High net worth

The ultra-wealthy portfolio has a large percentage of illiquid assets and advisors without tools to manage that aspect will lose that client, says one provider.

Private events can have a strong impact on the success of your practice, but are often overlooked or handled badly by many advisors.

Convert property taxes into charitable donations? Sue the federal government? How officials in California, New York, New Jersey and Connecticut might fight new caps on state and local tax deductions.

The drastic changes are shaking up the status quo of estate planning. Here’s how financial planners need to change their approach.

Private events can have a strong impact on the success of your practice, but these organized events are often overlooked or handled badly by many advisors.

“The discussions we’re having now are, ‘Call your municipality and try to establish what your liability is. Call your mortgage holder,’” an advisor said.

In a year where the market has reached new heights, protecting client’s wealth from losses, including the costs of taxes, is just as important as generating returns.

As a result of the violations, the firm created deficits in foreign and domestic securities valued at hundreds of millions of dollars, FINRA alleged.

Personal exemptions may be lost but households can expect higher savings from the child tax credit, an advisor says.