In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
The Financial Planning Association has appointed Paul Auslander as its 2011 president-elect, succeeding 2011 President Martin Kurtz. Auslander, who will start Jan. 1, 2012, is chairman and CEO of American Financial Advisors and a registered...
If you're an estate planner, you're probably not an expert in securities laws. But you may have clients who are of publicly held companies or who own restricted securities and these clients may be subject to federal securities laws and have...
Over the last decade, trust law has undergone a transformative evolution. It's becoming commonplace for trust settlors to design so-called directed trusts and to transfer existing trusts to new jurisdictions to become modified as directed trusts...
Last year, a ruling by the Indiana Court of Appeals, In Re Stuart Cochran Irrevocable Trust,1 sent a shot-across-the-bow warning to trustees trying to navigate the changing irrevocable life insurance trust (ILIT) environment. In ruling for the...
Most family business succession studies focus narrowly on the succession event itself or on some of the changes in leadership and performance that occur soon before or after the succession event. Much less common, however, is a study that provides...
Merrill Edge is a serious challenge to the online brokerage powerhouses such as Charles Schwab and Fidelity Investments, as well as to independent and regional broker dealers, according to a new report from Aite Group. The report also suggests...
Five months after Bank of America sold it off to private equity firms, First Republic Bank announced today that it plans to go public. The firm plans to raise $285.1 million, and will sell 11 million shares of common stock at an estimated price...
