With so much lobbying and political posturing yet to unfold, it's unclear whether a universal fiduciary standard of care will be imposed for all providers of financial advice.
In-vitro fertilization spawns confusion among wealth managers, trust attorneys; 'wide-open field'
The longer Congress drags out setting an estate tax rate and exemption level, the less likely it is to impose a retroactive tax for 2010, according to an economist with a leading agricultural organization.
Despite the government's best efforts, new regulations sometimes end up serving no one.
Obviously, compliance officers are very concerned about the use of social media, particularly by registered representatives.
As Tiger Woods publicly acknowledged his “transgressions” last week, his wife was looking into changing the couple's prenuptial agreement in order to collect more of the pro golfer's millions, according to published reports.
The U.S. Senate approved legislation to cut taxes and ease credit for small businesses in a long-delayed victory for Democrats eager to show voters they are working to create jobs.
Although he quietly launched his own brokerage firm in St. Louis a year ago, Benjamin F. “Tad” Edwards IV — the great-great-grandson of Albert Gallatin Edwards, who founded A.G. Edwards Inc. in the 19th century — is moving right along with his expansion plans, having opened his first two branch offices in the past two months.
I thought the article “No profit in talking politics with clients” (Aug. 29) was spot-on.
In conducting the research for our recent white paper, my partners and I were surprised to discover just how few owners of wealth management firms have done any meaningful succession planning for their businesses.
The top 50 largest registered investment advisory firms managed $127.2 billion as of the end of the second quarter — up a sizable 16% from the end of the second quarter in 2009.
Advent Software yesterday announced availability of Moxy 7.0, the latest version of the trade order management system that's so popular with registered investment advisory firms
In the third installment of the InvestmentNews four-part Lifestage series, we focus on those 60 to 75 — people on the verge of retiring and those who are in the first stage of retirement.
A growing number of financial advisers who have developed tactical investment strategies — and can point to good track records — are developing a sideline business running money for fellow advisers and for clients they have never met.
We are all so busy playing a variety of roles each day that it is easy to get lost, seeing only the very next tree ahead instead of the forest.
