1+ week, 5+ day ago   (271+ words) Even with sponsors offering a large menu of options, two-thirds of participants only used one fund. Target-date funds have become the dominant investment vehicle in defined contribution plans. According to Vanguard’s report, “Trends in Defined Contribution Lineups and Participant Behavior,…...

1+ week, 5+ day ago   (382+ words) The collective investment trusts are intended for professionally managed products and services. Two financial service firms recently announced the launch of collective investment trusts designed to provide retirement plan participants with additional access to private-market investments. Constitutional Capital Partners, an…...

2+ week, 4+ day ago   (258+ words) Under the definitive agreement, Altruist will operate as a standalone business and retain its current leadership and operating model. Vanguard today announced a definitive agreement to acquire Altruist, a wealth technology and custody platform for financial advisers. The acquisition is…...

2+ week, 6+ day ago   (629+ words) Once viewed primarily as a lower-cost alternative to mutual funds, collective investment trusts have become a DC plan staple. PLANADVISER’s most recent Defined Contribution Investment Only survey found that CITs accounted for 30.4% of DCIO assets in 2025, up from 28.7% in 2024. Assets…...

3+ week, 2+ day ago   (361+ words) F/m Investments, with about $19 billion in assets under management, first offered dual-share-class exchange-traded funds in February. T. Rowe Price Group Inc. announced Thursday it will acquire F/m Investments LLC, a fixed-income asset manager and exchange-traded-fund specialist with approximately $19 billion…...

3+ week, 5+ day ago   (241+ words) The RIA, owned by Carlyle, acquired two wealth-focused firms. MAI Capital Management LLC, a registered investment adviser, acquired two advisory firms last week totaling approximately $1.04 billion in assets under management—California-based OG Private Wealth and Atlanta-based Waypoint Wealth Counsel LLC....