The Internal Revenue Service recently ruled that an improper transfer of funds from an individual retirement account from which the client was taking 72(t) payments triggered the 10% early-withdrawal penalty.
investment advisers, financial planners and brokers should exercise extra caution before they recommend or guide their clients into leveraged exchange traded funds.
President Obama's regulatory reform proposals provided a broad outline and left many of the details to Congress. Ideally, before filling in those details, Congress will gather evidence on what caused the financial crisis, and where regulation actually broke down.
Complain as they do about technology, most financial advisers don't realize how good they have it compared with advisers who work for family offices.
Mary Schapiro, chairman of the Securities and Exchange Commission, is correct: Fiduciary standards for all who give investment advice won't be sufficient to deter fraud.
I have enjoyed reading <i>InvestmentNews</i> for many years because of its straightforward reporting and timely items of interest.
The Obama administration has put forward an excellent blueprint for regulatory reform. Much of what the administration has proposed will increase transparency, reduce the risk of another financial meltdown and
If you are serious about attracting affluent clients to your practice, keep reading.
