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Funerals are becoming one last extravagant display of wealth
RIA NEWS AUG 17, 2018
Funerals are becoming one last extravagant display of wealth

Rolls-Royce hearses and gospel choirs are among the features of high-end memorial services.

Trump wants SEC to look at axing quarterly earnings reports
REGULATION, LEGAL & COMPLIANCE AUG 17, 2018
Trump wants SEC to look at axing quarterly earnings reports

President suggests in a tweet that semiannual reporting would be better for business.

Money managers prep for $1.5 trillion in corporate cash
MUTUAL FUNDS AUG 17, 2018
Money managers prep for $1.5 trillion in corporate cash

Big players like Fidelity and BlackRock are creating new strategies for companies that are repatriating overseas funds.

Cerulli to take over MMI's data platform
FINTECH AUG 16, 2018
Cerulli to take over MMI's data platform

New effort will combine historical, current data.

Pension plans are the new tax dodge for rich business owners
RETIREMENT PLANNING AUG 16, 2018
Pension plans are the new tax dodge for rich business owners

Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.

Pensions are the new tax dodge, especially for rich business owners
RETIREMENT PLANNING AUG 15, 2018
Pensions are the new tax dodge, especially for rich business owners

Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.

Bull run that has taken U.S. equities to record highs may be nearing peak
EQUITIES AUG 14, 2018
Bull run that has taken U.S. equities to record highs may be nearing peak

Bank of America Merrill Lynch survey suggests bull run approaching peak, while survey respondents cite a trade war as biggest risk

SEC charges two firms in municipal bond 'flipping' scheme
FIXED INCOME AUG 14, 2018
SEC charges two firms in municipal bond 'flipping' scheme

Agency says Core Performance Management and RMR Asset Management Co. misrepresented their identities to snap up newly issued bonds.

Wells Fargo loses $161 million team to Ameriprise
RIA NEWS AUG 14, 2018
Wells Fargo loses $161 million team to Ameriprise

John Burg and Tamara Colon of Temecula, Calif., join employee unit.

Hedge fund giant splits with Morgan Stanley on call on dollar peak
RIA NEWS AUG 13, 2018
Hedge fund giant splits with Morgan Stanley on call on dollar peak

Man Group strategist argues that the dollar's rally has further to go amid an escalating trade war.