Buffett Nears a Milestone He Doesn't Want: $100B in Cash
While that figure highlights the staggering moneymaking ability of the businesses he’s collected over the years, it’s also a burden.
Kestra to Buy H. Beck, Add 600 Reps & Launch Robo
CEO Poer says seller Securian is not exiting the broker-dealer business and will keep ownership of another BD.
Why Advisors Should Guide Clients on Philanthropy, Impact Investing
Advising clients on philanthropic giving and impact investing creates a virtuous circle, SSGA says.
Colleges Feeling the Pressure of High Tuition
But a possible solution under consideration by a national association for private nonprofit schools could reduce financial aid based on merit.
Tax Credit Boost Could Increase Small-Business Retirement Plans: LPL
LPL surveyed 791 small businesses with 25 to 99 employees to find out how to increase access to retirement savings.
Senate Dems Float LGBTQ Tax Rights Bill
The bill removes gender-specific references to marriage in the tax code.
Wells Fargo Says It May Find ‘Significantly’ More Fake Accounts
The bank boosts its estimate of possible legal losses by $1.3 billion and discloses a CFPB probe into freezing of accounts.
Don’t Think Retirement Plans Are Safe From Tax Reform
The tax break on contributions to qualified retirement plans is still an attractive source of revenue to an administration needing a win on tax reform.
Cappex.com Launches Free Multi-College Application Platform
Students can apply to multiple participating colleges at no cost.
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat Up
Fund giant will continue pushing fees down as it grows: “We’re going to do it across every product,” incoming CEO says.