Advisors who sold auction rate securities are finding disclosures on their records in the wake of client complaints after the investments froze in 2008. How much blame should advisors shoulder? And what will be the next product to fail?
Generation x and y kids are not too keen on the big wealth management firms, Sallie Krawcheck said Monday, and that is one of the major challenges the wealth management industry faces over the medium term. The former head of wealth management at...
Despite the compliance hurdles, more than one third of financial advisors see direct handling of clients’ assets by FAs acting as their portfolio managers clearly outpacing other fee-based management styles in the next three years, according to a...
Watch out for high-profile clients. If you make any missteps and they decide to wield their influence, it could really hurt. One financial advisor's tale.
Dallas: “I’ve read your book Elite Teams and thought it was full of useful information,” said Tim in a very complimentary tone. He then followed with his question, “I understand the importance of holding an annual retreat, but I’ve never held one...
Internal Revenue Service extends filing and payment deadlines for estates of decedents dying in 2010 In Notice 2011-76 (Notice), the IRS provided relief for the estates of decedents dying in 2010 (2010 estates). The filing deadline for the Form...
