Not only did Social Security benefits increase in 2023, but Medicare Part B premiums declined for the first time in more than a decade, resulting in larger net Social Security benefits for most retirees.
For advisors who don’t do their homework, the possibility of a regulatory slap on the wrist may be less of a deterrent than a whack in the wallet from aggressive attorneys.
Wall Street has revitalized the product, but these REITs face new scrutiny because of an old problem: Investors are demanding liquidity.
Even though history suggests the best strategy has always been to stay invested for the long haul, a safe 4% return is luring more investors to the sidelines.
YieldX’s technology will be integrated into FNZ’s existing product to enable advisors to scan the universe of fixed-income securities.
A new report from Nationwide shows 62% of women are putting off retirement or don’t believe they will ever retire due to inflation, compared to 47% of men.
Since the credit crisis, investment frauds have proliferated in ways most Wall Street executives and financial advisors in 2008 never would have foreseen.
An unusual coordinated effort among state lawmakers seeks to impose wealth taxes across the country, but advisors warn levies on assets will drive high-net-worth clients to lower-tax states.
The death of Lisa Marie Presley may leave her children on the hook for $1 million in back taxes. Could this have been avoided?
The firm's stock took a beating last year but is up 15% so far this year as the company navigates its U.S. growth strategy.
Half of near-retirees are relying on self-education to understand Social Security and Medicare, while 53% plan to use an advisor to maximize retirement income sources.
James Couture of Worcester, Massachusetts, had pleaded guilty in September to being involved in a scheme to steal $2.8 million from clients.
The Zoe Wealth Platform charges a fee based on advisory assets for everything an RIA needs to work with clients.
The industry has focused almost exclusively on cybersecurity controls over the past few years, instead of understanding what their core obligations and fiduciary responsibilities are for client data.
Most Citigroup staffers are supposed to be in the office three days a week, but if their productivity dips, they can expect to spend more time there.
Can ChatGPT give good financial advice? InvestmentNews fed the algorithm questions to see how its AI stacks up.
The losses, which led to the bank's largest earnings miss in a decade, reflected a major slide in revenue from equity investments, Goldman said.
The firm posted record net revenue in wealth management last year, in contrast to investment banking, where it saw a 49% decline in revenue during the fourth quarter.
The combination of rising prices and a falling stock market have worsened the retirement crisis, with 37% of retirees surveyed saying they have no savings at all.
Temple, Texas-based Cedarwood Financial Partners specializes in retirement planning services.
