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Most millennials incorrectly assume they’ll never accumulate $1 million over the course of their lifetime, according to the Wells Fargo Millennial study conducted by GfK, released Wednesday. Sixty-four percent of millennials...
Financial advisors are reassessing their businesses for a number of reasons: the aging bull market and the Department of Labor’s new fiduciary rule are among major concerns. However, advancements in technology and increasing competitive...
Richard Salmen
The CFP Board has elected Richard Salmen, CEO of Northern Financial Advisors in Michigan, to serve as 2017 chair-elect. Blaine Aikin, CEO of fi360, is the current chair-elect who will serve as chair of the board in 2017; Salmen ...
(Bloomberg View) -- Who does a better job of managing money, Republicans or Democrats? Thanks to a new study, we finally have at least a partial answer...
Big U.S. brokerages are redefining the term "wealthy" in their pursuit of ever-richer clients to prop up margins eroded by historically low interest rates and growing regulatory burdens...
• On remand, Tax Court reduces value of partnership interest—In Estate of Natale B. Giustina v. Commissioner, T.C. Memo. 2016-114 (June 13, 2016), the Tax Court reviewed its earlier decision from 2011 regarding the value of a 41.128...
Bloomberg) -- Many who follow the depredations of large corporations share a feeling that U.S. criminal law and its enforcers too often fail to hold these institutions accountable. Writers ranging from U.S. District Judge Jed Rakoff in New...