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What is one glaring fact staring us in the face right now? The financial advisory market is in the biggest state of flux in decades. That has caused many advisors to leave the industry, change firms or become consolidated into other organizations...

You have two candles. Each candle takes 60 minutes to burn completely. There's one complication: the candles are not uniform and cannot be assumed to burn evenly. Using these two candles and nothing else, how would you time exactly 45 minutes...

Icon’s estate comes out slugging in fight against potential infringers

The Tax Court holds an individual taxpayer liable for a deficiency resulting from overstating the value of a conservation easement

As Wells Fargo begins its summer-long re-branding of Wachovia and A.G. Edwards, some financial advisors at what is now the largest retail brokerage firm in the U.S.—16,000 FAs—say the integration of the Wachovia and A.G. Edwards is...

It’s more than trust accounting. It’s also – a wealth management tool for trust and investment management

Morgan Stanley is aggressively dressing itself up to exit TARP. The firm raised $8 billion in new capital on Friday through the sale of debt and equity, over 50 percent more than it announced on Thursday. The funds will cover an $1.8 billion...

UBS' first-quarter stunk, as expected. Meanwhile, its U.S. retail business gathered billions in new client assets, but still lost money.

The Internal Revenue Service has appealed Christiansen an important legal victory for taxpayers trying to do charitable lid planning. Just-filed briefs give a glimpse of both sides' arguments. Christiansen v. Commissioner, 2009 WL 789131, case...