Philanthropy

The Microsoft co-founder had no direct inheritors to his wealth, but other family members and potential investors are seeking a portion of his holdings.

The business of supporting charitable giving has never been so profitable.

Certain clients may consider donating directly from their IRAs.

Someone who starts saving from age 20 can sock away 90% less per month than someone who gets a later start at age 50 and still build the the same size of portfolio.

Microsoft and Amazon.com are the fund’s top-two holdings.

Here's how to make the most of high-net-worth clients' charitable nature.

Wealthy families can enjoy a $2,000-per-child break with the expansion of the child tax

Taxpayers won’t get big federal write-off above state credit.

Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.

This year’s Pro Bono Award goes to Amy Born, who gives one-on-one advice to Habitat for Humanity homeowners.

Didi Dorsett, 2018 Pro Bono Award runner-up, uses analytical skills she learned in the military to offer financial advice at no cost.

The new executive will lead the development of the private bank’s philanthropy and family governance services.

Dividend income is taxed lower than interest yields. And for the federal taxes that apply, clients can take steps to minimize those as well.

Both are structured to last a long time — sometimes forever. But beware of one-size-fits-all approaches.

One manager’s new group of funds will launch in collaboration with leading nonprofits.

These planners, who have been honored with the Pro Bono Award, model ways advisors can help people in need.

2017 was a banner year for RIAs, but marketing, hiring and operations are seen as key to future growth, according to a Schwab study.

The best time to get hired to manage a billionaire’s money is while your firm is helping to create that fortune.

Members of Gen X and millennials seem to work harder to put their money where their mouths are.