Can an Algorithm Assess Investors’ Complex Financial Needs?
“The future of financial advice is bionic,” CEO David Siegel of Investopedia said.
How to Navigate ‘Unprecedented’ Uncertainty on Tax Reform
“Not a foregone conclusion” that estate tax will be repealed under Trump, says Brown Brothers Harriman analyst Adrienne Penta, but some shifts might make sense.
Year-End Tax Planning More Urgent as GOP Policy Changes Loom
Since tax policy is likely to change soon in big ways, here are some suggestions for financial advisors working with wealthy clients.
Betterment Signs Up 300-Plus Retirement Plan Clients in 2016
Benefiting from the DOL rule, Betterment for Business is reaching out to midsize firms in high tech and other emerging fields.
Sterne Agee Buyer Aims to Boost Midmarket Clearing, Custody Business
INTL FCStone Financial is rolling out services for international clients and customers who want to trade overseas.
How Wealthy Americans Spend Their Money in These 14 Categories
A Spectrem study finds some spend more than $100,000 on everyday and luxury items.
FINRA Fines VALIC $1.75M Over Comp Policies, VA Sales
For three years, reps had incentives to move assets into proprietary products and were not adequately supervised, the regulator says.
U.S. Philanthropy Becoming Increasingly ‘Top-Heavy’: Report
Growing inequity in giving poses risks for both charities and the public, according to the Institute for Policy Studies.
Muni Bonds Face Hit From Trump Tax Plan, Unfunded Liabilities
Trump’s plans to reduce tax rates coupled with growing unfunded pension liabilities spell potential problems for the muni market.
Fine Jewelry Appreciates in Value — and Risk
For wealthy clients, precious jewelry is primarily an emotional investment, but lately, fine gemstones are being cherished for another reason: skyrocketing value.