The House or Representative's approval of the Senate's compromise measure locks in marginal and death tax rates for two years. But what happens after that is anyone's guess. | <a href=http://www.investmentnews.com/article/20101217/FREE/101219941>IRA 'deal of the century'?</a>
House Democrats may try to amend the estate tax provision of a bill that would extend Bush administration tax cuts for all income levels after the Senate acts on the measure early this week.
Republicans had much to cheer about last week, including the significant advance they made in their longstanding battle to do away with estate taxes for the ultrawealthy
President Barack Obama's tax deal will not meet its key objective of generating durable jobs unless it's part of a broader policy push.
Commission aims to beef up reporting requirements for broker-dealers that custody assets
The current turmoil surrounding European sovereign debt is part of a new cycle that investors will have to learn to navigate, according to Kristin Ceva, manager of the $680 million Payden Emerging Markets Bond Fund Ticker:(PYEMX).
The European Union's $116 billion bailout of Ireland's largest banks is the latest reason to avoid exposure to the euro, as well as to sovereign debt from “peripheral Europe,” according to Chris Diaz, manager of the $525 million ING Global Bond Fund.
Given the vague, distorted and misleading ways many of us use language these days, George Orwell is probably spinning wildly in his grave.
UBS AG's retail-brokerage operations in the United States lost $63.8 million pretax in the second quarter, reversing a pretax profit of $14.3 million in the first three months of 2010.
Clearing firms, facing declining revenue and in-creased competition, have something new to worry about: More and more broker-dealers are seeking loans as an incentive to sign on with a new firm.
In a major compromise with the GOP, Pres. Obama agreed to extend lower marginal rates through 2012. The Administration also wants to cap the estate tax at 35% with a hefty $5 million exemption. Not surprisingly, some Democrats aren't overly thrilled by the plan.
Democrats may not be happy with the Administration's plan to revive the levy, but there may not be much they can do about it. Here's how things shake out right now.
About two years ago, I wrote about an adviser who died without a succession plan, wreaking havoc on his clients, his business and his family.
To say that financial advisers face an uphill battle in regaining the trust and confidence of the investing public is a serious understatement.
Pendergraft believes that spooked investors could sap retail volume; 'extreme negativity in May'
In the final installment of this four-part series, <i>InvestmentNews</i> examines how advisers' relationships with 75+ year-old clients is changing considerably.
A proposal by Finra to develop a qualifying test for investment advisers has received a cool reception from adviser groups, which claim that it is part a continuing campaign by the regulator to broaden its powers.
On the second anniversary of his infamous father's arrest, Mark Madoff takes his own life
