Retirees Suffer as 401(k) Rollover Boom Enriches Brokers
A three-month Bloomberg investigation found that former employees at major companies say sales reps lured them into rolling their 401(k)s into unsuitable investments.
New Hire Roundup: Ex-NFL Quarterback Joins Lourd Capital Management
This week in new hires, Lourd Capital Management welcomed former NFL quarterback Cade McNown as vice president, and Christine Walker went to Drexel Morgan Capital Advisers.
Real Estate and Taxes: Benefits, and Limitations, of Investment
The experts at Tax Facts Online look at the tax implications of real estate ownership.
Gas and Cigarettes: The Tax Sticks That Keep On Hittin’
A look at how federal and state taxes hit car owners and smokers: are they meant to change behavior or just raise revenue?
Taxation of Real Estate
Real estate may be used to shelter income and may offer certain tax benefits. However, the type of real estate investment may result in different tax treatment. Learn how to use these investments to help your clients.
New Hire Roundup: Caiazzo Chairs SIFMA’s Clearing Firms Committee
Christian Sulger-Büel became managing director of FOX International, and Bill Mitchell was named senior portfolio manager at WHM Capital Advisors.
SEC Enforcement Roundup: Former Morgan Stanley Exec Charged; Mother-Daughter Scam
Recent enforcement actions by the SEC include charges against a former Morgan Stanley executive for violation of the Foreign Corrupt Practices Act and a mother and daughter and their attorney in a penny stock scheme.
Risk on the Rise: Yield Chasers Rush Into Alternatives
Correlation, coupled with the U.S. bond market’s zero-yield environment, has driven advisors into riskier alternative investing.
New Hire Roundup: Dowling & Yahnke Advance 4; Key Private Bank Launches Delaware Trust
Among the hiring action this week: Dowling & Yahnke announced four promotions; Key Private Bank launched a Delaware trust company; Patrick Goshtigian joined EP Wealth Advisors; Jane Bachmann and Eugene Miller went to Citi Private Bank.
Making the Case for Equity REITs
We believe equity REITs should be part of a long-term investment strategy based on diversification, yield, inflation protection, improving fundamentals and strong corporate governance.