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Estate Planning
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 27, 2010
Harris has launched the Harris Charitable Fund Program under the sponsorship and management of National Philanthropic Trust, a national public charity and major donor-advised fund provider, the two organizations announced Tuesday....
August 27, 2010
Is a Roth conversion in your client’s best interest—or is it a roll of the dice?...
August 25, 2010
Sales of new single-family houses in July fell 12.4% to 276,600, the slowest pace of sales on record since 1963. July durable goods orders rose slightly, but the increase came mainly from airplane orders....
August 24, 2010
Existing-home sales dropped sharply in July to historic lows after the home buyer tax credit expired, but home prices continued to gain, the National Association of Realtors (NAR) reported Tuesday, August 24....
August 23, 2010
An analysis of data provided by the Investment Company Institute, a mutual fund industry trade organization, show bond fund asset inflows have outpaced equity fund inflows for 30 straight months through June....
August 23, 2010
High-net worth insurer Privilege Underwriters Reciprocal Exchange (PURE) is expanding to another state on its way to becoming a national carrier, our sister publication National Underwriter reported Friday, August 20....
August 23, 2010
While the vast majority of Generation Y’ers believe it’s possible to achieve the American dream in their lifetime, only 34% feel that they have an adequate safety net and 38% say that they have credit card debt, according to a recent MetLife study....
August 20, 2010
The Financial Planning Association has announced the three keynote speakers who will share their global and domestic financial perspectives at the FPA’s October 9-12 annual conference. ...
August 20, 2010
Highmount Capital, a multi-family office based in New York and Boston, plans to open an office in Amsterdam by September and to add offices in London and Switzerland over the next year....
August 18, 2010
The Federal Reserve’s recent decision to keep the U.S. economy on track by buying longer-term Treasury notes already appears to have garnered at least one positive effect: the rate at which homeowners are refinancing their mortgages....
August 16, 2010
The Federal Reserve Board on proposed enhanced consumer protections and disclosures for home mortgage transactions....
August 16, 2010
For the third month in a row, builders surveyed in the National Association of Home Builders (NAHB)/Wells Fargo housing market index for August expressed a lack of confidence in the newly built, single-family home market....
August 16, 2010
A financial storm may be brewing for the debt-laden, stressed young Americans who are part of the Generation Y demographic, according to a recent Western Union survey....
August 13, 2010
This was the strongest first half in the Gift Fund’s 19-year history....
August 12, 2010
Investors continue to shun U.S. stocks and are increasingly putting their money into funds that feature bonds, commodities, and alternative investments, according to the latest research from Morningstar....
August 12, 2010
Fannie Mae stock, which was delisted from the NYSE in June and now trades as penny stock in the over-the-counter market, reported a net loss of $1.2 billion in the second quarter of 2010. ...
August 10, 2010
The Federal Reserve’s policymakers kept interest rates at historic lows on August 10 as the nation’s economy continues to struggle against deflation threats, lackluster growth, and the possibility of a double-dip recession....
August 06, 2010
The Certified Financial Planner (CFP) Board of Standards is commemorating its 25th anniversary with a “25 tips over 25 weeks” consumer advocacy program....
August 03, 2010
Bullish economic news was not to be found on August 3 as personal income and spending were reported flat in June while wages paid fell. Pending home sales declined, and factory orders fell for the second month in a row....
July 27, 2010
Home prices in May improved over prices in April, according to a Tuesday, July 27, report released by Standard & Poor’s which shows that the housing market has found its bottom and is stabilizing at a lower level....
July 26, 2010
Advisors surveyed in a poll released July 21 by the Fidelity Charitable Gift Fund expected clients’ taxes to rise, and fully one quarter (26%) said they also expected clients to raise their level of charitable giving to offset the increase....
July 26, 2010
Estate planning that contemplates retirement plans is becoming more prevalent and important. ...
July 26, 2010
New home sales rose to a rate of 330,000 sold in June, 23.6% higher than the historically low revised rate of 267,000 homes sold nationwide in May, the U.S. Commerce Department reported Monday, July 26....
July 22, 2010
Existing home sales fell 5.1% in June, with 5.37 million single-family homes, townhomes, condos, and co-ops sold compared to 5.66 million in May, the National Association of Realtors said....
July 21, 2010
BlackRock reported Q2 2010 net income of $432 million, up $214 million from a year ago and up $9 million from the first quarter. ...
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
Senators Blanche Lincoln (D-Arkansas) and Jon Kyl (R-Arizona) introduced July 14 a proposal to permanently reform the federal estate tax. ...
July 19, 2010
The National Association of Home Builders (NAHB)/Wells Fargo housing market index showed builders’ confidence in the single-family housing market dropped to its lowest point since April 2009, down two points to a reading of 14 in July....
July 01, 2010
Weekly unemployment claims, pending home sales, and manufacturing index all show weaknesses...
July 01, 2010
Sale was 1.7 times oversubscribed, reassuring markets...
June 29, 2010
Conference Board index plunged in June; tax credit fueled April’s rise in home prices...
June 21, 2010
Though the markets are faring well, the sentiment of Wall Street firms is trending bearish....
June 17, 2010
Economic data suggest that the nation is still struggling to maintain its modest recovery...
June 15, 2010
End of federal tax credit results in lax home sales as strong dollar raises risk of deflation...
June 14, 2010
All aspects of consumers’ financial picture are ‘concerning.’...
June 09, 2010
BMA Editor John Sullivan to live-blog from event, IA Group Editor-in-Chief Jamie Green to moderate panel...
June 09, 2010
U.S. economic growth will continue despite European debt woes, he says...
June 03, 2010
Legal lines for LGBT planning are often blurred...
May 27, 2010
Despite good economic reports, market volatility remains high...
May 27, 2010
New Home Sales for April Posted Surprisingly Strong 14.8% Increase vs. March...
May 19, 2010
What’s missing from the bill and his comment on fiduciary duty: no ‘ambiguity.’...
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. ...
April 02, 2010
Fundraising picked up in 2010’s first quarter, but investment environment remains challenging...
March 25, 2010
Certain mortgages will be eligible for “principal forgiveness,” as a result of settlement with Massachusetts attorney general....
March 24, 2010
U.S.-based hedge fund professionals for the first time are showing considerable interest in working for family offices. ...
March 19, 2010
These days, thanks to a surprising twist in tax law, wealth managers are faced with a new level of uncertainty when it comes to the wealth transfer needs of their clients. ...
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. ...



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