News Feed

The estate is arguing that a tax bill calculated by the IRS overvalued assets including real estate, a Bentley automobile and the late singer’s “image and likeness.”

Mellon Capital Management, a multi-asset manager for BNY Mellon, has become a signatory to the United Nations-Backed Principles for Responsible Investment (UN PRI), emphasizing its dedication to incorporating environmental, social and governance (ESG) issues into its investment program.

Raymond James is ramping up its pitch to attract independent advisors by opening up access to alternative investments.

The fact that clients don’t always divulge all their personal financial information to their financial advisors comes as no surprise. The questions that need to be answered, however, are: how many clients, what is being withheld and why are they so secretive?

Small business owners are feeling more confident even as the economy struggles to return to a more robust level of growth.

In 2012, nearly 27% of commercial banks offered investment services, marking the first increase in over a decade.

Average Americans hold about $300,000 in life insurance coverage, even though they will earn approximately $1.5 million before they retire.

RIAs have a new top cop in Washington.

Treasury 10-year note yields approached the highest level in two years before the Federal Reserve releases minutes of its July meeting that may contain signals on when policy makers plan to curtail monetary stimulus.

Approval has been given by the Board of Directors of Fairholme Funds to reopen The Fairholme Fund (FAIRX) to new investors.