During last year’s budget negotiations, President Obama showed willingness to raise the age of eligibility for Medicare a be less generous in keeping Social Security payments in line with inflation. Such is not the case this year. The White House said Obama will not discuss Social Security because he says it does not contribute much to the deficit. Medicare could see some savings by passing on more of the cost to drug companies and by making the wealthy pay more for coverage. Rep. Jack Welch, D-Vermont, says taxes must increase for the wealthy, but savings should come from efficiencies or bigger contributions from the rich recipients, not benefit cuts.
Byron Allen is the group's new vice chair.
The broker had multiple side gigs, according to FINRA.
Overall sales held steady at about $1.2 billion.
Sponsored by Orion Advisor Technology
Financial planning services help advisors differentiate themselves, improve client relationships, drive better outcomes, and more. So why don’t more advisors offer financial planning?
Sponsored by Orion Portfolio Solutions
Learn how to use seven relationship skills to attract, serve, and retain high-net-worth investors.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.