Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
59% of Advisors Do Not Rollover Clients’ 401(k)s to IRAs
Pontera finding cited better 401(k) plan benefits as a reason for not rolling the account to an IRA
Over 80% of Gen Zers and Millennials Seek Financial Advice
intelliflo findings show younger generations want better financial advice, but have not sought out guidance
Expect a Mild Global Recession in 2024
Nuveen's 2023 Midyear Outlook points to rising rates among central banks, along with global factors, for a recession next year
More Investors Shift Focus Back to Long-Term Planning
Research from Betterment finds investors may be shifting their attention back to retirement planning and emergency savings
Concerned Over Investment Protection, Retirees Look to Lifetime Income
Global Atlantic Financial Group found 70% of retirement age investors have spoken to financial professionals about conservative asset allocations
DC Savings and Investing Collectively Dropped in 2022
Savings and investing within defined contribution plans fell last year, but Alight research argues the drops weren't as devastating as initially thought
OneDigital Buys $3.8 Billion StoneStreet Equity
StoneStreet will bring in $3.8 billion in AUA, along with their entire team, to OneDigital
Vestwell Grows MEP and PEP Capabilities
The firm provides a fully digital plan setup and onboarding process for advisors and TPAs to manage and scale multiple plans simultaneously
Corporate Roundup: Carson Group Adds $5 Billion RIA, Waverly Advisors Acquires Silicon Hills
The Carson Group announces equity partnership with Northwest Capital Management, Waverly Advisors acquires Silicon Hills Wealth Management, and more
Guaranteed Lifetime Income Solutions May Grow Retirement Spending Power
A new report by the Bipartisan Policy Center and BlackRock found that adding guaranteed lifetime income generates 29% more annual spending ability