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The firm’s head of advisors says implementation required significant additions and enhancements.
June 9
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The China-based company is said to be working with Goldman Sachs to prepare for the share sale, which could take place as soon as this year.
June 9
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DAFs come with a potential upfront tax deduction, allowing newly empowered investors to consolidate their giving flows, writes Tom Brilli.
June 9
J.P. Morgan Wealth Management -
The four largest U.S. banks face investor pressure to deliver the returns of smaller rivals, but they complain that the federal deposit cap and capital rules make that difficult. So they're pouring money into wealth management, payments and digital banking to seize more market share in existing businesses and fend off nonbank challengers.
June 9
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Cardea Capital signs up for the technology just weeks after a rival attacked the fintech’s methodology and levied accusations of racism.
June 8
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A state treasurer’s program in collaboration with the Ford Foundation has attracted 18 firms including UBS, BlackRock, Morgan Stanley, Citi and Goldman Sachs.
June 8
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Some world’s wealthiest individuals paid little to no federal income taxes, IRS records show.
June 8
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Even with a 15-year window to pay taxes, a near-doubling of the capital gains rate and the elimination of the step-up in basis loophole will make a sale expensive.
June 8
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The trio of advisors leaving Commonwealth for the regional firm are its largest “reverse breakaways” ever.
June 7
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“If you have a superb value proposition and an incredible platform, you’re able to give more of that money back to shareholders,” said CEO Jane Fraser.
June 7
