Portfolio

Legacy expert attorneys Andy and Danielle Mayoras say the billonaire's case serves as a reminder that too many people make the estate planning mistake of relying on verbal or written promises that contradict their will or trust.

The SEC has charged an investment advisory arm of UBS with overstating the prices of securities in three mutual funds, some times by more than 100%.

Two large RIA firms have launched their own apps in the Apple and Android store, putting them ahead of the field in the race to maintain contact with clients.

The proceeds will be used in areas that Jefferson National anticipates will translate into growth.

Almost six in 10 millionaires believe they have an obligation to give back to their communities, unchanged from 2008, when the U.S. economy went into a tailspin, according to a PNC Wealth Management survey.

After a gloomy 2011, this year the outlook for regional banks seems better, according to S&P Capital IQ.

When broker-dealers give money to California school bond campaigns, it appears to be money well spent. A review of campaign finance records found a nearly perfect correlation between broker-dealer contributions to California school bond efforts in 2010 and their underwriting subsequent bond sales.

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.

Retail investors in municipal bonds got whipsawed in 2011.

The number of listed exchange-traded funds grew 20.6% in 2011 and the number of listed exchange-traded notes grew 53.8%, according to U.S. figures developed by the Exchange-Traded Fund Association.