California carrier claims Finra rules make reps employees of their broker-dealers; 'Where does this stop?'
More aim to put a succession plan in place, but lining up that perfect someone elusive; heirs not apparent
Jeffrey Thomasson, 52, may pass on more than $100 million to heirs using an estate-planning strategy for avoiding gift and estate taxes.
The following is an edited transcript of the Sept. 13 webcast “Extreme Makeover: Social-Media Edition.” It was moderated by deputy editor Evan Cooper.
Small-business hiring stalled in September as owners await signs of an improving economy, but the picture is brighter for independent investment advisers, a large RIA firm argued.
The bad news: the hike for retirement plan kick-ins is puny, while the estate tax exclusion plummets next year
Rising labor costs in China will prompt American factories to move production back to the U.S., creating up to 3.2 million jobs by 2020, the Boston Consulting Group said.
Jeff Henderson was a bright youngster who grew up in the inner cities of Los Angeles and San Diego. By the time he was 19, he had parlayed his natural business talents into a $35,000-a-week drug-selling operation.
The business environment calls for financial advisers to be more creative and proactive in reaching clients
One of the most common mistakes in branding is trying to be everything to everyone
Richard Bove, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, and suggests that financial advisers can expect less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors.
Advisory firms are in a hiring mode, and that means financial advisers are very much in demand.
Bank of America's 'New BAC' plan, which saw wealth management head Sallie Krawcheck ousted last week, will also include the elimination of some 30,000 jobs over the next few years in an effort to save about $5 billion in annual costs by the end of 2013.
Provision allows deceased to pass on exemption to spouse; expires in 2013
Even in the investment advice business, there's a place for beauty and sex appeal
When it comes to brokerage firm websites, designed to inform investors about their transactions, one of the first things one would think they'd get right would be providing them with their account information. Apparently, they don't.
Three former executives of defunct brokerage GunnAllen Financial Inc. agreed to pay $55,000 to settle government allegations that they failed to protect confidential customer information as the firm was going under.
Don Trone's new company, 3ethos, is launching a new fiduciary designation that will compete with existing certifications.
