ABA supports bipartisan bill to expand 403(b) investment
The legislation would amend the Exchange Act to allow 403(b) retirement plans to invest in unregistered insurance contracts and collective...
Wealth Management
ABA urges SEC to drop hard close requirement for mutual fund orders
In a comment letter this week, the American Bankers Association urged the Securities and Exchange Commission to drop its proposed...
ABA to SEC: Minimize burdens on banks, affiliates from investment adviser outsourcing proposal
In a recent letter to the Securities and Exchange Commission, ABA offered feedback on its recent registered investment adviser outsourcing...
Poll: Even high-net-worth individuals feeling pinch of inflation
Most Americans—including millionaires—don’t consider themselves wealthy and are worried about inflation and a possible recession, according to a survey commissioned...
Survey: Younger adults to seek financial advice after inheriting
Most younger adults in the U.S. plan to work with a financial adviser after inheriting from a family member, according...
Earning and sustaining relevance as a wealth adviser in 2023
Advisers can’t take clients for granted—relevance has to be re-earned.
Survey: Younger investors drawn to wealth management apps
Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct...
DOL finalizes ESG investing rule
The Department of Labor finalized a new rule regarding environmental, social and governance investing and a fiduciary’s proxy voting activity...
College athletes starring in bank marketing: NIL rule changes mean new opportunities
Banks are looking to leverage the growing name, image and likeness universe.
Podcast: Fueling innovation through a venture strategy
Banks of all sizes access the innovation ecosystem through in-house development, fintech partnerships, acquisitions and venture investment. Huntington Bank does...
