Oscar Health Inc. has hired Dr. Okiki Louis to be president of its Oscar Medical Group arm. Oscar Health is a New York-based health insurer that recently went public. The company offers its own health care providers and...
In yet another trend, Fidelity noted, several strategic acquirers have announced multiple deals in the first quarter: Focus Financial Partners and Mercer Advisors announced four deals each; and Beacon...
On April 15, 2021, the U.S. District Court for the Southern District of New York entered a final consent judgment against Florida resident David Correia for his role in participating in an offering fraud that raised...
However, to be eligible for the remote option before the upcoming July exam, in addition to the tech requirements, candidates would have had to live more than 50 miles from a Prometric testing center or have a...
What You Need to Know The Secure Act removed the age restrictions on traditional IRA contributions. Traditional IRA contributions made after age 70 ½ can complicate the use of QCDs for your clients. Choosing between a...
Overall, net income for the wealth unit grew by $20 million from last year to $881 million as revenue inched up 1% from a year ago to $5 billion. Merrill advisors added 6,400 net new households in Q1, up 26% from Q4 and...
The Securities and Exchange Commission today announced partially settled charges against Martin Silver of Long Branch, New Jersey, in connection with a fraudulent scheme to overvalue assets held in a hedge fund offered...
Republicans have nearly universally said they won’t vote for Biden’s plan as constructed now. Time for Compromise That means House Speaker Nancy Pelosi is increasingly likely going to need to come up with a compromise...
“I’ll remind you,” Neal said, “the Secure Act passed our committee unanimously and passed the House by a vote of 417 to 3. I anticipate we’ll see a similar path with Secure 2.0, and we hope to move that legislation...
The pandemic has exposed stark differences in investment behavior between younger and older investors, J.D. Power reported Thursday, and it is incumbent on full-service wealth management firms to customize their...
What You Need to Know Suozzi, a Democrat from New York, has a personal interest in improving LTCI. He’d pay for the LTCI program with new payroll taxes. He envisions the program paying $3,600 in benefits per month...
They believe that as long as they give people what they want and need, there is no limit to the type or number of clients they can serve. As a result, they welcome all clients, and they build their client experience...
Many American businesses have adopted a work-from-home structure during the pandemic. In a new report, WalletHub notes that people who are allowed to work from home may not always have the best environment in which to...
Adams spent a decade of his career in public accounting with a focus on retirement plan consulting before joining the financial advice industry 14 years ago. Although his roots are in retirement planning and employee...
What You Need to Know Auto-enrollment at a 6% default rate can translate into up to 8% more income for life by allowing retirees to delay claiming Social Security, research finds. The Pew Charitable Trusts say using...
Consumer expectations for personalized, onlin`e shopping experiences have grown significantly in the past few years. The COVID-19 pandemic has only accelerated these expectations with consumers stuck at home and...
What You Need to Know Gauging a client’s appetite for risk is key. The possibility of market volatility is always there. Fixed indexed annuities don’t lose money for the holder just because interest rates...