%. The...
The United Auto Workers want something that most Americans don’t have: traditional pension plans. It’s one of the union’s core demands that could help end the strikes at Ford, General Motors and Stellantis. But at a time when companies are trying to shed their financial liabilities for workers’ retirement security,...
The October 2023 edition of the latest in financial #AdvisorTech kicks off with the news that custodial platform Altruist is eliminating the $1-per-account monthly fee for its portfolio management and reporting technology for advisors on its platform. On one hand, that suggests that the economies of scale Altruist has...
Taylor Swift performs onstage for the opening night of her The Eras Tour at State Farm Stadium in Glendale, Arizona, on March 17, 2023.Kevin Winter | Getty ImagesTake us to church, Taylor.Starting Friday, Taylor Swift's The Eras Tour film arrives in theaters, and with it comes a certain expectation...
Unifor worker Rob Nimigon holds a flag at a picket line outside an entrance to the GM's Oshawa assembly complex, where the company’s profitable Chevrolet Silverado trucks are built, after 4,300 unionized workers went on strike at three General Motors plants, including Oshawa, Ontario, Canada October 10, 2023.Arlyn Mcadorey...
If you filed a tax extension for more time on your 2022 return, the deadline is fast approaching.The federal tax extension deadline on Oct. 16 is the last chance to avoid a late filing penalty, according to the IRS. However, some filers in disaster areas may have additional time."The...