In a recent private-letter ruling (PLR 201116005), the Internal Revenue Service allowed a disabled beneficiary to transfer his share of two inherited individual retirement accounts to a special-needs trust of which he was the beneficiary
Though the options are relatively few, there are places socially conscious mutual fund investors can go for exposure to bonds. Of the 173 mutual funds that Morningstar Inc. identifies as applying social or religious screens, only 20 invest in bonds
Attendees at annual convention urged to diversify their workforces; 'you have to be willing to be uncomfortable'
Marty Kurtz is trying to bring cultural change to the association
Value-at-risk measurement proved to be way off for both companies
In an internal memo obtained by Reuters, the new boss of UBS says the bank's U.S. brokerage is not being shopped -- despite rumors to the contrary. | <a href=http://www.investmentnews.com/article/20110926/FREE/110929946>PR disaster could curtail UBS' generous recruitment packages</a> | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs make</a>
Breaking away can be a daunting proposition. Here's what to do — and not to do.
<i>Jittery. Anxious. Panicked.</i> Take your pick -- any of these words describe stock investors, who pulled nearly $75B from equity mutual funds and ETFs since the end of April. And many won't be coming back.
Swiss bank may also have to reduce headcount even further
Veteran advisers sign on with Wells Fargo; duo have $1.5m in production
Hurricane Irene's estimated cost to insurers fell to about $2.6 billion in the U.S. as the storm lost strength en route to New York.
Georgia requested information from UBS, Morgan Stanley and Ameriprise Financial in its probe over whether the firms broke the state's securities laws in sales of structured notes called reverse convertibles.
Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier muscled him out of his book of business and passed it on to a newer, younger agent
U.S. life insurers had a fairly small appetite for mergers and acquisitions last year, with much of the activity encompassed in AIG's shedding of its foreign life insurance subsidiaries
President Obama made the lives of advisers, accountants and taxpayers easier today by removing the burden of having to get permission to use trademarked tax strategies.
Gold's rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supplies that has helped spur bullion to a record, according to investor Marc Faber
Despite last week's sudden pullback in the price of gold, most financial advisers and market watchers aren't ready to abandon the precious metal just yet.
Dozens of athletes planning to participate in the Ironman U.S. Championship in New York and New Jersey got a lesson in courage from one of their own: John Hyland, managing partner of Morristown Financial Group.
