As the baby boomer generation ages, the number of people with Alzheimer’s will climb: an estimated 16 million are expected to suffer from the disease by 2050, up from 5.4 million today, according to the Alzheimer’s Association. One...
The fiduciary exception may be falling out of favor
Recent ruling gives fascinating overview of Tax Court’s thinking on a series of valuation problems
Families who have most of their wealth tied up in a thriving family business present a classic double-edged sword dilemma for wealth managers. To be sure, the potential market is large and lucrative: Nine out of 10 businesses in the United States...
The Certified Financial Planner Board of Standards has decided that applicants for the coveted CFP mark must take a controversial 45-hour “capstone” course, starting next year, before being allowed to sit for the certification exam...
Despite stomach-churning market volatility and continuing economic uncertainty, the summer swoon of 2011 is still a far cry from the perilous plunge that shook the country in 2008, say wealth managers and family office executives.
Retiring baby boomers are pouring their money into variable annuities with guaranteed lifetime withdrawal benefits. The problem is, these products have a number of hidden drawbacks. Financial advisors need to keep clients informed.
