“The claims are misleading, and the article contains a number of factual inaccuracies.” - J & K
For example…?
11 replies (most recent on top)
@2wep+1tPfoOzd - You’re hurting your own case by getting defensive instead of giving facts.
To “Disgusted”. The SEC and New York attorney General seem to disagree. No company settles for $97 million for something the actually didn’t do. Adding asset classes to your planning software and then filling those asset classes with only ONE investment option, that just HAPPENS to be your own illiquid annuity product is wrong. Not disclosing it is wrong. Then teaching FC’s to push participants to implement that rigged recommendation immediately is darn near theft. So “Disgusted”, I’d suggest you are the one who doesn’t know your job or your fiduciary duty to clients…..halfwit.
What's scary as that the whiners on this board don't understand how retirement plans and advice work and so can't figure out why the article is actually plain wrong. Nowonder this company is in such bad shape. You all don't understand your jobs.
"This site doesn't get sarcasm"
Another theory is that a lot of people just aren't nearly as funny as they think they are.
LOL
Why stop at ruining a company when you can ruin the whole country right.
I heard T is resigning next week so she can be VP running mate with Kamala.
This site doesn't get sarcasm
Of course I’m joking. lol.
Fidelity has almost 6 trillion in direct assets and 15 trillion in custodian assets plus 55 million customers compared to tiaa nuveen 1.2 trillion in total and 4 million customers out of whom only 1 million customers. Fidelity has 90k employees and Fidelity international another 30k. Fidelity can swallow tiaa and it will still be one of its smallest businesses. If Fidelity would go public it would be worth near 300 billion. For the mo--n that said that tiaa will buy fidelity, you are clueless.
@isf+1tPfoOzd buy Fidelity you must be joking.
If anything Nuveen will branch off to be back on their own and leave TIAA behind.
Know that the Denver site is a leased building (well 7 of 36 floors) where the owner defaulted and it’s in foreclosure. Fidelity is bigger than TIAA and headquartered in Boston, why the F would they agree to be bought and relocate to Denver.
I heard TIAA is going to buy Fidelity and make the headquarters the Denver site.