Each of us has been helped in numerous ways by those who came before us. We, in turn, each have a responsibility for the next...
SEC Furthers Strides Toward Global Accounting Standard
Furthering its efforts to establish a global accounting standard, the SEC plans to issue a proposed rule this summer allowing foreign private issuers to choose...
Many years ago, an attorney proposed what is perhaps the most succinct understanding of the term fiduciary that I have ever encountered. He said, simply,...
Young people are not saving for their future. Drs. Christopher Thornberg and Jon Haveman of Beacon Economics, based in Los Angeles, released a study in...
Many major organizations around the country are creating Next Generation groups. They all have one common theme: to educate the next generation and give them...
The Outer Limits
In every human endeavor, there are a few pioneers who expand the fields of possibility-- brave test pilots who fly off into the wild blue...
THE GLUCK REPORT, Part I: Why Investing Costs Matter
In covering personal finance for the last 22 years, I've met lots of financial advisors, but one of my all-time favorites is Tom Connelly. A...
FASB Issues Proposal on Fair Value Measurements
The Financial Accounting Standards Board has issued a proposed statement, Fair Value Measurements, which would provide guidance for how to measure fair value. The proposed statement seeks to establish a framework that would improve the consistency, comparability and reliability of fair value measurements and would apply broadly to financial and...
FORMULAS FOR SUCCESS- Not Your Father's Bean Counters
It's no secret among independent financial advisors that accounting firms--a traditional source of client referrals--have been steadily making inroads into the advice business themselves. The...
Investment Advisor Speaker of the Month
Ed Slott on IRAs at the AICPA Estate Planning Conference