RIAs have long avoided variable annuities like they were bad breath. But LPL Financial (NASDAQ: LPLA), among others, is trying to change that with its new fee-based variable annuity platform. The insurance carriers on the new LPL platform (and...
Private testamentary provisions follow a very public life
The Internal Revenue Service’s latest amnesty offer for Americans with undeclared income from offshore accounts should serve as a reminder to wealth managers that some of their clients may owe money to the IRS and not realize it.
It’s getting easier for clients with pre-existing medical conditions to get life insurance coverage today. Even those with cancer, heart disease and diabetes can qualify for “impaired risk,” or substandard-rated coverage. That&...