The budget will assume the increase in the top capital gains tax rate to 43.4% that Biden has proposed will be effective retroactive to late April.
The bills amend the Investment Advisers Act and federal retirement law to promote sustainable investing. The document must describe the factors advisers use in making investment decisions and they must 'align with an ESG framework'
Two impending hikes that would boost premiums for existing CalPERS Long-Term Care insurance customers by 90% make coverage hard to justify, one policyholder said.
The agency likely will propose disclosure rules and has already outlined compliance shortfalls, according to experts at the InvestmentNews Global ESG Summit.
An aggregator with close to 50 deals since 2016, Mercer already had custody agreements with Schwab, TD Ameritrade, National Advisors Trust and Fidelity.
But unemployment resulting from Covid could temporarily reverse that positive trend.
Impact Benefits & Retirement and Strategic Employee Benefit Services will be folded in.
Three sole practitioners managing $297 million in total are also moving to the firm.
People want to work with advisers who show they’re proactive and reliable by identifying problems that could have easily gone under the radar. Custom targeting reinforces the idea that you are capable of helping.
The quarterly sales growth was the highest since 1983, according to Limra.
Amy Cooper says the company falsely claimed that it conducted an investigation before firing her.
The agency released a revised version of its publication covering rules on inherited IRAs that confirms there are no RMDs required during the 10 years. But the publication raises another question.
Gensler told lawmakers Wednesday that special purpose acquisition companies and digital coins pose significant policy and investor-protection questions.
Christian Habitz and Sarah Damsgaard's firm, Invictus, has partnered with Dynasty Financial and will have offices in Chicago, Miami and Milwaukee.
Sometimes, rather than stopping clients from overspending, we need to convince them that they can afford something they want.
Study co-authored by Robert Jackson Jr. shows that 'wandering advisers' who leave one regulator and continue operating under another are more likely to commit misconduct.
Banking Committee Chairman Sherrod Brown challenged the executives 'to be as good to the American people as the nation has been to you.'
The regulator is taking ownership of the work that is needed to provide some comfort around custody issues in the crypto space. 'The bottom line message I have is that we have work to do,' she said.
Though RPAs loathe comparisons to law firms, advisers are professional service providers like lawyers and accountants who charge based on the work and time spent. More experienced professionals can charge a higher hourly rate – and last time I checked, few of them are hurting.
Ramsey blamed the high cost of various lawsuits from Washington state and the timeshare industry as the reason why Timeshare Exit Team is no longer an advertiser on his platform.
