Portfolio

Is it time to take a closer look at private foundations?

The restriction prevents clients from selling at a loss and buying back the same asset within 30 days. But there are strategies advisors can employ to use the rule to their clients’ advantage.

Companies that provide advice on Social Security are rushing to update their computer after a new law scraps "file-and-suspend" strategies; Plus, five smart things your clients should do the minute they retire.

Advisors who focus on getting all the assets of their crème de la crème prosper.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

The wirehouse is developing an automated investment prototype for Merrill Edge, its discount brokerage for accounts under $250,000.

The deal should be a signal to robo platforms they need to pair their technology with traditional advisors to remain competitive, analysts say.

With labor-market slack continuing to shrink, October's pop in wages may prove more than just a one-month blip. All of this is key evidence for those Fed officials who'd like to start raising interest rates as soon as next month.

Hiring junior people can help free up more time for senior advisors to work with top clients.

This is the primary opportunity to understand their objectives, motivations and expectations.