Natalie Lin

2 months ago | planadviser.com | Natalie Lin

Recordkeepers are facing increasing pressure to modernize while keeping costs low and maintaining the reliability advisers and clients expect. With consolidation ongoing, the expectations from plan advisers and retirement specialists have evolved significantly, sources say, demanding a heightened focus from providers on technology, service and regulatory compliance.

2 months ago | planadviser.com | Natalie Lin

Prime Capital Financial has acquired SineCera Capital LLC, a boutique wealth management and family office services firm headquartered in Austin, Texas, and renamed it Prime Capital Family Office. The team will be focused on serving the needs of ultra-high-net-worth families. SineCera currently advises clients with aggregate assets of $1.55 billion. As part of the transition, Kevin Kaylakie, the firm’s founder, will assume the role of president of Prime Capital Family Office.

2 months ago | planadviser.com | Natalie Lin

Principal Asset Management has appointed Brant Wong as head of retirement solutions, a new role in which he will lead retirement investment product strategy across Principal’s asset management and U.S. retirement businesses. Wong will focus on expanding and enhancing Principal’s retirement investment products by leveraging its investment capabilities, as well as its heritage in retirement and life solutions.

2 months ago | plansponsor.com | Natalie Lin

Newfront, Pave Announce Partnership to Simplify Employee BenefitsNewfront Insurance Services LLC, the insurance brokerage firm, and Pave, the compensation benchmarking and management platform, announced a partnership to improve how companies approach employee benefits and compensation. Key benefits include:Companies can get a clearer view of total rewards market intelligence across benefits and compensation.

2 months ago | planadviser.com | Natalie Lin

Apollo, State Street Prepare to Launch ETFState Street Corp. and Apollo Global Management Inc. are preparing to launch a new exchange-traded fund. The SPDR SSGA Apollo IG Public & Private Credit ETF, set to trade under the ticker PRIV, is moving closer to its debut, as indicated by a recent regulatory filing and details on the New York Stock Exchange’s website.