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Things to watch as Tim Sloan of Wells Fargo testifies before Congress
ADVISOR NEWS WIREHOUSES MAR 11, 2019
Things to watch as Tim Sloan of Wells Fargo testifies before Congress

House Financial Services committee will grill the CEO Tuesday about the progress he's made in resolving the bank's scandals.

SALT stays: Limit on deduction for state and local taxes isn't going anywhere
ADVISOR NEWS REGULATION AND LEGISLATION MAR 08, 2019
SALT stays: Limit on deduction for state and local taxes isn't going anywhere

Republicans don't want to tinker with tax reform, and Democrats don't want to be seen giving the wealthy a break.

UBS escalates its pursuit of rich Americans with staff promotions
RIAS PRACTICE MANAGEMENT MAR 06, 2019
UBS escalates its pursuit of rich Americans with staff promotions

Bank names 96 managing directors in Americas, including 60 financial advisers, as it targets more billionaire clients.

U.S. agencies revisiting restrictions on bonus payments
ADVISOR NEWS REGULATION AND LEGISLATION MAR 06, 2019
U.S. agencies revisiting restrictions on bonus payments

Pay limits were among the most sweeping constraints to come out of Dodd-Frank.

Millennial women take back seat when it comes to their own finances, UBS survey says
RIAS RIA NEWS MAR 06, 2019
Millennial women take back seat when it comes to their own finances, UBS survey says

59% of women age 20 to 34 defer investing and financial planning to spouses, according to survey.

Scrutiny of stock buybacks intensifies as Democrat threatens bill
INVESTING EQUITIES MAR 06, 2019
Scrutiny of stock buybacks intensifies as Democrat threatens bill

Maryland senator wants the SEC to make it harder for corporate executives to sell shares right after buyback announcements.

Robert J. Moore bids farewell to the advice industry as he steps down as Cetera CEO
RIAS PRACTICE MANAGEMENT MAR 05, 2019
Robert J. Moore bids farewell to the advice industry as he steps down as Cetera CEO

In a letter, he warns of an overemphasis on short-term performance and inertia toward the status quo.

Wall Street levy gains steam among Democrats
ADVISOR NEWS REGULATION AND LEGISLATION MAR 05, 2019
Wall Street levy gains steam among Democrats

While legislation proposing a financial transaction tax has been introduced in the House and Senate, it's not likely to be enacted during the Trump administration.

Main Street investors venture to go where Wall Street dares not
RIAS RIA NEWS MAR 05, 2019
Main Street investors venture to go where Wall Street dares not

TD Ameritrade data suggest emerging investor interest in stock picking.

Many wealthy jolted by unpleasant tax shock this season
RIAS RIA NEWS MAR 04, 2019
Many wealthy jolted by unpleasant tax shock this season

SALT cap creates pricey problem for rich in some states, most of which lean Democratic.