Portfolio

Two Florida advisors have been charged with defrauding their clients, including many retirees, in an offshore fraud scam.

Why one firm scrapped its old minimum asset requirements and created a new client division.

To report a capital loss yet retain a position in the relinquished asset, clients can double up in November and sell the original holding after waiting more than 30 days.

The Fed will probably hold down its target interest rate long after ending $85 billion in monthly bond buying, and possibly after unemployment falls below 6.5% said the Fed chairman.

Lincoln National topped $10 billion in individual variable annuity sales in the nine months ended Sept. 30, the most in at least six years, as rivals retreated from the contracts.

In the wake of this summer's Supreme Court ruling on the Defense of Marriage Act and Prop 8 -- as well as ensuing federal clarifications related to tax rules, employee spousal benefits and more -- same-sex couples now say they need help with financial planning.

JPMorgan Reaches Record $13 Billion Mortgage Pact With U.S.

New ETF Products Aim for Higher Yield

G. Moffett Cochran, co-founder and chief executive officer of Silvercrest Asset Management Group Inc., a New York-based firm catering to wealthy families, which went public in June, has died. He was 63.

Essential elements of a risk-based plan include a thorough analysis of future cash flows combined with in-depth conversations regarding the client’s priorities and goals for a variety of scenarios including death, disability, long-term care, property losses and civil suits.