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Although the firm sees risk parity as a way to compliment holdings of its biggest customers, critics see a volatile fund that has underperformed.

A lump-sum distribution for net unrealized appreciation on employer stock can slash a tax bill in half, but there’s plenty of fine print.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

The team joins Raymond James’ burgeoning brokerage ranks, which recently hit 7,862 independent and employee advisors.

It could be the most significant update to advisor standards of conduct in years.

"You should buy into IPOs to hold them, because you believe in the company," James Gorman said.

The number of recipients has increased as the baby boomer generation reaches retirement age.

While the wirehouse has suffered from advisor attrition, the regional BD has grown its brokerage ranks.

CEO Dan Arnold presented details of the firm's mounting ambition after announcing the acquisition of a brokerage and RIA with $3 billion in client assets.

The agency processed more of every major type of form during FY 2018 than during the prior year, with the exception of estate tax returns.

The chances of getting audited for people making at least $10 million plunged during the last fiscal year, IRS data shows.

“The general feeling is that progress is made every day, little by little,” an executive said of the crypto community’s optimism.

Swiss banks face pressure across Europe, with prosecutors in France, Germany and Italy accusing them of helping clients hide money from tax authorities.

Despite the win, a proxy adviser had raised concerns that the bank’s compensation committee uses too much discretion when determining total pay.

The firm has a particular focus on female clients and empowering women to better control their finances.

The top 20 collected nearly $1 trillion in combined assets.

The firm has its origins as a family office founded by John D. Rockefeller in 1882.

The delay does not “indicate that the commission has reached any conclusions,” the regulator said.

They are not required to pay taxes on income accrued from properties leased for no more than 14 days.

Several of the firm’s new hires are industry veterans with more than 30 years of industry experience.