iTunes provides info for advisers
Why download music when you could instead be listening to a market outlook forecast from MFS Investment Management?
Which portfolio fees are tax deductible?
The TCJA enacted major changes on what expenses investors can claim on their tax returns. Find out which portfolio management fees are tax-deductible
House Democrats contemplate abolishing 401(k) tax breaks
Powerful House Democrats are eyeing proposals to overhaul the nation's $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.
First Eagle stars begin running their own funds
Two members of the team responsible for the success of the First Eagle Funds Group began running their own funds last week.
Beneficiary documentation case goes to high court
A case scheduled to be heard by the Supreme Court next month about the fate of an inherited 401(k) plan should serve as a wake-up call to advisers who neglect to update beneficiary documents, according to experts.
Planning group for disabled people to kick off adviser training program
Protected Tomorrows, an organization that trains financial advisers to serve those with special needs, is starting a program to train advisers to handle the special financial needs of the disabled, said Mary Anne Ehlert, the group's founder.
BofA, Merrill deal done as Lehman teeters
Lehman Brothers is verging on collapse, even as Bank of America has reportedly bought Merrill Lynch for $44 billion; AIG hammering out its own rescue strategy.
Securian Financial Group buys H. Beck
Another independent-contractor broker-dealer is being sold — and this time an insurance company is pulling the trigger on the deal.
When are management fees deductible?
The TCJA eliminated the tax deductibility of most portfolio fees. So, when are investment management fees tax deductible? Read on and find out
Muni death watch concerns advisers
Many financial advisers consider municipal bonds to be relatively safe investments, but that image took a hit last week when Jefferson County, Ala., moved a step closer to what could be the largest municipal bond default in U.S. history.
Morgan Stanley poaches American Indian wealth team
Morgan Stanley Private Wealth Management has poached a team from fellow Lehman Brothers to serve high-net-worth American Indian clients.
Younger Americans not saving enough for retirement
Younger workers are saving for retirement but fear that they aren't saving enough and that benefits such as Social Security will be cut before they are ready to retire, according to a new study.
Advisers urge clients to prepare for potential layoffs
As layoffs rise, some financial advisers are encouraging their clients to come up with contingency plans in case they lose their jobs.
IndyMac files for bankruptcy
The bank has outstanding liabilities of $100 million to $500 million and fewer than 50 creditors, according to the filing.
Securities America names Nagengast president
Jim Nagengast was named president of Securities America Inc., the broker-dealer unit of Securities America Financial Corp.
Global-infrastructure fund goes retail
First American Funds Inc. of Minneapolis is hoping to leverage the growing popularity of infrastructure investing by opening its seven-month-old previously institutional-class mutual fund to retail-class investors.
Tiger 21 and IPI cultivate wealthy – for profit
How's this for a business model: invite really, really rich people to join an exclusive club, charge them not inconsiderable fees, and encourage them to share concerns and investment ideas.
Firms launch infrastructure indexes
Dow Jones and Brookfield Asset's indexes serve as benchmarks of companies that own infrastructure assets.
Structuring of beneficiary designations
Smart advisers don’t rely on a client’s memory about beneficiary designations; they ask to see paperwork.
