Financial planning

Some advisors say they’re busier than ever in the last weeks of 2020.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

The firm has sought to broaden the range of clients it targets with its wealth-advisory services.

Clients have been jolted into engaging with their total wealth, not just their money, says UBS’s Ultra High Net Worth and Private Wealth Management Americas head John Mathews.

The advisors know RBC’s Pittsburgh complex director from earlier in their careers, when all three men worked at Smith Barney.

The wealth management firm says the pandemic has proven how invaluable the benefit is for retaining talent.

“Platforms like this you would typically see at the larger broker-dealers and maybe the wirehouses,” says Gary Gallagher, the firm’s head of investment and managed solutions.

The benefit is becoming more popular now that it can be offered and managed digitally.

Advisors need a complete picture of the unique defined benefits and compensation a veteran receives.

Clients should save political beliefs for the polling place and letters to elected representatives; don’t let them cloud your investment decisions, writes financial planner Kimberly Foss.

What different outcomes could mean for financial planners and their clients.

Wealthy clients are the fastest growing segment of the company’s retail division.

The firm currently provides benefits to 10,000 employers and their 2 million employees.

While it may seem that there is a high barrier for entry, there are many resources available for advisors who deal with financial services abroad.

"We’re not just software,” CEO Ed O’Brien says. “We’re here to help advisors be better planners.”

Fortunes in the tech and health care sectors jumped by 43% and 50%, respectively.

The company plans to expand services to the high-net-worth by doubling the number of its advisors, its wealth management head says.

“I would not be doing my job as somebody that is totally committed to making our Americas’ business a top competitive business for Julius Baer if I wasn’t seriously looking at a U.S. platform,” said Beatriz Sanchez, the bank’s head of the Americas.

Under the proposals, the top 0.1% of earners would be subject to a 43% tax rate on their income.