Wealth managers and tax attorneys are advising wealthy clients who may need to minimize gift and estate tax payments to consider taking advantage of a popular tax-planning tool while they still can.
Parents are still contributing to their children’s college funds, despite the ravages of the recession, according to research released today.
Worries about saving for college haven't stopped parents from continuing to set money aside for higher-education costs.
Wealthy Americans who have offshore bank accounts may be sweating more than usual this summer.
Although parents are worried about the rising cost of college, the recession isn’t stopping most of them from saving, according to a survey that is to be released Monday by OppenheimerFunds Inc.
Jacqueline “Jackie” Williams, a leading figure in the Section 529 college savings plan industry, is leaving her job as executive director of the Columbus-based Ohio Tuition Trust Authority to become director of New America Foundation’s College Savings Initiative, effective June 1.
Two of the largest investment advisory firms in the San Francisco Bay Area — Salient Wealth Management LLC of San Rafael, Calif., and Friedman & Associates of Novato, Calif. — have merged.
As a result of shifting views of high-net-worth and ultrahigh-net-worth investors, financial advisers will have to re-evaluate business practices, including fees, portfolios and investment policies, according to wealth managers and industry observers.
OppenheimerFunds Inc.'s hot streak in the Section 529 college savings plan business is coming to an end.
The idea to offer free financial planning to unemployed professionals came to Robert Fragasso when he was counseling a man who was on the verge of losing his house.
