This advice doesn't come cheap, however. The base annual fee is 0.50 percent of assets for self-service financial planning and goes up to 0.80 percent for unlimited access to a personal financial advisor. That's serious cash if you have a large portfolio.
CAPTRUST Financial Advisors , a Raleigh, N.C.-based wealth management and investment consulting firm, has acquired CapTrust Advisors, a Tampa, Fla.-based investment consultant. The combined assets under advisement is $243 billion, according to a .
One of the last acts of the old financial regulator, the Financial Services Authority (FSA), in 2013 was to ban the payment of commissions to financial advisors and sales staff by firms whose pensions and investment products they were selling – part of.
The head of retirement research at Morningstar warns in a new report that with partial implementation of the rule now underway, FAs need to adhere to best practices as outlined by fee disclosure mandates used by corporate pension and health plans. In.
MCF Advisors LLC now owns 949 shares of the railroad operator's stock worth $106,000 after purchasing an additional 227 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of Norfolk Souther Corporation by 35.3.
“The math speaks for itself,” Glenn Landau, the chief financial officer of International Paper, told the Financial Times. “That is a tax deductible ... By 2019, that fee is expected to rise to 4.2 per cent, according to Bank of America Merrill Lynch.
Smaller companies haven't been spared either—new lawsuits have targeted Nationwide Life Insurance Co. and Voya Financial Inc. over the fees they charge to small retirement plans. The claims of fiduciary breach were based on the alleged excessive fees  .
Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Cincinnati Financial Corporation (NASDAQ:CINF) by 19.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The.
That prompted the couple to apply for free financial advice through The Seattle Times' Money Makeover project. Working with The Times, the Financial Planning Association of Puget Sound connected the Vargases with Steve Burkett, a financial planner with .
Creating a carefully designed plan with the help of your financial advisor and estate attorney in advance is ... fully understand how different retirement vehicles will be treated. Pensions or 401(k)s will likely have more restrictions for beneficiaries.
I'm just a simple financial planner , so don't know much about marketing, but I'm not sure why the focus has been so, well, focused. ... It sounds like you and your husband don't need the RRIF income if you have DB pensions and he's still working and.