H.D. Vest Financial continues to add hundreds of new advisors each year and sees plenty of room for growth as a business
linked to that of tax and accounting specialists, thanks to boomers.
Legislation that would require better disclosure of 401(k) fees could
result in more information and more investment choices for workers but
also more uncertainty.
A modest price war among some ETFs focused on emerging
markets is making the arena more affordable for investors.
Incentive stock options will soon become more attractive for some
executives because of greater tax savings they will offer. Ironically,
higher tax rates next year are the key.
The cost of nursing home care can lead to the "impoverished spouse syndrome," and other relatives can suffer, too, says this advisor.
There's no easy fix to the way the weakening euro is amplifying U.S.
investors' losses in international stocks and mutual funds.
by
Dorothy Hinchcliff
Deerfield Financial Advisors, an Indianapolis-based wealth management
firm, has acquired Bowyer, Weydert Wealth Planning Partners in Park
Ridge, Ill.
The hybrid model-which allows wealth managers to operate as fiduciary
investment advisors and commission-charging brokers-has been gaining
traction over the last decade.
Oil and gas companies on Friday began halting exploratory drilling in
the deepwater of the U.S. Gulf of Mexico following a federal government
order.
The arrest of a "financial advisor to the celebs" on fraud charges is
once again putting the issue of establishing and maintaining client
trust front and center.
by
Dorothy Hinchcliff
Financial advisor Diahann W. Lassus has been awarded the 2010 Robert J.
Underwood Distinguished Service Award from the National Association of
Personal Financial Advisors.
Waddell & Reed Financial Inc., recently in the spotlight for a
possible role in the May 6 "flash crash," now is getting more unwanted
attention.
South Dakota is trying to tighten the reins on its growing business in trusts without stopping that growth.
Advisors are dedicating more time to the spending and savings habits of
clients' children, for parents more worried about the future-both their
own and that of their offspring.
by
Dorothy Hinchcliff
The SEC today charged a New York
City-based financial advisor who has advised celebrity clients including
Wesley Snipes and Sylvestor Stallone with running a multimillion
investment fraud.
More financial advisors are helping clients who want to retire early to
prepare for the high cost of health care during the period before they
turn 65 and become eligible for Medicare.
FInra is seeking to expand its
oversight of securities professionals to back-office workers who provide
sales and trading support and handle investor assets.
by
Dorothy Hinchcliff
Although it was defeated, a shareholder resolution that would have
required ExxonMobil to provide a report on controversial
natural gas drilling got five times the usual amount of support as many...
by
Ray Fazzi
A New Hampshire-based planner has been elected as new chair of the National Association of Personal Financial Advisors (NAPFA).
A closely watched index of stock market volatility
is starting to be used, at least experimentally, as a tool to value
some assets for tax purposes.
