Retirement Capital Daily

CITs take the lead in target-date assets; income is next

Two decades after the Pension Protection Act, collective investment trusts hold 55% of the $5.3 trillion target-date market, and income features have become the next battleground.

Published Aug 18, 5:18 AM ET

Plans & Sponsors

MissionSquare moves into wealth management, putting advice beside retirement

The $73.6 billion retirement services company adds a brokerage and robo, turning the plan administrator into an advice provider.

Retirement Advisers

OpenArc moves into recordkeeper searches as an independent fiduciary

The RIA is taking its fiduciary practice to the search stage, where provider selection sets up the ongoing oversight to follow.

Vanguard opens model portfolios to adviser customization

Retirement Advisers · 4h ago

OpenArc adds recordkeeper search to its fiduciary platform

Retirement Advisers · 4h ago

Wellness engagement moves older savers to act on retirement planning

Plans & Sponsors · 5h ago

Alto's Private Deal Room targets back-office friction in IRA private-market deals

Investments · 5h ago

A year in a virtual wellness benefit moves older workers toward retirement readiness

Plans & Sponsors · 5h ago

Alto launches a single-workflow private-market platform for RIAs

Investments · 5h ago

Latest

Mesirow buys flexPATH's 3(38) book in second fiduciary deal

Plans & Sponsors · 6h ago

Treasury, IRS issue sample forms to speed electronic rollovers

Policy & ERISA · 6h ago

A 50% annuity purchase beats the 4% rule in AEI-ACLI models

Income & Annuities · 6h ago

Most employers report workers delaying retirement as costs bite

Plans & Sponsors · 8h ago

Features

The Opening Balance

Private deals are closing; the DOL benchmark remains missing

Data

The RIA Deal Tracker →

Every verified deal, lift-out, and breakaway

Firm & Fund Lookup →

963 firms & people tracked

THIS WEEK63 deals announced 30 closed 159 advisor moves 38 executive changes 108 fund filings

Retirement Capital Daily FeaturesAll features →

The Opening Balance

MissionSquare rents technology; Edelman buys dealmaking talent

Two moves six days apart show the same retirement assets being attacked from opposite directions.

MovesThe full wire →

Movement coverage returns with the next weekday edition.

The Wire

Aug 17Scott A. Conroy — Carson Group → Carson Group

Aug 17Kristen Kimmel — Osaic → destination pending

Aug 17Jason Stephens · team of 2 — UBS → Evertern Wealth

Aug 16Kevin Peterson — Osaic Wealth → Carson Group

Aug 16Kim Welch

Aug 16Aaron Reber

The Network WireThe Daily Network →

From Interval Fund Daily

Apollo sets $150B wealth target, semi-liquid funds at core

Apollo anticipates the global wealth channel could represent half of its annual third-party fundraising by 2029, with semi-liquid strategies central to the plan.

From Private Wealth Daily

Partners Group hits bottom of European financials on evergreen worries

A redemption scare at Partners Group has allocators re-reading the liquidity fine print of semi-liquid funds.

From Private Wealth Daily

Private credit stress hits highest level since 2017

Renewed pressure in a $2 trillion asset class should send allocators back to their fund statements.

Policy & ERISAAll Policy & ERISA →

Saver's Match guidance settles eligibility, leaves delivery open

Sponsors know who qualifies for the federal match; the open question is how the money reaches plans and IRAs.

Americans want Social Security saved, even with benefit knowledge gaps

AARP finds near-universal support for protecting Social Security while disability and survivor benefits remain the least understood provisions.

IRS proposes employer-contribution rules for Trump Accounts

Proposed regulations tell employers how to contribute to Trump Accounts, and what the plan document must say.

Retirement AdvisersAll Retirement Advisers →

OpenArc launches independent provider search for plan sponsors

The open-architecture firm with no proprietary products moves into RFP and RFI work, an entry point for its fiduciary business.

Mesirow buys flexPATH's 3(38) retirement-plan business

Mesirow's purchase folds flexPATH's plan-level 3(38) line into a $164 billion fiduciary platform.

Edelman puts an M&A veteran atop its retirement unit

Hiring former OneDigital dealmaker Christian Mango points to an acquisition-led growth push for the retirement plan unit.

Data

93deals on the tracker this week — every one verified by the newsroomThe RIA Deal Tracker →

197advisor and executive moves on the wire this weekThe Moves Wire →

963firms, funds, and people in PWD’s coverageFirm & Fund Lookup →

Earlier coverage

Investments