Owners and developers of commercial real estate stand to gain from a new tax break for pass-through entities.
Normann Financial Group's four advisers will work in the independent channel.
Taxpayers will be able to deduct state income taxes or state sales taxes in addition to property levies — up to a $10,000 cap.
The move is the second high-profile private banking departure in two weeks.
Lawmakers still need to get a cost analysis of their agreement, so it's not yet definite, according to a source.
Fears of Amazon's Alexa as adviser push Fidelity and others to compete in an increasingly automated world.
Cboe temporarily halts trading twice to calm market, as initial volume exceeds dealers' expectations.
Citigroup, JPMorgan Chase predict average interest rates across advanced economies will climb to at least 1 percent in 2018.
Thomas Lee, research head for Fundstrat Global Advisors, suggests owning these stand-in assets.
The behavioral economist creates new strategies and thinks broadly about long-term questions for the firm, in a role he was once paid for in wine.
