February 12, 2024
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Featured News
Braxton encourages RIAs to see investing in diversity as a business strategy
‘If a firm values its human capital, then it will make an investment to make sure that their talent can flourish for the advancement of the bottom line,’ says Lazetta Rainey Braxton, co-CEO of 2050 Wealth Partners.
New RIA co-op platform targets diversity gap
The two female advisors behind independent platform explain residency program that aims to ensure talent funnel of diverse candidates.
Investing for social justice
Advisors should ask how and why clients want to address racial equity in their portfolios.
FPA, CFP Board diverge on DOL investment advice proposal
While the CFP Board supports the proposal, the FPA has expressed concerns about the DOL rule potentially raising compliance costs for members, increasing the cost of advice and reducing access to advice for some.
High stock values and layoffs combine for big tax breaks on company stock
With the net unrealized appreciation tax break, company stock can be withdrawn from a 401(k) in a lump-sum distribution and have its appreciation taxed at capital gains rates, rather than as ordinary income.
Industry should reflect on pace of change
Advisory teams that can relate to our changing demographics not only makes sense socially but also from a business standpoint.
