Wealth management

Effective tax management can add 1% percent to a portfolio annually, and potentially more in highly volatile years

The firm expands on both coasts with Glasband Stempel Wealth Management in Florida and Carol Wilshire in California.

Ray Dalio’s $138 billion asset manager has tweaked its version of the strategy as yields hit historic lows, a person familiar with the matter says.

It could be a “better together” scenario for retiring sellers and under-55 advisors alik

The department’s new proposal would restrict when fiduciaries can vote in retirement plans.

Some of the biggest laggards have managed short-term gains of more than 40%.

The advisor sold securities out of one account to buy a Camaro ZL1 — then resold the car to the same victim, the regulator alleges.

It may seem counterintuitive, but paying appreciably more taxes in 2020 could save families a lot of money down the road.

The custodian has restructured the way it services RIAs and plans to scale.

“The strategy was really tied to choosing the right partners who we knew had a greater likelihood of integrating well together,” says Amit Sahasrabudhe, COO of the firm’s U.S. wealth management business.

More than 600,000 ounces of the precious metal have been added to ETFs since mid-May.

Credit Suisse has discovered fraud at its international wealth management business, two years after it was criticized by a regulator in a similar case that rattled the bank and raised questions about controls.

Advisors, nervous about the exposure, say they are struggling to get clients to switch things up.

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

Unnerving as this COVID-19 year has been, the massive shift to virtual business has propelled planners to work even more efficiently with clients.

New digital integrations with CAIS and iCapital make it easier for independent advisors to access private equity and hedge funds.

Previously, criteria focused on an investor’s wealth. Now, a broader group has access to investments that include private company offerings and certain private equity funds.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

As millennial and Gen-Z women take more control of their own finances and those of their families, they’re becoming less tolerant of bias, research found.

Depending on the economy and the election, they could be on the chopping block as soon as 2021.