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Treasury deals final blow to states' SALT deduction workarounds
NEWS REGULATION AND LEGISLATION JUN 11, 2019
Treasury deals final blow to states' SALT deduction workarounds

New regulations prohibit arrangements in which residents get state tax credit in exchange for charitable contributions.

The biggest threat to wealthy families may be internal
YOUR PRACTICE PRACTICE MANAGEMENT JUN 10, 2019
The biggest threat to wealthy families may be internal

Wealth managers share advice on solid governance structure that will withstand family fights over succession planning and investment decisions.

Trump tariffs have wiped out most families' tax-cut gains
NEWS REGULATION AND LEGISLATION JUN 07, 2019
Trump tariffs have wiped out most families' tax-cut gains

If the president follows through on threats to impose levies on imports from China and Mexico, middle-earning households could end up paying almost $4,000 more

Goldman CFO eyes wealth management acquisitions in Europe
NEWS INDUSTRY NEWS JUN 06, 2019
Goldman CFO eyes wealth management acquisitions in Europe

A buy would help it compete with UBS and Credit Suisse

Price war expands as Fidelity cuts fees for target-date funds
INVESTING MUTUAL FUNDS JUN 05, 2019
Price war expands as Fidelity cuts fees for target-date funds

Total net expenses for 21 of firm's 22 index funds will be lower than that of similar Vanguard Group products.

Retirement is forced upon roughly a quarter of Americans
RETIREMENT RETIREMENT PLANNING JUN 03, 2019
Retirement is forced upon roughly a quarter of Americans

Nearly half of those who retired last year were younger than 62, while a quarter were between 62 and 64.

One of the most hated tax breaks in America just won't die
RETIREMENT TAX JUN 03, 2019
One of the most hated tax breaks in America just won't die

Some claim it helps produce jobs for Americans while others claim killing it wouldn't raise much revenue.

Movie director's family office looks at investments through an ESG lens
INVESTING ALTERNATIVES JUN 03, 2019
Movie director's family office looks at investments through an ESG lens

James Cameron and his wife are focused on companies involved in plant-based nutrition.

New W-4 form aims to prevent tax refund surprises
RETIREMENT TAX MAY 31, 2019
New W-4 form aims to prevent tax refund surprises

But the redesigned withholding form won't be available until next year.

JPMorgan Chase to pay $5 million in parental-leave discrimination claim
NEWS REGULATION AND LEGISLATION MAY 30, 2019
JPMorgan Chase to pay $5 million in parental-leave discrimination claim

Bank's policy "relies on and enforces sex-based stereotypes" according to male employee