Financial planning

Raymond James, LPL, Kestra, the SEC, Dynasty, Janney Montgomery Scott, Mercer Global Advisors, Adasina Social Capital, Fidelity and other quick takes from the week in financial advice.

The firm serves UHNW clients, and the advisors embarked on a search in order to enable clients to have more access to private investments.

Biden’s approach might be politically astute, but from a fiscal-design point of view, it’s partially self-defeating, Bloomberg’s Clive Crook writes.

Women in the United States have a lot in common when it comes to managing their money. They prioritize financial stability and nearly half equate negative emotions with financial planning - far more than men.

Bizarrely, the administration’s plan targets two loopholes that pass-throughs often use to lower their tax bills, says Bloomberg's Alexis Leondis.

Ta is aiming to reduce turnover at Wells Fargo Advisors by revamping the succession planning program.

The purchase of Advicent comes just three months after a recapitalization merged the acquirer with Tegra118.

The administration's proposal for the capital-gains tax rate is in part a throwback to the Reagan years, an expert says.

The new rate, up from the current 37%, would encompass less than 1% of taxpayers, a White House official said.

The administration’s American Families Plan includes a bump in the top tax rate to 39.6%, but doesn’t specify thresholds for different types of filers.

If employees are a company’s greatest assets, then children are a person’s greatest treasure.

The actively managed offering will be available as soon as this summer, according to sources familiar with the plans.

If passed, the package would end the step-up in basis provision, which will mean significantly larger tax bills for wealthy estates.

Bailard appointed Sonya Thadhani Mughal under a succession plan and a series of moves unveiled by the wealth and fund company.

Younger workers are more prone to monetary concerns than their older counterparts, due to a lack of savings and other factors, a recent survey found.

The Samsung dynasty’s art collection, including classic paintings by Picasso and Monet, is estimated to be worth between $2.2 billion and $2.7 billion.

Even salaries, which are typically seen as private, were up for conversation among those in the cohort, a survey found.

After dismissing digital currencies for years, some — but not all — Wall Street giants are warming to the idea.

Staffing and compensating a financial planning practice starts with the right model.

It's typical for wealthier customers to have the wrong level of coverage.