SEC Investor Advisory Committee Approves Fiduciary, User-Fee Plans
Recommendation on how brokers should be put under a fiduciary mandate sailed through the full committee Friday, but members voiced concern about user-fee plan.
Fixing the Student Loan Crisis
I’m lucky. Unlike so many college students, I didn’t take out any student loans.
In Poll, Most Economists Say Bernanke Has Gone Too Far With QE
A majority of economists believe Bernanke will continue with the latest round of quantitative easing through end of his term.
Post-Election Estate Tax Fix?
Tax issues will figure prominently in the goings-on in Washington this presidential election year, with the consensus among tax specialists being that Congress is most likely to address the estate tax when it decides late this year whether to extend the Bush tax cuts.
Planning to Merge Your RIA Firm? 5 Key Questions to Ask Yourself
Here are some key lessons I learned from merging my wealth management firm to form Private Ocean. For one, culture is more important than dollars and cents, but make sure you address these five core issues.
Obama and Buffett Rule Make ‘Good Tax Politics, Not Good Tax Policy,’ Expert Says
A central focus of President Barack Obama’s State of the Union address was economic fairness, and requiring the wealthiest to pay more in taxes, but tax specialists and wealth managers say hiking taxes for the rich will do nothing to fix the tax code.
Advisor: Is Your Congressman on the Payroll Tax Committee?
Congress is gridlocked again, this time on a long-term deal to extend the payroll tax cut. Democrats have already named members to a conference committee formed to end the stalemate. Advisors can do something: Contact Congress now.
Where We’re Headed: T. Rowe Price Looks at 2012 Investment Strategies
'This year has been an exhausting one,' said T. Rowe Price Chairman and CIO Brian Rogers at a media conference on the outlook for 2012. But according to T. Rowe's investing experts, there are glimmers of hope on the horizon for next year.
Pozen Argues for $5T Plan to Cut U.S. Debt: Retirement Income Symposium
Bob Pozen, the chairman emeritus of MFS Investments in Boston, has a long-term plan to cut the enormous U.S. debt, and it involves Social Security, “the only big number that we know how to solve.”
Obama Chides Congress as He Urges Passage of Jobs Act
Signaling his exasperation with a lack of congressional action in aiding the U.S. economy, President Obama gave a strongly delivered speech Thursday that laid out his vision for the American Jobs Act, a $447 billion plan.