Charles is a specialist on financial advisory industry topics. He was an editor for Investment News and has also written for Financial Planning, Family Wealth Report, RIABiz, Barron’s, The New York Times and Reuters. Twitter: @paikert
A trio of reports released last week found a few bright spots for families using Section 529 college savings plans in an otherwise dismal college savings landscape.
The Department of the Treasury wants all states that have an income tax and also sponsor a Section 529 college savings plan to offer residents a tax break, no matter what plan they choose, even if it is one from another state.
While the recession has taken a toll on Americans' ability to save money for college, there are some encouraging signs from families using Section 529 college savings plans, according to a trio of reports released today as part of College Savings Month.
Assets managed by the 50 largest registered-investment-advisory firms grew by a barely perceptible 0.4% during the second quarter,…
Global wealth slumped last year, led by a steep decline in North America, which saw assets under management drop 22%, to $29.3 trillion, from $37.4 trillion in 2007, according to a report released today by The Boston Consulting Group Inc.
David Kahn, a prominent wealth manager who has specialized in ultrahigh-net-worth clients for Wilmington Trust Co. for the past four years, has joined Convergent Wealth Advisors as a director in the firm's Los Angeles office.
Tim Kochis, who is credited with taking on Wall Street by proving the viability of the independent-advisory-firm model, will step down as chief executive of Aspiriant LLC on Nov. 1.
James McLaughlin has been named to the newly created position of chief executive of Geller Family Office Services LLC, a New York-based multifamily office with more than $4 billion in assets under advisement.
Tim Kochis, one of the living legends of the financial advisory business, will step down as chief executive of San Francisco-based Aspiriant LLC on Nov. 1.
David Kahn, a prominent wealth manager specializing in ultra-high-net-worth clients for Wilmington Trust Company for the past four years, has joined Convergent Wealth Advisors as a director in the firm's Los Angeles office.
