Join us in this installment of Focused on the Future as Suzanne Siracuse sits down with Stacy Francis, founder and CEO of Francis Financial and the nonprofit Savvy Ladies. Stacy shares the heartwarming story of her grandmother's life and how it influenced her to become a financial advisor working with women in transition, such as…

To qualify for Internal Revenue Code section 501(c)(3) status, organizations must ensure that, upon dissolution, any remaining assets are distributed to exempt purposes, as opposed to individual beneficiaries. Organizations can either establish a qualifying plan of distribution in their controlling documents or rely on the operation of state law to meet federal requirements. The assets…

An audit launched by the Treasury Inspector General for Tax Administration found that the Internal Revenue Service has stopped implementing a 2020 Treasury Directive that requires the agency to audit a minimum of 8% of all individual returns with high incomes filed annually, meaning those individuals with income of $10 million or more. The purpose…

Satisfaction among advisors working under an employee model is on the rise, while satisfaction among independent advisors fell last year, according to JD Power's newest annual advisor mood survey. JD Power found that satisfaction among employee advisors increased by 59 points between 2023 and 2024 to 637 (JD Power measures satisfaction levels on a 1,000-point…

(Bloomberg) — For the millions of expats who leave their pension pots behind as they work in the world's financial centers, getting that money has become an expensive and risky experience. Often earning more than they would back home and holding substantial assets and pensions, the growing population of globally mobile workers has become a…

(Bloomberg) — Just outside Atlanta, a 60-year-old wealth adviser says he is I understood how to “take the emotion out of the investment process”. How? Filling his mutual funds with ETFs that use leverage to increase the daily returns of the Nasdaq 100 while using quantitative tactics to understand when to enter and exit the…

(Bloomberg) — UBS Group AG said it expects more than $83 trillion in wealth to be inherited within the next three decades, with about a fifth of the world's assets held by people over the age of 75. A “large proportion” of those assets will be transferred over the next 10 years as that population…

As record numbers of young adults reach retirement age, I continue to come across articles and studies about living legacies. When structured correctly, a living estate (also known as an “accelerated estate”) can allow parents to give some of their assets to their children while they are still alive, rather than waiting until they die….

Open, frank and honest discussion about the job market, private equity in DC plans, Fi360's annuity tool and more. Source link

Hello and welcome to this week's edition of 401k Real Talk. This is WealthManagement.com Omnichannel RPA Contributing Editor Fred Barstein & CEO at TRAU, TPSU & 401kTV coming to you from Steam Jupiter – I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest…