No Taxation With Diversification
An exchange fund—a.k.a, a stock swap fund—can help clients diversify out of their concentrated holdings without the immediate tax hit.
Ultra-Wealthy Buy Luxury Homes for Diversification, Foreign Citizenship
Ultra-wealthy individuals globally are increasingly confident in real estate purchases, Wealth-X and Sotheby’s reported.
DOL Fiduciary Proposal Must Be Broader: Bobby Monks
“Broken” U.S. financial system filled with intermediaries whose fees leave investors poorer.
10 Wealthiest Couples in the World
Wealth-X reports wealth of six on list is self-made, and of four inherited
Bronfman E.L. Rothschild, Highline Wealth Form $3.6B Firm
Neal Simon, Highline's founder, will be CEO of the combined RIA group.
Advisors Must Use a 'Gender Lens' to Better Serve Women Clients
The founder of Wealthrive says advisors must approach women's financial needs in a more nuanced manner if they expect to adequately serve them.
African-Americans Say They're Savers, Not Investors
New research by Prudential showed that African-Americans were financially confident overall but faced some gaps in retirement planning.
Is the Stand-Alone HRA Making a Comeback?
Stand-alone health reimbursement arrangements have been a casualty of the Affordable Care Act, but proposed legislation could allow some small businesses to keep using them.
Why Do Wealthy Parents Have Wealthy Kids?
An NBER study discovers that wealthy parents have wealthy children, even when those kids are adopted.
Valeant Tells Congress a Different Tax Tale Than Investors
The U.S. Senate Permanent Subcommittee on Investigations held its first hearing under new leadership on Thursday with a dive into the U.S. corporate tax code.