Tax Loss Harvesting
Top strategies and rules that advisors can consider when using tax loss harvesting to reduce tax liabilities of client portfolios.
Nightly glass of wine may protect boomer women’s bones (NPR)
By Staff WriterResearchers found that about one drink a day slowed down the rate of bone turnover, which could protect against fractures over time.
June 18, 2012
JPMorgan Sued for Investor FraudThe class action lawsuit was filed against JPMorgan Chase relating to losses in speculative trading by its London-based investment team.
June 07, 2012
Regulator: JPMorgan Had ‘Inadequate’ Risk ControlsU.S. Comptroller of the Currency Thomas Curry said the agency is conducting an extensive review that will focus on where breakdowns or failures occurred.
June 04, 2012
Societe Generale Rogue Trader Begins Appeal Hearing (BBC)Societe Generale trader Jerome Kerviel begins his appeal of a forgery and breach of trust conviction he received after he lost 4.9 billion euros in 2008.
June 04, 2012
Oversight of J.P. Morgan Probed (Wall Street Journal)Practices and procedures of the federal agency overseeing J.P. Morgan have come under question after the bank's $2 billion loss last month.
June 01, 2012
Facebook IPO: Cautionary Tale for Individual Investors (USA Today)After one week of trading, Facebook stock closed over 20% below its offering price. Shares have been hurt by trading glitches, complaints of too many shares offered at too high a price, and lawsuits alleging underwriters failed to share lowered earnings forecasts.
May 31, 2012
Dimon’s Free PR LessonThis is a country that loves a good fall from grace. I am willing to bet that there is more schadenfreude in a Los Angeles or New York block than there is among all of our Teutonic brothers across the Atlantic; the only difference is that they acknowledge it with...
May 19, 2012
The Proper Path to Integrated Wealth Management, Pt. 2: High-End Tax PlanningHigh-end tax planning is much more than a tax-season event. Here's how a multidisciplinary team approach can provide tax benefits to high-net-worth clients 365 days a year.