Sixteen years ago, Jessica Abrams’ life revolved around her pony. To buy the horseshoes and other accessories she needed for shows, the then 14-year-old baby-sat several days a week and carefully saved.
Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
A steep fall in bonds has led to speculation that China may be pulling its funds from the U.S., The Telegraph said.
Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.
The biggest B-D is buying Independent Financial Marketing Group from Sun Life Financial.
In a marketing and business coup, Pershing has hired Mark Tibergien, a leading consultant in the industry.
Fidelity debuted a Web-based tool designed to help advisers create and manage retirement income plans for their clients.
Senate hearings on taxing-carried interest begin tomorrow, but reports predicting its impact are out now.
More voices are joining the discussion of how best to disclose the costs of 401(k) plans to the employees who participate in those plans.
The firm has added services for shareholders that invest in its $100,000 no-load, low cost mutual funds.
