Wealth management

The Securities and Exchange Commission’s custody rule governing investment advisors’ custody of client assets imposes various requirements and, in turn, costs on investment advisors, according to a new report by the Government Accountability Office.

The Financial Planning Coalition submitted a letter to the Securities and Exchange Commission saying it would "vigorously oppose" attempts to weaken the fiduciary standard for broker-dealers and submitted research showing a client-first standard does not limit advice to “mass market” clients.

Check out the digital edition of the July 2013 issue of Accounting Today.

The Internal Revenue Service has proposed tax relief for money market fund investors in response to concerns about proposed reforms from the Securities and Exchange Commission in the money market industry that could trigger so-called “wash sale’ tax rules.

John Napolitano, chairman and CEO of U.S. Wealth Management, sat down with managing editor Tamika Cody to discuss the mistakes CPAs make when they head into the world of financial planning.

Sen. Pat Roberts, R-Kan., and Rep. Tom Price, R-Ga., have introduced legislation in the Senate and the House to block foreign governments from collecting taxes on securities transactions.

Nearly 70 percent of people in the Millennial generation have no retirement plan, according to a new survey.

John Napolitano, chairman and CEO of U.S. Wealth Management, sat down with managing editor Tamika Cody to discuss what market trends CPA financial planners should be paying attention to, and the mistakes that firms make when they venture into financial planning.

A new research program aimed at uncovering the secrets of success for CPA financial planners

In the lull after filing season, many firms are finding new practice areas to explore

How much should an advisor give away in a social setting before suggesting that an inquirer pay for such information? More broadly, how should planners respond effectively when an acquaintance, friend or relative seeks free advice - or even asks to become a paying client?

Everything you need to know about the DOMA ruling but were afraid to ask ...

Almost half of CPAs indicated that they offer some kind of financial planning services, but a far smaller number have a formally structured practice with their own Registered Investment Advisor or an affiliation with an outside broker/dealer or RIA, according to a new study.

The next time a client complains about the complexity of our tax system, tell them about the proposed financial transactions tax, or FTT. The European Union is moving close to agreeing on an FTT that at the beginning will apply to 11 member states, including France and Italy.

The Financial Accounting Standards Board has issued a proposal to improve disclosures of uncertainties related to an organization’s ability to continue as a going concern.

Unit4 Business Software, the North American subsidiary of Unit4, has released Unit4 Consolidation & Cash version 5 with integration to its financial performance management suite.

Members of Generation X are having the most difficulty meeting their household expenses and dealing with other financial obligations, according to a new study by PricewaterhouseCoopers.

The American Institute of CPAs has released one of its Accounting and Valuation Guides, “Valuation of Privately Held Company Equity Securities Issued as Compensation,” also known as the Cheap Stock Guide, in an e-book format.

For years, annuities have been considered to be a solution for outliving your income and available assets.

The Financial Accounting Standards Board voted Wednesday to indefinitely defer certain disclosures about investments held by a nonpublic employee benefit plan in its plan sponsor’s own nonpublic equity securities.