Art an Asset Class? Wealth Managers, Collectors Say Yes
The global wealth management industry may be starting to adopt a strategic view on art as an asset class, says new report from Deloitte.
6 Reasons Advisors Can’t Afford to Ignore Clients’ Philanthropy
Chicago-based philanthropic consultant Ken Nopar talks to ThinkAdvisor about how helping clients help others can help an advisor’s bottom line.
IRS Warns of FATCA Phishing Scams
Scam artists posing as the IRS have fraudulently solicited account holder identity and financial account information.
12 Hottest U.S. Cities for Millionaires
Here are the cities with the fastest growing populations of high-net-worth residents. Some of them may surprise you.
What You Can and Can’t Do About the Coming Market Crash
Toqueville Asset Management’s Francois Sicart reviews three disaster theories and offers an investment strategy for our times.
Wealth Protection a Growing Priority for Investors: Lincoln Financial
After the last few years of unpredictable financial markets, 58% of respondents in a Lincoln Financial Group study are reporting a strong need for wealth protection.
Treasury, IRS Issue New Guidance to Curb Corporate Tax Inversions
The Treasury Department and IRS issued guidance late Monday to reduce the tax benefits of corporate inversions.
Global Billionaire Population at Record, With $7.3 Trillion in Wealth
Billionaires make up 1% of the world’s ultra-high-net-worth population, according to the Wealth-X and UBS Billionaire Census, yet they control 4% of wealth.
FINRA’s Big-Brokerage Loyalty Revealed in New Bonus Plan: Lawyer
The proposal, which curtails mandatory disclosures, should "leave no doubt" where FINRA’s loyalties lie, lawyer Patrick Burns says; recruiter Jon Henschen argues disclosure is pointless.
IRS Finally Answers After-Tax IRA Rollover Question
Can after-tax money in 401(k)s be converted to a Roth IRA tax-free? The IRS has the answer in a just-published guide.