Schwab Advisor Services is once again accepting custody of new
alternative investments such as shares in hedge funds and private
equity.
The recent SEC complaint against Goldman Sachs Group Inc. has
brought newfound attention to the "fiduciary standard."
The affluent are buying more long-term care insurance, but it's not for themselves. It's for their parents.
Estate-tax questions are mounting along with the ranks of very wealthy
people who have died in 2010 during the one-year gap in the federal
tax.
The new director of the SEC's
Office of Compliance Inspections and Examinations says the agency has
ushered in a "new day and a new regulatory approach."
Goldman Sachs Group Inc.'s new legal troubles could be a boon for
some wealth managers, particularly independent and smaller firms.
by
Karen DeMasters
A new survey says young people don't know how to start saving for retirement and older people think they should have started saving much sooner.
Advisors are finding that clients anxious to take advantage of loosened
rules on Roth IRAs aren't anticipating a possible consequence-losing
financial aid for their college-age children.
Mutual funds may need to come with a blunt warning label just like a pack of Lucky Strikes.
An enforcement case against a small brokerage in upstate New York shows
that fraud may lurk not only on Wall Street, but also off the beaten
track.
One winner in the movement of brokers away from the traditional large
wirehouses and toward regional and independent firms has been
Ameriprise Financial.
Estate tax audits by the Internal Revenue Service are as aggressive as
ever, and maybe even more so, despite the uncertain fate of the federal
tax on estates of the wealthy.
by Bruce W. Fraser
Water sustainability is likely to be a mainstream
issue this year for investors as growing pressures combine to force investments in
water infrastructure and technology.
by
Ray Fazzi
Dow Jones is offering advisors an information and data service that they can access on the fly.
A former Merrill Lynch broker accused of stealing a
$780,000 signing bonus highlights how little brokerages and other
investment firms may know about certain job candidates they're recruiting.
by
Jeff Schlegel
Nobel Laureate William Sharpe believes the 4% rule for withdrawal rates might be harmful to a portfolio's health.
by
Ray Fazzi
The Securities and Exchange Commission has charged a California man with
running a fraudulent investment operation that raised $3 million from
the public.
Charles Schwab Corp.'s first-quarter profit plunged by nearly a half
from a year ago, due to low interest rates and a drop in trading revenue at the discount brokerage.
Bond fund giant Pimco took a giant step in its evolution Wednesday with
the launch of its first actively managed stock mutual fund.
A former broker for Morgan Stanley & Co. must pay $1.6 million to
the firm in a case involving a signing bonus he received when he joined
in 2006.
