“2014 is going to be a better year,” Martin Feldstein, a professor at Harvard University and chairman of the Council of Economic Advisers under President Ronald Reagan, said .
John Thomas Financial pulls its registration with Finra; downfall months in the making
Moving a trust to another state can extend its life or reduce your income taxes.
Moving a trust to another state can extend its life or reduce a client's income taxes
Advisers need to watch that clients do not inadvertently inflate their income and Medicare costs
Average totals up more than 50% since 2008, Fidelity says.
Investors in the company run by the billionaire have to rely on his homey annual shareholder letter and Q&A at the annual meeting for info on its disparate holdings because the company, which is set to post record full-year profit next week, has become more opaque during his five-decade-long acquisition spree. Still, they've done OK.
Advisers are debating why Pimco's co-CIO unexpectedly resigned but most agree that with Bill Gross in charge of investment strategy, the firm is not likely to take a hit to its reputation or suffer major fund outflows.
You have to be creative and be careful of a couple key rules.
The problem is complex: With bonds in the dumps, many advisers are cutting their clients' allocations to fixed income. But they have to figure out where to put that money, because it's not a slam-dunk “toss it into stocks” decision.
Where technology is going in 2014, plus other must-reads from wealth manager and CNBC commentator Josh Brown
Some investors lost faith in the metal as a store of value amid a rally in equities and an improving economy
Some investors lost faith in the metal as a store of value amid a rally in equities and an improving economy that prompted the Federal Reserve to pare its $85 billion in monthly bond purchases.
Pimco's co-CIO says central banks pushing investors to riskier assets but that policy has limits.
Regulator says firm misrepresented parts of a CDO deal, making disclosures false.
First half of 20th century saw flood of ground-breaking work; not so much lately
