Brazilian Finance Minister Fernando Haddad recently introduced a proposal calling for a 2% annual tax on the ultra-rich. Hadad said that it would involve taxing about 3,000 individuals in plans that hold about $15 trillion in wealth and pay very little tax. Other members of the Group of 20 have supported the proposal, including Haddad's…

When I think of the life insurance discourse, I think of the days when there were essentially only two types of permanent life insurance products on the playing field. One was whole life (WL), often mixed with term insurance in something creatively described as a “whole life/term mix”. The other was the actual universal life…

Cohen & Steers Inc., an investment manager specializing in real assets and alternative income, has appointed Daniel Noonan to lead its efforts to increase its distribution in the wealth space. Noonan joins Cohen & Steers as executive vice president and head of the firm's wealth management advisory group. Noonan will lead teams focused on the…

Hello and welcome to this week's edition of 401k Real Talk. This is WealthManagement.com's Fred Barstein Omnichannel RPA Contributing Editor & CEO at TRAU, TPSU & 401kTV – I Review everything from the past week's stories and pick out the most relevant and interesting ones, providing an open and honest discussion that you wouldn't get…

Envestnet announced today that it will work closely with four of the world's largest asset managers deepening the levels of customization that can be achieved in building investment portfolios on its platform. The four firms—BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors—will be the first among more than 800 asset managers that Envestnet…

Envestnet announced today that it will work closely with four of the world's largest asset managers deepening the levels of customization that can be achieved in building investment portfolios on its platform. The four firms—BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors—will be the first among more than 800 asset managers that Envestnet…

These funds saw the most activity over the past 30 days. Source link

For the tenth year this September, WealthManagement.com will honor the best companies, people and organizations that support the success of financial advisors at the industry's annual awards, known as The Wealthies. This year's winners, chosen by a independent panel of judges of 287 finalists, will be announced Sept. 5 at a black-tie gala at the…

Wirehouses advisors are looking for defensive stock strategies ahead of the 2024 election, FundFire reports. Morningstar explored how investors should consider allocating to private equity. These are among the investment must-reads we found this week for wealth advisors. WealthManagement.com Staff | 04 June 2024 Source link

Beacon Pointe Advisors, a Southern California-based registered investment advisory firm overseeing approximately $36 billion in assets, has acquired Joslin Capital Advisors, a Redmond, Wash.-based RIA with $775 million in client assets. Joslin Capital is Beacon Pointe's second RIA acquisition in 2024. It acquired Keeney Financial Group in Columbia, Md., in March. Founded in 1999 by…