Wealth management

The Securities and Exchange Commission has voted to propose new rules to strengthen the SEC's oversight of investment advisers and fill important gaps in the regulatory landscape.

The American Institute of CPAs has submitted comments on the Securities and Exchange Commission’s proposed rules on “family offices,” and given the SEC its suggestions on how to define “family clients.”

Wolters Kluwer Law & Business has introduced a QuickCharts tool that helps professionals keep up to date with new rule-making and regulations that arise from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

As the economy slowly inches back toward a recovery of sorts, several of the nation's top broker-dealers and financial services firms are revving their recruiting engines and driving them toward the CPA market in hopes of increasing their partnerships with accounting firms and practitioners.

New York - The financial firms that suffered the greatest stock-price declines during the economic crisis tended to be those with the highest proportion of independent directors, according to a new study.

HIGH-NET-WORTH INDIVIDUALS SHUN RETIREMENT

The 10-year period from 2000-2009 has been referred to as the "Lost Decade."

Nearly one out of every eight dollars under professional management in the United States today — 12.2 percent of the $25.2 trillion in total assets under management tracked by Thomson Reuters Nelson — is involved in some strategy of socially responsible and sustainable investing, according to a new study.

The College for Financial Planning has introduced theAccredited Domestic Partnership Advisor credential, a designation thataddresses the financial needs of non-traditional families.

Financial Planning, the leading publication and online resource for independent financial advisors, hosted its inaugural Influencer Awards Ceremony during the FPA Conference in Denver.

PricewaterhouseCoopers has released “Managing Your Wealth,” the firm's 14th annual guide to tax and wealth management.

Nearly one-third of U.S. CFOs expect to make cutbacks in health care benefits for their workforce, according to a new survey by Grant Thornton LLP.

Economist Arthur Laffer, the inventor of the Laffer Curve, has been engaged as an economic advisor and consultant by wealth management firm 1st Global.

A new report by the Government Accountability Office uncovered hundreds of allegations of physical abuse, neglect and financial exploitation by guardians in 45 states and the District of Columbia between 1990 and 2010.

IMGCAP(1)]As an accountant, you most likely have clients seeking investment advice.

ADVISORS CONTINUE SHIFT TO FEE-BASED MODELS

Taxpayers who previously adopted 419, 412i, captive insurance or Section 79 plans are in big trouble.

The U.S. Department of Labor and the American Institute of CPAs have launched an interactive website to help small businesses select a retirement plan suitable for their employees.

Legendary economist Milton Friedman once joked that you could take any three letters from the alphabet, scramble them in any order you want, and you'll end up with an acronym for a federal agency we could do without.

The Securities and Exchange Commission has issued proposed rules that would enable shareholders to cast advisory votes on executive compensation and "golden parachute" arrangements.