Why consider looking for forms on the Web? There are numerous websites with trusts-and estates-related drafting forms and drafting advice, both for free and for a fee. You should, of course, shop for such forms with the same care you apply to...
Financial-advisory businesses have been growing at a breakneck pace for the past five years. But suddenly, they’re having a much harder time managing that growth, according to a recent study released by Moss Adams. In 2005, the annual median...
Three foreign firms plan to make their final bids for Putnam Investments ahead of the Thanksgiving holiday, The Wall Street Journal reports, citing people familiar with the bidding process. The trio includes U.K. asset manager Amvescap, parent of...
In a move that has long been speculated about, Charles Schwab announced Monday that it had agreed to sell its private banking arm, U.S. Trust, to Bank of America for $3.3 billion. In a research report, Wachovia analysts said the deal will give...
The “risk-assessment unit” of New York Stock Exchange Regulation issued a memo today to remind member organizations of their duty not to screw clients out of hard-earned 401(k) money.
If individual investors could manage money like Bill Miller, they could all sleep better knowing that their twilight years would be spent in hammocks beneath palm trees in tropical locales. Unfortunately, the famed fund skipper’s genius hasn...