On its last legs, the 60/40 portfolio will be replaced by 30/30/40, some managers say.
Firm's managed accounts can make greater use of products like bond mutual funds and ETFs over individual bonds in model portfolios.
Mutual fund assets reach $477.6 billion as of Dec. 31, up 2.4% from Sept. 30.
About 52% of the collections reported by credit agencies are owed to hospitals and other medical providers. Advisers must stand ready to help negotiate claims and make sure medical debt doesn't wreck client credit reports.
One of the highest tax rates in the country also means tax advice opportunities are abundant
Tax Court case shows what counts for IRA contribution deductibility - and what doesn't
How one single woman can potentially collect three types of Social Security benefits and rack up significant guaranteed retirement income.
Figuring out how to utilize the full potential of these health care plan features should be part of comprehensive retirement income planning.
Meet the leading RIA firms in the Northeast, South, Midwest and West, ranked by total assets
Steven Lockshin, the firm's founder, is stepping down from his role as chairman and will be replaced by Richard Gershen, the executive vice president of wealth management at City National, Convergent's parent company.
Today's <i>Breakfast with Benjamin</i> menu includes: What to know if you want to use active bond funds, all the jobs news is not good, oil climbs but it won't last, and the mother of all corporate tax inversions.
Daniel Bonventre, who ran Mr. Madoff's broker-dealer for almost 40 years, received half the minimum time prosecutors sought in the case.
Broker-dealer regulator promises to modify rules after survey identifies 'pain points'.
The executive, who led Western Asset Management Co. during its purchase by Legg Mason Inc., spent more than three decades in the investing industry.
Here are a few retirement questions financial advisers should prepare for clients to ask.
Major Wall Street interest group cites cost, regulatory creep and impact on civil liberties in attack on Finra's data-gathering proposal.
Convergent Wealth Advisors chief also deploying the software for his new advisory firm.
A big part of helping clients with their artwork charitable legacy is about “relationship” management &mdash; the relationship the client has with their collection and their future plans for the collection.
Pre-retirement planning strategies help reduce tax impact from required minimum distributions.
From Casey Kasem to Sir Mick to Robin Williams, their estate planning successes and failures offer lessons for everyone
