Real estate has been the fastest appreciating investment for many people during the past several years. With interest rates rising, however, recently there has been a softening of the real estate market in many parts of the country. Some...
There are many strategies that a professional advisor can use to help clients exit from planned gifts. All require a clear understanding of the partial interest rule. PARTIAL INTEREST The general rule is that a gift of a partial interest is not...
As Election Day 2006 approaches, state politicians increasingly set their sights on a familiar political enemy: taxes. While all taxes make popular targets, this year state estate taxes are attracting heightened attention. In her state-of-the...
Howard Schnoll and Richard Schilffarth joined RBC Dain Rauscher's Milwaukee office, and have brought more than $4 billion in assets under management with them. The team, which includes six additional members, recently departed from Milwaukee-based...
Morgan Stanley has officially opted to join the inter-brokerage pact, first created in the fall of 2004, which stipulates that members will not sue brokers departing to other firms
Some advisors have long ignored parts of ERISA when consulting participants of 401(k) plans. Now they don't have to. Still, the Street is confused over what the new pension laws really mean when it comes to reirement advice
If you're thinking of steering your clients into life-cycle funds, be sure to kick the tires first. With more and more asset managers rolling out life-cycle funds — funds pegged to an investor's specific retirement year or based on a risk...
In the Name of Love: Shane Selewach, a registered rep at the Hyannis, Mass., branch of Ameriprise Financial Services from 1997 to April 2006, was accused in late August in a complaint by William Galvin, Secretary of the Commonwealth of...
