A Tax Shelter for the Rich Sports Fan With 500 Hours to Spare

Apr 15, 2016

(Bloomberg) -- Why would anyone spend $24 million to buy a 1 percent stake in the New York Yankees? Minority ownership seems like a lose-lose proposition: A lot of money for very little power. For wealthy sports fans, though, it’s cool ...

What Is ‘Wealthy’ in San Francisco?

Apr 15, 2016

But the perks are good. | Copyright Justin Sullivan, Getty Images You need a net worth of $6.3 million to feel “wealthy” in the San Francisco Bay Area, according to the people who live there. In order to feel just “financially comfortable...

Spring IRI Insight: Social Security Claiming Strategies to End

Apr 14, 2016

"File and suspend" and "file and restrict," two popular strategies used by married couples to maximize their Social Security benefits, will soon come to an end. Retirement planning experts discuss changes to these filing strategies, what advisors...

Explore Untapped Markets Prospects Are Looking For You

Apr 14, 2016

Steve Cohen Has a New Firm That's Allowed to Take Outside Money

Apr 14, 2016

(Bloomberg) -- Billionaire Steven Cohen has a way to raise money from outside investors prior to 2018, the year he can resume running hedge funds under a January settlement with the U.S. Securities and Exchange Commission...

Little Difference Between Investment Banking, Wealth Management

Apr 14, 2016

Investment banking and wealth management are seen as distinct businesses within financial services, but there is more crossover than you might think. Simon Smiles, managing director and chief investment office for ultra-high net worth at UBS ...

Fiduciary Rule Won't Solve Retirement Savings Crisis

Apr 13, 2016

The latest numbers on the U.S. retirement crisis are in, and they point to a massive opportunity for financial planners if they can meet the challenge of providing unbiased retirement advice in a new fiduciary world...