Practice

Seniors are less likely to itemize tax deductions this year as a result, an expert says.

Annual contribution limits for 401(k) plans have been raised to $18,500 this year, with catch-up contribution limits capped at $6,000.

Fourth-quarter profits ticked up a modest 1% year-over-year to $659 million even as number of advisors dropped 2%.

The new tax law is expected to drive more money into investment products and push stock and bond prices even higher, says CEO Laurence Fink.

The proliferation of smart beta and increased AUM are among the forecasts by industry experts.

‘This move highlights the increasing regulatory burdens faced by independents and the solutions that Stifel can offer,’ regional director Kevin Ortmeyer says.

Seniors looking to launch a business should consider collecting their retirement benefits early.

M&A deals have picked up pace as tech firms bring more complex products to market.

Advisors have been ditching some of the larger firms for greater latitude.

The new texting capabilities will roll out on both Apple and Android devices over the next two months.