Putting ‘Wealthtech’ to Work to Expand Client Engagement
In adjusting to current market demands, banks must expand their engagement efforts in order to attract new clients as well...
Wealth Management
DOL Provides Temporary Relief for Fiduciaries of Plans with Missing Participants
The Department of Labor this week issued a field assistance bulletin to address the problem of so-called “missing participants”—participants and...
Now is the Time to Reinvent Wealth Management
Harnessing a multichannel approach will champion your bank’s purpose and vision to benefit your clients, your advisers and the world.
Darrin Williams: Behind the Scenes at an Innovative CDFI
Southern Bancorp’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the...
Labor Department Finalizes Fiduciary Investment Advice Exemption
The Department of Labor today finalized its proposed class exemption on fiduciary investment advice.
DOL Finalizes Rule on Proxy Voting
The Department of Labor today issued a final rule formalizing requirements regarding a fiduciary’s proxy voting activity under the Employee...
SEC Finalizes Rule on Fair Value Determinations
The SEC last week voted to adopt a new rule under the Investment Company Act of 1940 addressing the valuation...
ABA Salutes ’40 Under 40’ in Wealth Management
The American Bankers Association has announced the recipients of its inaugural 40 Under 40 in Wealth Management Award.
Podcast: ‘Folks Who Are Low-Wealth Also Need Wealth Advisers’
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so...
IRS Finalizes Rule on Trusts, Estates Deductions
The IRS has issued a final rule confirming that deductions allowed under Internal Revenue Code section 67(e) for costs incurred...
