"Its important that investors understand what this new legislation can mean for their long-term financial health and outlook," said Randy Merk, executive vice president and president of Charles Schwab Investment Management. "Lowering the tax rate on dividends will make stock ownership more meaningful than merely hoping the share price of a stock climbs higher."
New proposals in seven states could soon subject over half of all U.S. millionaires to targeted high-earner tax rates.
Amid UBS advisor exits, 25-year veteran joins Morgan Stanley
Given recent renewed interest in the medium, top enthusiasts' collections can be worth six figures. But quality generally beats quantity, and it pays to be informed about which rare pressings are most sought-after.
Rich Guerrini said the bank plans to expand its advisor ranks by about 50% as it targets mass affluent and other new clients with personalized branch-based service.
The positive association between the largest certification in the planning profession and key client outcomes is adding to a growing field of research on the value of advice.
Having potential spouses on the same page regarding money before taking their vows can help stave off hurt feelings later.
