Episode Summary
D.C. expert and policy wonk Mark Schoeff Jr. joins Bruce and Jeff to discuss the details of Biden’s three big initiatives so far, The American Rescue, Jobs, and Families plans. The trio debate the merits of spending trillions to help Americans, and the tax ramifications. Nico Marais, CEO of Wells Fargo Asset Management, also joins to share his vision for the firm as it embarks in a new direction post-purchase by private equity.
Episode Notes
Biden tax plans and the ensuing adviser/client obsession around planning
Financial advisers’ take on the plans
A sign of changing demographics among the adviser community?
The Prince of Wales holds a Roundtable meeting with Commonwealth leaders princeofwales.gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from princeofwales.gov.uk Daily Mail and Mail on Sunday newspapers.
Private equity investor Merchant Investment Management has taken a minority ownership stake in Axiom Financial Strategies Group, a $450 million advisory firm based in New Albany, New York.
US in the news: Wells Fargo sells asset management operation international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.
T. Rowe Price Retirement Plan Services has hired
Lynn Roy as head
of third-party administrator (TPA) distribution. The role will involve directing and overseeing all aspects of the firm’s national strategy for TPA distribution.
Roy joins T. Rowe Price from Mass Mutual and has 24 years of experience dedicated to the TPA distribution model. She is a mentor in the Women in Pension Network (WIPN) organization and is an active contributor to the National Institute of Pension Administrators (NIPA), having served as both president and board member.
The firm has also recently hired
Lindsay Moody as a retirement sales consultant. Moody is responsible for the sale of T. Rowe Price core market recordingkeeping solutions and will focus on partnering with financial advisers and TPA’s in the Great Lakes territory.