Average Social Security COLA adds $75 a month in 2027; Fidelity suggests a planning review
A Fidelity viewpoints article published the day after the confirmation outlines three policy approaches to the program's long-term funding gap.
F&G finds 51% of pre-retirees plan to semi-retire rather than stop working
A same-day WTW survey found 36% of U.S. employees feel financially secure, down from 46% in 2019.
Two JPMorgan advisors leave with $18.6B to launch self-funded Latigo Peak
Jim Atwood and Phil Scott are opening in Palm Beach Gardens with 48 professionals and two custodians, Charles Schwab and BNY Pershing.
Sowell Management names Scott Dooley CIO and forms Office of the CIO
The North Little Rock RIA, with about $6.8 billion in client assets, is packaging research, portfolio construction and consulting as a service advisors can draw on piece by piece.
Morningstar: Excluding long-term-care costs cuts U.S. retirement shortfall risk about 25%
Separate F&G and WTW surveys find 51% of pre-retirees plan semi-retirement and 36% of U.S. employees feel financially secure.