Practice

The administration's plan would eliminate a break that allows heirs to use the market value of assets at the time of a transfer, rather than the actual purchase price.

Residential property owners are the most likely to be impacted by proposed changes in the administration’s American Families Plan.

JPMorgan’s CEO said in a memo that he expects “all U.S.-based employees will be in the office on a consistent rotational basis” by early July.

The 20-advisor team left Advisor Group’s Securities America for the private equity-backed holding company’s independent subsidiary, Cadaret Grant.

An equity investment plan can help clients get over timing decisions, writes Don Bennyhoff.

The Swiss bank added a sprinkle of new US advisors for the first time in years, amid record quarterly profits and plans for global job cuts.

Profits slumped last year and many investors are now voicing their displeasure with the compensation awarded to senior leaders. A nonbinding “say on pay” vote taken Tuesday passed narrowly, but Chairman Charles Noski indicated that the board will take the results into account when designing future pay packages.

The actively managed offering will be available as soon as this summer, according to sources familiar with the plans.

In releasing their annual snapshot, state securities agency officials pledged to provide clarity around the compliance headache for small practices.

If passed, the package would end the step-up in basis provision, which will mean significantly larger tax bills for wealthy estates.