An unusual coordinated effort among state lawmakers seeks to impose wealth taxes across the country, but advisors warn levies on assets will drive high-net-worth clients to lower-tax states.
The death of Lisa Marie Presley may leave her children on the hook for $1 million in back taxes. Could this have been avoided?
Half of near-retirees are relying on self-education to understand Social Security and Medicare, while 53% plan to use an advisor to maximize retirement income sources.
James Couture of Worcester, Massachusetts, had pleaded guilty in September to being involved in a scheme to steal $2.8 million from clients.
The combination of rising prices and a falling stock market have worsened the retirement crisis, with 37% of retirees surveyed saying they have no savings at all.
The asset manager will make a minority investment in Human Interest, as well as leading a financing round to support the next phase of the company’s growth.
But the two groups are almost evenly split on the outlook for inflation in the coming year, according to a study by Ubiquity.
TrustCore marks Captrust's second acquisition in Nashville and the firm's 63rd deal since 2006.
While a new DOL rule OKs considering ESG factors in selecting investments for 401(k)s, it may take more than that to get large employers to change their offerings.
One-third of investors say shifting their money was done 'to simplify my finances,' according to a Hearts & Wallets survey, while 26% want 'to get more involved myself.'
The deal will enhance Cerity’s ‘workplace financial planning offering,’ according to a statement.
Direct indexing looks a lot like separately managed accounts, and SMAs may provide more control and flexibility for investors.
The funding fight could be bargaining chip at the center of upcoming debates over raising the debt ceiling and funding the federal government.
A report by Wade Pfau and Steve Parrish concludes that retirees might not be willing to invest aggressively enough to ensure that claiming early and investing the proceeds generates high enough returns.
In this year's report, the regulator also created a separate section under the heading of 'financial crimes,' which includes cybersecurity, anti-money laundering and manipulative trading.
Vestwell will provide a small business component for Carson Group’s Complete 401(k) offering that will allow advisors to better scale their small-and-midsize business retirement plan practices.
While divorce is a sad fact for families, it gives financial advisors the chance to prove their worth over a short, intense period.
Digesting everything in the new law will take some time as financial advisors will have plenty of interpreting and educating to do.
The provisions of the SECURE and CARES Acts, and the related IRS rules, are creating even more confusion about which beneficiaries are subject to RMDs this year.
There will be a lot of recession chatter in the coming year and financial advisors had better be prepared for it.
