The Expat Life: Helping Clients Retire Overseas
The trend of Americans retiring in foreign countries to live more comfortably opens a new frontier for advisors.
Post Office Proposes to Offer ‘Financial Services’
The Postal Service says it has assets to serve the underbanked, boost its own money-losing operations and benefit banks through partnerships.
3 Ways to Guard Against Tax Fraud
Tax season starts Friday, and scammers are ready to take advantage of consumers with taxes on their minds.
SEC, FINRA Enforcement: Swiss-Based Firm Bilks U.S. Investors of $11M
Meanwhile, FINRA fined Deutsche Bank Securities for deficiencies in its lending program while Argentus Securities was censured and fined on AML failures.
SEC, FINRA Enforcement: Muni Firm Fined Over Sports Ticket Gifting
Meanwhile, FINRA censured and fined Wells Fargo Advisors over undetected unauthorized fund transfers, and the SEC froze assets in an oil and gas scheme.
SEC, FINRA Enforcement: Texas Couple Busted in Green Card Investment Scam
Among other actions, the SEC charged a woman in a bail-bond scheme and froze assets in a bill-collection scam to pay alimony and child support.
Preparing Your Clients for the Digital Afterlife
Estate planners have started to see more clients’ digital assets outlive them, and they’re now tasked with helping families manage that digital legacy.
8 Back-to-School Planning Tips for Advisors (and Their Clients)
A chance for advisors to connect with the next generation...
401(k) Trustee Matthew Hutcheson Sentenced to 17 ½ Years
The Idaho-based trustee and fiduciary was also ordered to pay his victims $5.3 million in restitution.
Expat Americans, Foreign Banks Heave Under IRS Pressure
FATCA, newly delayed until July 2014, will require foreign financial institutions to report on U.S. citizens’ holdings or pay a steep withholding tax.