Ready to discuss the investments in their charitable trusts, a husband and wife — three years into a second marriage for each — sat before Michael C. Walther, a certified financial planner and financial adviser with Balasa Dinverno & Foltz LLC in Itasca, Ill.
On Saturday, all eyes at the Financial Planning Association’s annual conference in Seattle were on keynote speaker Christopher Gardner, the financial adviser whose rags-to-riches story was celebrated in the 2006 hit movie “The Pursuit of Happyness,” starring Will Smith.
Several new online services aimed at individual investors are attracting the attention of advisers because of the potential they provide for marketing and collaboration.
The next generation of investment advice for defined contribution participants is here. After years of offering advice on the accumulation phase of retirement, several providers now are planning services that focus on the withdrawal phase.
It’s back to school for Monica Malanoski, a high-school teacher, and that means loading up her students with facts about marginal costs, market moves and equilibrium prices to prepare them for the next Maryland Economics Challenge.
For years, critics have slammed the Morningstar rating system for elevating faddish offerings while ignoring out-of-favor funds toiling away in difficult environments.
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.
Poor planning leaves his heirs with unnecessary legal fees and an onerous tax bill The way his terrible estate plan is unraveling, if the late James Brown, the “Godfather of Soul,” could see from wherever he is, he wouldn’t be screaming his most-famous three words: “I feel good.”
Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.
