Wealth management

A new study finds that disclosure of personal relationships between corporate CEOs and members of the board of directors could paradoxically encourage directors to exhibit less independence from management.

The Supreme Court held Monday that securities fraud plaintiffs need not prove loss causation in order to obtain class certification.

The Financial Accounting Standards Board has issued a new accounting standards update for stock compensation.

Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it.

U.S. Wealth Management president and CEO John Napolitano discusses how accounting firms should be choosier about the clients they accept, in an interview with Accounting Today editor-in-chief Daniel Hood.

A unanimous Supreme Court has held that the funds in an inherited IRA do not qualify for exemption in bankruptcy because they do not share the same characteristics as “retirement funds” that traditional IRAs have.

Genworth Financial has created a new Web site with information on long term care.

The Internal Revenue Service issued a ruling yesterday clearing the way for institutional investors to seek changes to incentive fees assessed by hedge funds, which may make it cheaper for them to invest in such offerings.

One of the key hurdles that advisors encounter in considering the transition to offering integrated wealth management services is the fundamental gap between the marketing model employed by traditional financial advisors and the practices that tax advisors are familiar with from the accounting world.

Tax rules continuously change, but the specific tax matter here is not what’s important. What is important is the process.

Broker-dealer HD Vest Investment Services announced that its VestAdvisor Select portfolio management platform has reached over $1 billion in assets in the 19 months since its launch.

Check out the digital edition of the June 2014 issue of Accounting Today.

When I practiced as a CPA, there were days when I left the office wondering why anyone would ever want to go back tomorrow and do it again. Those days seemed to drag on forever. I did not feel very productive or accomplished, and generally didn't feel good about myself or my chosen career path.

Strategies to help your clients save for the rising cost of college

Accounting Today is in the midst of collecting submissions for its 2014 ranking of the Top Firms by AUM.

Bernard Madoff’s fraud might have been detected with enough due diligence in mid-2006, more than two years before the Ponzi scheme collapsed, a U.S. Tax Court judge ruled.

Broker/dealer HD Vest Financial Services Inc. has launched a proprietary tool to help its affiliated advisors integrate client tax information into their financial plans.

Financial stress among employees increased significantly last year, according to a new survey, with 23 percent reporting "high" or "overwhelming" levels of financial stress compared to only 18 percent in 2012 and 19 percent in 2011.

Twenty-five percent of Americans across all age groups admit they are not saving at all for retirement, or are unsure, according to a new survey.

The balances of Roth IRAs grew at more than double the rate of traditional individual retirement accounts from 2010 to 2012, according to a new analysis by the Employee Benefit Research Institute.