A recent clarification from the Internal Revenue Service could change the way clients fund their individual retirement accounts and may eventually cut into a rep's IRA-related fees. In a recently released response to a financial firm's inquiry ...
When qualified college savings accounts burst on the scene in the late 1990s, the initial growth exceeded most expectations. Assets in state-sponsored plans continue to soar rising 49 percent last year, according to the Financial Research Corp. At...
If you're a fiduciary and don't want to get sued and fined pay close attention to litigation expert Dominic J. Campisi. Campisi, a partner in the San Francisco law firm of Evans Latham and Campisi, has been defending fiduciaries for about three...
Mr. Whimsy feels he has theworld's best job to doHe thinks up rhymes and stories,then shares them all with you. He loves to open up his mind,see what flies in and out.His thoughts and dreams are alwayskind, for that's what he's about. He roams the...
Finding a good plan administrator for a small-business 401(k) program is a process fraught with peril. Putting clients in a plan with limited portfolio choices, poor customer service and high fees could lead to early retirement of the financial...
Wealthy clients weigh a lot of factors when choosing a financial advisor cost of services is one of them, but it is far from the most important. Indeed, according to our research, low-cost provider considerations are rarely a decisive part of a...
When the Wall Street research scandal drew to its close last July as the SEC exacted a global settlement from the top investment banks many reps wondered how it would change their lives. In addition to coughing up a total of $875 million in fines...
UBS has brought in two top-producing advisors. David Kinnear left Morgan Stanley's private wealth group to join Frank Maroni's office in Chicago. Kinnear is said to manage more than $140 million. Also, UBS scooped up Tom Hulick from Bank of...
A recent New York magazine article declared 2005 a golden age for video games, and anyone who has played Resident Evil 4, Madden NFL 2005 or Grand Theft Auto: San Andreas can agree. What remains to be seen is whether this golden age extends to the...
The process of deciding to change firms often hinges on concrete comparisons of compensation, of working conditions, of relations with management. But other, less tangible factors come into play as well. Here are four questions that get to the...
