Practice

The world’s 500 richest people have lost almost $1.3 trillion since the start of the year.

“[By extending the tax deadline], they automatically extended the deadline to make an IRA contribution last year,” an expert says.

Whether you’re in search of a roadmap, strategies — or peace of mind for your clients — these recommendations fit the bill.

One wealth manager expects his income to drop by at least $30,000 this year, according to a new Arizent survey. Technology usage is also soaring and some companies’ lack of preparedness is revealed.

The amount of financial advisors changing firms doesn’t capture the breadth of the challenge broker-dealers face to retain them, recruiter Jodie Papike says in an episode of Financial Planning’s podcast.

To hear some regulators tell it, “commission” is code for churning — but the fee-based vogue gives rise to reverse charges, writes Mark Elzweig.

Job listings for roles that don’t need to be filled immediately will be pulled.

Stipulated agreements by BDs and advisors looking to fast-track the arbitration process are becoming increasingly common.

If they plan to use them for current spending, “then the timing of the distribution would not matter for tax purposes,” an expert writes.

Eligible full-time employees will get $600 before taxes while part-timers receive $300.