Financial Planning

About 35 percent of women report using a financial advisor and another 35 percent who don't use an advisor would consider doing so, according to a new survey from Prudential Financial.

The Securities and Exchange Commission announced fraud charges and an emergency asset freeze against a Denver-based company and two Colorado residents for allegedly carrying out a $15.7 million Ponzi scheme that dragged in more than 120 investors nationwide.

Information technology spending by the global wealth management industry will reach almost $35 billion by 2016, and will include heavy investment in digital channels, predicts global analyst provider Ovum.

British soccer team Manchester United, which went public on the New York Stock Exchange on Friday, said in its IPO filing that it may take advantage of the relaxed reporting and auditing requirements for so-called “emerging growth companies” in the JOBS Act.

Half a dozen accounting firms have been selected to help oversee compliance by the five banks that agreed to a mammoth national mortgage settlement.

More than a third of retirement plan participants admitted that they either “guessed” or “made up” their estimates for how much income they would need in retirement, according to a new survey, while only 30 percent said they consulted with a professional for help in setting their goals.

Swiss banks must lure affluent clients from emerging markets or face a “slow death” as the pursuit of tax dodgers by U.S. and European authorities results in outflows of assets.

The trendy new term in the high-tech arena is “crowdfunding.” Both the President and Congress jumped on the crowdfunding bandwagon as a way to show they are doing something about the economy by passing the JOBS Act. What exactly is crowdfunding? Here’s one introduction through the eyes of a professional accountant and auditor.

A proposal by the Obama Administration regarding grantor trusts has estate planners on edge as they ponder its implications.

The American Institute of CPAs has written a letter to the Internal Revenue Service, recommending that the IRS delay matching the basis information the law requires brokerage firms to report about taxpayers’ capital gains and losses with what taxpayers report on their income tax return.