Practice

It's never too early to school future heirs on the mechanics and productive uses of family wealth.

The avalanche of cases announced Friday included charges against a no-longer registered advisor and firm accused of misappropriating more than $20 million from clients.

Insurance, emergency savings and estate planning documents are among the topics advisors should consider reviewing with clients.

Part of clients' anxiety about this issue stems from the uncertainty of how much or how long such health care expenses will be incurred.

We named the largest firms and honored those making an impact in wealth management and technology, among other recognitions in the last year.

The many technical skills and professional requirements get most of the attention. But experts say a transition also requires a great deal of time and other capabilities.

Raymond James also recruited from Charles Schwab, and LPL from Raymond James and Merrill

The longtime Goldman exec was given a lucrative retention bonus (vesting in 2030), as was John Waldron, Goldman's president.

The case reflects the extent of industry efforts — and failures to enforce — guidelines such as customer identification programs.

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.