Ann Marsh

Organization wants to dispel 'conventional wisdom that it's a solution in search of a problem.'


A media shy financial advisor in Silicon Valley, Divesh Makan of Iconiq Capital, stands to bring in a potentially historic haul of new assets under management when Facebook launches its long-anticipated IPO.

Brian Saltzman, formerly with AllianceBernstein in New York City, has joined Neuberger Berman Group LLC as a wealth advisor and vice president in the firm’s Manhattan office.

Michael Hamm has left a position as vice president at Cambridge Investment Research in Fairfield, Iowa, to become a senior vice president at The Legend Group in Palm Beach Gardens, Fla.

Here's a an early preview of Financial Planning’s February cover story examining the savviest strategies that top planners and other financial professionals are using to put the fix back into their clients’ fixed income.

New M&A data from Schwab seems to suggest that the RIA space is not consolidating as fast as some have predicted it would – though the final analysis depends on how you define consolidation.

The wealth management industry is adjusting to clients who increasingly expect that they should have anytime, anywhere access to their account information via mobile applications, according to a new study.

Columbus, Ohio-based Beacon Hill Fund Services announced their first customer for its new Advisors Investment Trust product. The product enables multiple unaffiliated registered investment advisors to co-exist in the same registered investment company.

To not only survive, but thrive in 2012 and beyond, planners need to do two tricky things exceptionally well simultaneously: reduce expenses and increase their technology and mobile capabilities to engage younger, tech savvy clients.

As tax time approaches, many clients are wondering what to do with their most highly appreciated assets. If they are charitably minded, those assets can be converted into reliable streams of income through charitable trusts.

The CFP Board is seeking input and guidance from planning professionals as it considers changing the way it currently investigates bankruptcies among planners.

When it comes to acquiring and retaining clients, social media channels are on their way to becoming as important as traditional media channels for wealth managers, according to a study from Celent.

In recent years, the federal government has created an AMT “patch” to help exempt millions of Americans from getting caught. But planners should note that lawmakers haven’t moved to create a patch for 2012.

Planners have taken note of the fact that clients with incomes of $1 million or more were twice as likely to be audited by the IRS in 2011 than they were in 2009. Several say they are taking steps in anticipation of still greater vigilance on the part of the agency.

It's time to think about accelerating clients’ income for 2012 in anticipation of higher taxes for 2013 and beyond, according to the founder of one of the nation’s largest RIAs.

Cetera Financial Group has agreed to buy Genworth Financial Investment Services, an independent broker-dealer with almost 2,000 independent advisors specializing in integrating wealth management services with tax and accounting services.

Web Exclusive: The woman who runs the nation's largest RIA firm, Maria Elena Lagomasino, doesn't have much faith in the non-fiduciary side of her industry. In fact, she says an unfortunate number of planners at large banks and brokerage houses run their businesses to benefit themselves as much – or more than – their clients.

Web Exclusive: It took Oxford Financial CEO Jeffrey Thomasson years to figure out how to recruit and hire the best people. Now, the nation’s second-largest RIA has it down to a science – and the firm is thriving like never before.

The SEC has charged an Illinois-based investment advisor with using LinkedIn and other social media channels to attempt to sell $500 million in fictitious securities.

Web Exclusive: The nation’s third-largest RIA now has more than $10 billion in assets under management due in large part to its comprehensive approach to managing and maximizing clients’ investments with the taxman in mind.