IRS’ Top 10 Richest Nonprofit Charities
More than 315,000 nonprofit charities reported nearly $2.5 trillion in assets for tax year 2008, according to the IRS, with universities and large hospitals dominating the top 10.
SEC Names Bowden Deputy Director of Exam Division
The SEC announced Wednesday that Andrew J. Bowden has been named deputy director of the agency’s Office of Compliance Inspections and Examinations (OCIE).
Advisors’ Mistakes on Social Security Advice Hurt Widows
A new study finds advisors tend to overlook the complex interactions of retirement, spousal and survivor benefits. The result is especially detrimental to widows, says Andrew Biggs of the American Enterprise Institute.
Olivia Mitchell, Kent Smetters, Others Reveal Holes in Retirement Advice
Surveys show millions of people want to discuss retirement with a professional advisor. But a forthcoming book edited by Olivia Mitchell and Kent Smetters points to barriers to advice in the retirement marketplace.
Wharton and IPI Formalize Network to Educate Wealthy Investors
The new Wharton IPI Private Wealth Network will officially launch with the first in a series of dinner meetings on Oct. 4 at the Penn Club in New York, IPI founder Charlotte Beyer said.
SEC’s Rominger, Director of Investment Management, to Retire in July
“Eileen understood the importance of a fair and efficient investment management industry to the well-being of investors everywhere. Her practical insights and steady leadership served investors well,” said SEC Chairwoman Mary Schapiro.
Dr. Kent Smetters: The 2012 IA 25 Extended Profile
A good argument could be made for excluding Wharton professor Kent Smetters from the IA 25.
Six Conversations With Clients You Need to Have
To be a successful financial advisor, you must have the diagnostic acuity of a physician, the perspicacity of an investigative reporter, the problem-solving skills of a psychologist — and, oh yes, the expertise to recommend appropriate investments.
What Do Women Earn as Brokers? A Lot Less Than Men Do
The difference in wages for men and women selling securities, except for a few fluctuations, remains stubbornly high over the past 30 years, research shows.
A Strategy for Affording College
Faced with massive budget deficits, state legislators across the country are looking to chop college education funding to fill the gaps.