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Wealthspire Names Head Of Family Office Services

by PW Staff

Heather Flanagan has joined Wealthspire from Rockefeller Capital Management.

Gundlach Moves $134 Billion DoubleLine Unit To Tax-Free Florida

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The billionaire fund manager has long complained about taxes and quality of life in California.

Shale King Harold Hamm Is Passing Billions To His Heirs Tax-Free

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Hamm used an LLC and more than a dozen different trusts to complete the transfers.

A Meteorite Auction Takes Off, Thanks To Crypto

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Newly wealthy, crypto-rich collectors are driving meteorite auction sales.

Family Offices Say Disclosure Plan Invites Theft, Kidnapping

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Proposed rules would require family offices to disclose the names and addresses of shareholders.

UBS Sees Wealthy Investors Stockpile Cash Before Fed Rate Hikes

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Investors are still on edge about how quickly central banks will tighten monetary policy.

Sky-High Markets New Risk To Billionaires Beyond Death, Divorce

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It's now becoming almost routine for billionaires to see one-day 11-digit moves in their wealth.

Billionaire Robert Brockman Is Still Hiding Assets In Tax-Evasion Case, U.S. Says

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The software mogul is using tax havens and property transfers to family, said the Justice Department.

Tax On The Rich Could Pay For Global Vaccinations, Study Says

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An analysis of 66 countries showed how the pandemic laid bare global wealth inequality.

Wealthy Teens Tout Test Results Colleges No Longer Require

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Rich college applicants submit test scores at a higher rate, though the scores are often optional.

Tax Breaks For Crypto Millionaires Stir Outrage In Puerto Rico

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The island's natives are upset about a law that allows wealthy newcomers to pay zero capital gains taxes.

World's Biggest Crypto Fortune Began With A Friendly Poker Game

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Binance's success underscores the vast riches being created in the unshackled cryptoverse.

Tax Season Opens Jan. 24. Treasury Says Be Ready For Frustration

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Funding cuts and staffing shortages due to the ongoing health crisis are causing the problems, Treasury officials said.

Billionaire's Wife Sues N.Y. Law Firm Over Hate-Mail Claim

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The escalating legal fight pits two prominent supporters of former President Donald Trump against each other.

Zero Taxes, Golf And Beach Houses Create A Crypto Island Paradise

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Tax benefits attract a burgeoning crypto community to Puerto Rico's north shore.

Rich Americans Cut Tax Bills With Money-Losing Bonds

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Advisors and their clients are turning to bonds instead of equities for tax-loss harvesting.

Rich Americans Find Tax Gap Hard To Ignore With SALT Debate Raging

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Academic research has found taxes have historically had little impact on where people live.

SALT Deal Eludes Democrats As Millionaires Cut From Tax Break

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An agreement has emerged to exclude millionaires from expanded state and local tax deductions.

Buffett Signals Caution With Berkshire On Stock-Selling Streak

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Berkshire's sales appear to have largely come from cutting holdings in banks, insurance and financial investments.

Tax Tactic Of The Ultra-Wealthy: Split The Masterpiece In Two

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Lawyers say they are getting requests from art collectors to find strategies to shield wealth.

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