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The Dallas Cowboys filed a lawsuit seeking $7.3 million in damages from Dawn Bennett, the CEO and founder of Bennett Group Financial Services, for allegedly not paying a $500,000 annual lease fee for her end-zone suite at AT&T Stadium. Bennett to...
• Recapitalization of family company caused taxable gift under IRC Section 2701—In Chief Counsel Advice 201442053, the Internal Revenue Service ruled that Internal Revenue Code Section 2701 applied to a recapitalization of a family...
Six in 10 U.S. financial advisors say the majority of their clients are either in or nearing retirement, according to Russell Investments' latest Financial Professional Outlook survey. And that number is bound to increase with the aging Baby Boom...
Nov 18 (Reuters) - Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security...
RCS Capital (RCAP) CEO Michael Weil is putting his money where his mouth is. Weil purchased 20,550 shares—worth about $250,000—of the company's stock on Tuesday, according to a Securities and Exchange Commission filing. Shortly after, CFO Brian J...
Former hedge fund manager Steven Cohen boosted his firm’s stake in RCS Capital (RCAP) to 5 percent, according to a Securities and Exchange Commission filing. Cohen’s firm, which was recently renamed Point72 Asset Management and converted to a fam...
Bill Gross | Photo by Jim Tweedie
How much did Bill Gross make last year? Bloomberg View asks and answers, and the number is astronomical. To compare, Gross' $290 million 2013 year-end bonus is nearly as much as the next 20 publicly held fin...
If it seems like every financial advisor is talking about October's spike in market volatility, it’s because they are.
According to the latest Financial Professional Outlook, Russell Investments’ quarterly survey of financial advisors, market vo...