When the original account owner dies, a non-spouse beneficiary can choose to take the Roth funds in an income tax-free lump sum (as long as the owner of the Roth had owned the account for at least five years — if not, then you could be taxed on any.
the financial technology platform democratizing alternative investments for high-net-worth (HNW) individuals and their advisors, today announced it has entered into a definitive purchase agreement to acquire the US Private Equity Access Fund Platform from.
stemming from inadequate or improper portfolio diversification. For advisers , this is directly aligned with the obligation under the Employee Retirement Income Security Act of 1974 to protect assets. For participants, the funds simplify investment.
Brokerage Will Repay $1.9M Over Mutual Fund Waivers Law360 (subscription.
For them, it has important fiduciary ramifications because most clients engage advisers – especially financial planners – to help them achieve lifelong self-sufficiency. As advisers may find it necessary to place greater emphasis on managing longevity.
Target-date funds often funnel assets to a company's active funds at a time when investors and advisers are fleeing them. "In many ... "If a client tells me they only look at their 401(k) plan every five years, target-date funds are a great solution to.
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DOL fiduciary rule: Edward Jones changing stance on mutual fund commissions in IRAs InvestmentNews.
Opponents to a fiduciary rule becoming law, like President Donald Trump's chief economic adviser Gary Cohn, find it to be an unnecessary restriction on how advisers can serve their clients, who may want to invest in higher-risk funds . ... To see if.
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Stash, which is available only for U.S. citizens, operates on the mantra 'investing should be made simple and accessible, It is a robo- advisor or an automated investment app. Simplifying investing, the firm promises an easy start up procedure, which.
He provided me the documentation I needed along with scores of emails among the client, his attorney, CPA, financial advisor and insurance agent. ... The goal was to fund retirement income, and the contract was through a top-name carrier. ... Second is.