Practice

Donating complex assets is one option clients may consider when itemizing deductions on their 2018 returns, an expert says.

Be careful when giving gifts over $100 in value.

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

The firm’s efforts mirror those at other firms and associations that are trying to improve the profession’s diversity.

“They always want to have lines in place for if markets do turn down and they get capital calls on private investments,” says Jim Steiner.

The hiring spree follows the firm’s move earlier this year to become a member of the Broker Protocol.

Should it be custodians? Or the clients themselves? Bob Veres picks a side.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

"This multigenerational shift in wealth will reshape the wealth management landscape over the next quarter century," an expert says.

Still, time is limited. Tell clients they’d better take advantage of the current exemption before it expires.