September 08, 2010 Habitat for Humanity honors General Colin L. Powell with green South Bronx residence for 50 families....
September 07, 2010 A primary goal for many wealthy clients....
August 13, 2010 This was the strongest first half in the Gift Fund’s 19-year history....
August 09, 2010 The Boards of Trustees for Social Security and Medicare released their annual financial status reports on the two programs...
August 09, 2010 The National Association of Insurance Commissioners (NAIC) has announced that, at its Seattle meeting on August 15....
August 09, 2010 Wells Fargo Advisors says its independent brokerage arm is expanding and realigning its supervision team “in anticipation of continued growth.” Advisors affiliating with the group has grown 24% over the past 18 months. ...
August 06, 2010 American International Group reported a net loss of $2.7 billion for the second quarter of 2010, or $-3.96 per share, compared to net income of $1.8 billion, or $2.30 per share in the second quarter of 2009....
July 24, 2010 Will new fiduciary regulation ‘shine the light’ for retail investors? Some are afraid it will; others welcome it. ...
July 21, 2010 The Financial Planning Association (FPA) has appointed Daniel J. Barry as its managing director of government relations and public policy, the Denver-based advisor advocacy announced June 20 in a release....
July 20, 2010 With the AFR near historical lows, wealth transfer beckons; for GRATs, act before the estate tax kicks in again....
July 19, 2010 On the heels of its filing for a $600 million stock offering, LPL Financial announced an agreement to acquire retirement plan specialist National Retirement Partners Inc. (NRP), which will form a new division called LPL Financial Retirement Partners....
July 06, 2010 Cerulli Global Report: Charities, Pensions Outpace Life Insurers’ Demand for Alternative Investments...
June 15, 2010 Committee for the Fiduciary Standard urges legislators to ‘adopt House provision.’...
June 10, 2010 Financial activity little changed, but a few Fed districts note a modest increase in lending ...
June 10, 2010 Also, lawmakers will use the Senate reform bill as the base text for their deliberations...
June 04, 2010 Barclays Wealth, which bought part of Lehman Brothers in 2008, now has about 250 advisors in the Americas...
June 03, 2010 Toyota sales increased a tepid 7% despite big incentives...
May 28, 2010 Advisor Kenneth Ira Starr said to have stolen client money to buy Manhattan apartment...
May 27, 2010 Legislation introduced to ensure BP pays full cost of cleanup and damages...
May 27, 2010 EU plan support is sound; markets want to see it executed...
May 27, 2010 Despite good economic reports, market volatility remains high...
May 26, 2010 Service providers will have to disclose fees and explain conflicts of interest....
May 18, 2010 The multi-family office focuses on ways a family’s financial capital can support its human and social capital....
May 17, 2010 Accompanying the recovery in equity prices is a renewed level of client confidence—and a desire to resume financial planning that had fallen by the wayside. ...
March 12, 2010 Tax advisors believe a Roth IRA conversion would benefit 43% of their clients this year, a big increase from 13% last year, according to a new study. ...
March 09, 2010 We have a difference of opinion as to whether Congress can retroactively promulgate tax reform legislation, should they pass any. ...
March 04, 2010 Among the tasks that fall to survivors and executors of any estate, but certainly one in which there are substantial assets, is to gather the records of assets and accounts, values and costs. This may never have been more challenging than it is now. ...
January 18, 2010 The repeal of the estate tax aside, 2010 introduces the concept of a carryover basis. The assets owned prior to death are no longer stepped-up to the fair market value at the date of death or the alternate valuation date. ...
December 22, 2009 As of December 17th, the House and Senate have been unable to move forward on estate tax reform (or extension of the current law) to avoid the quagmire of the 2001 Tax Act’s (EGTRRA) sunset provision....
December 14, 2009 Estate tax reduction, no setup fees and income and capital gains advantages can make this charitable choice a workhorse for some clients....
December 08, 2009 BrightScope has announced its inaugural Year-End Top 30 Ratings List of the best 401(k) plans with $1 billion or more in assets. ...
November 24, 2009 One of the most significant trends in wealth management and estate planning is the creation and funding of private foundations, especially those controlled by families. ...
November 17, 2009 With the Federal Estate Tax rules on the cusp of expiration (for one year) in a matter of weeks, wealth managers and their clients are having a difficult time predicting what the government will do....
October 15, 2009 An old philanthropic planning technique is ready to explode in popularity. Parents have long used charitable lead trusts to make tax-free gifts to their children while using philanthropy as a way to prepare them for wealth. ...
September 21, 2009 The “perfect storm” resulting from reduced asset values and historically low interest rates can become very effective wealth transfer strategies....
September 21, 2009 Instead of seeing charitable giving as a way to discharge a moral responsibility, donors are viewing philanthropy as a proactive part of the high-net-worth lifestyle....
September 14, 2009 The Obama Administration’s proposed cap on charitable deductions for the highest earners among us hasn’t been front-and-center for several months, but it will grab headlines again....
August 07, 2009 Schwab Charitable expands the investment choices for its donor-advised fund (DAF) accounts and adds asset allocation tools. The result: open architecture....
August 03, 2009 No matter what the economy does, donors are going to continue to shovel hundreds of billions of dollars into the social sector and wealth managers need to position themselves to help their clients give well. ...
July 31, 2009 No matter what the economy does, donors are going to continue to shovel hundreds of billions of dollars into the social sector and wealth managers need to position themselves to help their clients give well. ...
July 28, 2009 Big foundations may get the media coverage, but individual charitable giving dwarfs institutional giving. The way clients make their gifts could be much more effective. Wealth managers can add tremendous value for their clients who give at high levels....
July 09, 2009 Foundation Source is launching a comprehensive advisory service, and has named the firm’s Chief Philanthropic Officer, Page Snow, president of the new service, Foundation Source Advisors....
May 19, 2009 Many wealth managers know that charitable giving is a priority for wealthy families and incorporate that into their practices. What might come as more of a surprise is that women are driginf the decisions about where and how much to give....
March 01, 2009 While investors and retirement accounts have felt the pain of the past year’s massive stock market losses, non-profits have experienced a perfect storm....
December 31, 2008 There are times when—even for the highest-net-worth clients—wealth transfer becomes secondary to the issue of wealth preservation. Clearly, this is one of those times! The failure of Lehman Brothers, ...
August 31, 2008 As the political landscape changes, and the discussion of estate tax reform intensifies, one thing seems clear: High-net-worth clients are going to need sophisticated estate planning—regardless of whi...
June 30, 2008 After many years of discussion with family, friends and colleagues, A. Michael Lipper, CFA, has written a book, Money Wise: How to Create, Grow, and Preserve Your Wealth (September 2008, St. Martin's ...
June 30, 2008 After many years of discussion with family, friends and colleagues, A. Michael Lipper, CFA, has written a book, Money Wise: How to Create, Grow, and Preserve Your Wealth (September 2008, St. Martin's ...
May 31, 2008 Build. Preserve. Endow. These three words epitomize the spirit of wealth management and the broad progression of financial life for many wealthy families, and are also the backbone of a new, energized...
May 31, 2008 The first edition of IMCA’s Chartered Private Wealth Advisor designation program was so successful that the sequel is already sold out! After an intense week of classes at the University of Chicago Gr...
|