John Hancock Funds will distribute capital gains from nine of its equity funds in November instead of December in order to help shareholders minimize their taxes.
Anne Hodsdon, president and chief operating officer of John Hancock Advisers, said in a statement that the early distribution would allow shareholders to make portfolio changes to alleviate their tax burdens. "Paying these gains early gives shareholders the upper hand when it comes to their year-end tax planning," she said.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
