Being a trustee entails risk of personal liability. Being one of a number of trustees can increase the risk. In the legendary Matter of Rothko,1 a fiduciary that failed to try to prevent his co-fiduciaries from breaching their duties was...

For much of the last decade, the Internal Revenue Service has engaged in a frontal assault on the use of family limited partnerships (FLPs) and other closely held entities for estate-planning purposes. In its pronouncements, audits and litigation...

After weeks of speculation, Morgan Stanley rehired former president John Mack as chairman and chief executive to replace outgoing chief, Philip Purcell.

Location City: Major City Location State: OH Base Salary: $70,000 - $95,000 Bonus & Incentives: Eligible for Annual Bonus Program. Position Responsibilities: Manage a staff and provide technical review and support to Wealth Management Officers and...

Location City: Evansville Location State: IN Base Salary: Commission Position Responsibilities: Major Midwestern Bank seeks Investment professionals to join its expanding team and serve as Senior Financial Advisor to Affluent Wealth clientele...

Locations: Chicago , New York , Los Angeles , San Francisco , Atlanta , Boston , Miami , Houston Base Salary: $ 60,000 - $ 80,000 Bonus & Incentive:Basis point fee on assets under management Employer: Zacks Investment Management , a well known...

Location City: Chicago Location State: IL Base Salary: 70-000-120,000, DOE Position Responsibilities: Work in a team environment to generate and expand private banking relationships with this top tier bank. This Vice President position is part of...

John Mack, the rumored favorite of Morgan Stanley's board for the CEO slot, could be a blessing for the firm's retail brokers if he gets the job. And that's looking more and more likely, with news reports citing sources close to the talks. Though...

The recently announced asset swap between Citigroup and Legg Mason could be a sign that the financial supermarket of yore is on its way out, to wit: the separation of asset management and distribution. It was once the goal of Wall Street to...

Online brokerage Ameritrade announced Wednesday it would acquire rival TD Waterhouse rather than accept a takeover offer from E*Trade. Ameritrade said the move would allow it to diversify away from the struggling online trading business and into...