Wealth Planning

The latest news out of UBS involves former Merrill executive, Bob McCann, who’s dealing with a non-compete clause that’s keeping him from supposedly joining the firm.

Some taxpayers have gotten a reprieve. But, beware, more information and types of connections must now be reported

Bloomberg is reporting that Bob McCann, the former head of Merrill Lynch’s brokerage unit, is nearing a deal with his old employer that will allow him to take a job running UBS’s wealth management unit.

After almost a year of looking for the right buyer, AIG’s broker/dealer reps were told on Monday that they would not be sold...

After months of negotiations, UBS announced it has signed a formal agreement with the IRS to end the cross-border dispute regarding alleged tax-evading UBS American clients. As a result, the names of approximately 4,450 American clients of the...

Do you have clients who want guaranteed income, but are reluctant to sign onto an annuity that pledges underlying assets to an insurance company? New hybrid products, known as “Stand Alone Living Benefits (SALBs)” combine an annuity...

Bet you didn’t know that there is a provision in the tax code that allows Ponzi victims to deduct 95 percent of their net investment losses the year the theft is discovered.

Today’s New York Post reports that “Merrill brokers [are] wary of Krawcheck redeemption.” ...

Time magazine in January wrote a story detailing Bush's biggest economic blunders. Of course, as popular magazines often do, Time names "tax cuts for the rich" as the third-biggest blunder. Never mind that almost all agree that Bush's tax cuts...

An important policy debate is emerging in the United States concerning how the law of succession should change to encapsulate more fully modern American families. Changing family structures and new artificial reproductive technologies1 (ART) are...