KATHERINE LINTZfounder and partner Firm: Financial Management Partners Age: 57 Years in biz: 33 AUM: $1.4 billion Designations, licenses: CFP The staff of 21 at Financial Management Partners, a multi-family office in Clayton, Mo., with $1.4...
ANNE B. SHUMADINEfounder and Chairman Firm: Signature Financial Management Age: 68 Years in biz: 17 AUM: over $2 billion Designations, licenses: J.D., Series 65 In the early 1990s, Anne B. Shumadine was working as a tax lawyer in the Norfolk, Va....
James Baber IV has joined the Richmond, Va. office of Janney Montgomery Scott, bringing over $60 million in client assets from Scott & Stringfellow. The broker/dealer also recently expanded its private client group, adding retail offices in...
Financial advisors have too many small accounts, data aggregator PriceMetrix says. More than half of the households in the 15,000 books of business it surveyed had assets of less than $100,000. One problem that emerged from the trend, according to...
A freeze transaction is an estate-planning technique that uses the interplay of the differing financial and valuation characteristics of preferred equity and common equity securities to transfer assets from one generation to another while...
For estate tax purposes, Internal Revenue Code Section 2036(a) includes in a decedent's gross estate the value of certain property transferred during life.1 IRC Section 2036 generally applies when a taxpayer retains rights to the property...
During the past 10 years, worldwide capital markets have undergone structural transformations that have fundamentally changed the manner in which exchanges, brokers, dealers and investors conduct transactions in publicly traded securities. New...
