Portfolio

Here's what you missed this week in wealth management.

The Swiss lender is also simplifying its structure into four divisions, including a single unit that groups together its advisory businesses.

Investors might want to prepare for an extended bout of inflation, whether it comes or not.

The service lifted the limit from $19,500 as part of its annual inflation adjustments.

Once again, the proposal would cap certain IRAs and require distributions once thresholds are met.

The regulator asked Direxion to pull its own application the same day it was filed.

After a $70 million fundraising round, the company also plans to begin offering HSAs and emergency savings.

Democrats, unable to gain traction on taxes that affect only the ultra wealthy, have turned to trusts as little as $200k.

With today’s generation of home buyers so rooted in a digital world, how will the financial services industry need to change to meet their needs? What new consumer technology will they need to adopt to meet consumers where they are? How will those approaches differ from how things have been done historically in the industry? Join us in a discussion with Blend’s Founder, Nima Ghamsari as we chat through how banks and financial institutions need to think through these questions.

That Rothko, Basquiat or Banksy hanging in the front hall may be a great way to get a tax break.