The conventional wisdom on automated investing platforms revolves around getting an advisor's hooks into millennials, the generation that loves technology, distrusts the financial industry, and has accounts too small to advise efficiently without...
The new standard for advisors to retirement accounts will have dramatic consequences for advisors, not least on the initial decision whether to roll over a 401(k) plan into an IRA.
Leo Kelly, founder, CEO and Managing Partner of Kelly Wealth Management at Hightower, discusses the myths, realities and issues that arise in the new HBO show, "Ballers."
Following the July 21 deadline for public comments, the Department of Labor on Thursday night released an additional 250 public comment letters from some of the industry’s largest financial services firms, including Bank of America, Edward...
• Ruling on gift-splitting and generation-skipping transfer (GST) tax allocations—In Private Letter Ruling 201523003 (released June 5, 2015), the taxpayer sought a ruling to clarify the gift tax and GST tax treatment of transfers...
Not for long. | birdigol/iStock/Thinkstock
Robo-advisors are driving down the fees clients pay for asset management, but what if even 25 basis points is too much? What if clients should not be paying anything at all for it? Will Ortel at E...
For firms looking to put recent graduates to work drafting financial plans, would-be advisors say that’s not what they want. Instead, they desire positions with a first-hand view ofhow financial services can help clients...
