Help is available.​ Envestnet is the latest firm to create tools to help advisors comply with the Department of Labor’s fiduciary rule, which takes effect next April. The firm’s tools include a best interest assessment, which is integrated cli...

(Bloomberg) -- Philip Moeller is that rare person who gets two streams of income from Social Security. Like millions of other older Americans, he gets a monthly benefit. But he also gets an additional income stream from the unlikely...

(Bloomberg) -- The new mobile app "Wine Ring" sounds great: With the help of secret, patented algorithms, it can predict whether or not I’ll like a wine before I buy it...

(Bloomberg Gadfly) -- The profession of providing tender loving care to the wealth of the world's rich people is heading for its annus horribilis. Private bankers in Asia could deal with 2017 -- and the headaches the year will bring -- by...

On Sept. 8, 2016, the estate tax celebrated its 100th birthday. Over the past century, practitioners, lawyers and even laypersons have voiced their opinions on whether the estate tax should be retained or repealed...

The presidential candidate may be scheming the IRS

(Bloomberg) -- Eric Clapton will sell a Gerhard Richter painting valued at about $20 million in an auction that will test the market for the German artist’s work -- and show the musician’s prowess as a collector. The canvas, titled “Abstraktes...

According to a new analysis by the Tax Policy Center (TPC), the top 1 percent of Americans get 27 percent of the tax breaks doled out by the federal government.

The global ultra high net worth population experienced flat growth in the past year, but there are seismic changes occurring beneath the surface.