Financial planning

More than half of CPA financial planners say their wealthy clients are not confident in the stock market, according to a survey by the American Institute of CPAs.

The American Institute of CPAs is offering a CPA-oriented guide on Roth IRA conversions now that the old $100,000 income limit for converting a traditional IRA to a Roth IRA no longer applies.

A new study shows that the majority of Americans think wealth is beyond their reach and it won’t be easier to get rich any time soon.

Many wealthy Americans are rethinking their vision of retirement planning, according to a new survey of the affluent.

IMGCAP(1)]With middle-class families taking big losses in their 401(k) and other investments, many are concerned that they might not have enough money to retire without running out.

The recession has caused a significant number of America’s wealthy to re-evaluate their lifestyles, according to a new survey.

FINANCIAL EDUCATOR LAUNCHES ADVOCACY PORTAL

The recent implosion of the major stock market indices has hit Baby Boomers pondering retirement particularly hard - right in the proverbial nest egg. Many people are opting to remain in the workforce longer given the loss in their retirement portfolios. With this longer work horizon, planning for retirement and the location of retirement is still a goal for many.

Advisor Software has acquired Advisor Partners LLC, an asset management firm that specializes in creating comprehensive investment portfolios and managing client accounts on behalf of professional investment advisors.

The number of employers planning to offer annuities to participants in their 401(k) plans is expected to grow as companies look for ways to provide workers with a steady distribution of benefits during retirement, according to a new survey.

The Securities and Exchange Commission has voted to require companies to disclose more information about their compensation practices and the background of their board members.

RAYMOND JAMES RAISES AUM MINIMUM FOR NEW ADVISORS

In the worst economy in 75 years, the challenge of asset allocation for a given portfolio has never been greater. But that doesn

The House voted to set the inheritance tax at 45 percent permanently for estates larger than $3.5 million.

The Virginia Society of CPAs has produced a free Financial Fitness Calendar for next year.

Financial education provider Financial Finesse has launched a new Web site to promote financial literacy.

Consulting firm Capco has introduced a North American Wealth and Investment Management Group to help build the wealth and investment management capabilities of various types of financial firms.

BETTER ADVICE COULD REDUCE RETIREMENT PLAN FEES

Perhaps the most critical goal of professional portfolio management is to allocate client assets in such a manner as to achieve appropriate diversification.

When it comes to their retirement, 50-somethings seem to be in a state of denial about how long their retirement savings will last, according to a new study.