Wealth management

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

Maxwell Locke & Ritter sold its wealth management unit to Creative Planning, and Wright, Ford, Young & Co. teamed up with Integrated Partners.

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

Reporting requirements and asset location could loom large for clients seeking greater yield and diversification without thinking through payments to Uncle Sam.

A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.

Marlene Engelhorn plans to let 50 strangers decide the fate of her inheritance.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

Advisors must be attuned to the emotional factors at play, since no two clients have the same relationship with money.

Plus, Baker Tilly solution helps find clean energy credits; and other updates from the accounting tech world.

Stubbornly persistent differences between white and Black households' income and assets present financial advisors with the big-picture implications of their work.