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Serving your business clients and your bottom line
According to a recent survey by Arizent Research/Financial Planning, advisors report that their business clients’ revenues were down 69%.
Wells Fargo nears deal with GTCR, Reverence for asset manager
To streamline the company, CEO Charlie Scharf has been looking to sell certain businesses since taking over in 2019.
By Matthew Monks and Hannah Levitt
Here are the major parts of $1.9T Biden relief plan
The proposal includes a wave of new spending, including more direct payments to households and an expansion of jobless benefits.
Cryptocurrencies face greater oversight under Gensler-led SEC
Biden's expected nomination for chairman is known for pushing back at banks and corporations in search of greater investor protections.
By Olga Kharif
Ex-broker arrested after Capitol riot dies by suicide: authorities
The 25-year industry veteran of four wealth managers and a trust company faced a charge of unlawful entry on public property.
RMDs are back: What advisors need to know in 2021
After a waiver, required minimum distributions from certain retirement accounts — including traditional IRAs and 401(k)s —return for 2021.
IRS warns of coronavirus relief payment scam
The Internal Revenue Service’s Criminal Investigation Division issued a warning Thursday about a new wave of COVID-19 scams tied to the latest round of stimulus payments, especially targeting taxpayers in the District of Columbia.
Picking the top tax breaks from the latest stimulus package
Last month's COVID-19 relief bill has accountants recommending some deductions to clients, and wondering about the applicability of others.
From Goldman to SEC: Gensler’s next stop worries Wall Street
“The sheriff is coming to the preeminent financial regulator in the world,” said Justin Slaughter, a consultant at Mercury Strategies. “It means regulation and enforcement are about to get much tougher.”
By Ben Bain
RBC kickstarts 2021 recruiting with $900M in new hires
The firm’s aggressive hiring streak continues with the onboarding of several wirehouse advisors.
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