Jennifer Kelly has been a freelance financial writer for more than 20 years. She was, for many years, a contributor to Plan Sponsor magazine, and she has a deep, nuanced understanding of investment concepts and products. Ms. Kelly received a B.A. degree from Dartmouth College, graduating cum laude and with highest honors in history.
Curian Capital, one of America's largest TAMPs with $12B in AUM suddenly announced it would shutter at the end of last year. Since then vultures like SEI, AssetMark, Brinker and others have circled the carcass and grabbed up and ate Curian AUM and resources to the bone.• AssetMark EVP of National Sales Michael Kim says that his firm picked up 300 new advisors from Curian Capital by the end of 2015 – and about $1 billion in new assets under management. AssetMark also hired five of Curian’s top consultants.