Facing the down market and the prospect of brokers fleeing the firm, Morgan Stanley has relaxed the higher production quotas it put in place late last year. In an April announcement via a conference call, the firm gave reps with eight or fewer...
First Union Securities reps are enjoying an enhanced deferred compensation plan. The revamped program has been in place since Jan. 1, according to brokers. The firm changed its plan from an interest-bearing arrangement to one with a mix of 25 to...
The market environment is a huge opportunity for all of us. Let's meet this adversity head on. Another bear market? So what? We knew it was coming at some point, right? So why the bellyaching? Sure, it is painful to listen to the so-called gurus...
Motivated by her strong charitable drive and her inner athlete, Dorothy Lewis participated in Odyssey 2000 World Cycling Tour, a year-long, fund-raising bicycle trek that covered 44 countries and 20,000 miles. Lewis, who runs Financial Insights, a...
Money is a family resource, according to financial planner Carol Akright, CFP. And in her book, Funding Your Dreams Generation to Generation, she tells how to use it to fulfill the desires of grandparents, parents and children alike. The book...
Estate Tax Phase-Out 2002-2010 Year Wealth Exemption Highest Tax Rates 2002 $1 million 50% 2003 $1 million 49% 2004 $1.5 million 48% 2005 $1.5 million 47% 2006 $2 million 46% 2007 $2 million 45% 2008 $2 million 45% 2009 $3.5 million 45% 2010 NA ...
Estate Tax Proponent Watchdog Group Calls Repeal Only "Symbolic Victory" The tax bill Congress passed and the the President signed will have only a symbolic victory with regard to repealing the estate tax. Because Congress was limited to a $1.35...
