Practice

Assets managed by multiple family offices increased 68% between 2007 and 2011 to $777.3 billion, according to Cerulli Associates, a Boston-based global research firm.

A top White House official reiterated on Tuesday that President Obama is committed to the 28% cap on the value of tax exemptions for high income earners, which includes municipal bond interest.

The Jones’s are alive and well, and keeping up with them just got more expensive.

If the government decreases social security and other benefits as a way to avoid the cliff, middle class Americans could be hit the hardest.

Year-end plan reviews are the perfect time to demonstrate your value and address any concerns your plan sponsor clients may have, Bob Kaplan, ING U.S.’s National Retirement Consultant, told advisors during a webinar.

To foster the evolution of financial planning as a widely accepted and understood profession, NAPFA announced that, starting Jan. 1, it will only accept the CFP designation for anyone applying to become NAPFA-registered planners

Morgan Stanley Wealth Management has added eight financial advisors from rival firms Merrill Lynch and Barclays.

The new platform will allow advisors to spend less time managing regulatory and compliance issues, and more time growing their businesses.

House Minority Leader Nancy Pelosi, D-Calif., said she would try to use a procedure known as a discharge petition to bring a Senate-passed bill for extending the middle-class tax cuts to the floor of the House.

CFOs in the U.S. remain uncertain about the future of the economy and their own businesses, according to a new survey.