Who says financial advisors can't get down? About 50 advisors and their spouses were brave enough to cut a rug at Olympic Cauldron Park at the Raymond James Financial Services conference in Salt Lake City, although we're not sure we want to see...
SALT LAKE CITY Brokerage firm executives aren't generally known for their glowing adoration for regulators and their proposals, but Dick Averitt of Raymond James Financial Services had some particularly harsh words for the NASD. At the firm's...
Is a 61 percent decrease in profits from one year to the next a reversion to the mean or an ominous sign of cloudy skies ahead? This is a question the soggy middle of 2004 has raised for some reps. Profits for brokerage firms dropped 61.2 percent...
Estate planners live in uncertainty. Historically, the strongest selling point for their services has been helping clients minimize estate taxes. But with increases in the estate tax exemption and the possible outright repeal of the estate tax...
The July 12 decision in Senda v. Commissioner1 is another prime example of how taxpayer abuses lead to Internal Revenue Service victories. Certainly, the recent string of formidable IRS wins concerning Internal Revenue Code Sections 2036 and 2503...
For family-owned businesses, making sure that the company stays in family hands usually is of paramount importance. Indeed, in a recent survey, most family business owners cite control and autonomy as their main reasons for starting a business in...
Sophisticated estate plans generally include certain types of family entities, such as family limited partnerships (FLPs), family trusts or combinations of the two. Often, a senior family member creates these types of structures in the hope that...
Intensifying the spotlight on charities, the Internal Revenue Service announced Aug. 10 that it intends to scrutinize executive compensation at some 2,000 charities and foundations. Earlier this summer, the IRS made inquiries of, or sent letters...
