Wealth management

Fifty years after the untimely death of film legend Marilyn Monroe, the courts are apparently still hearing challenges over her estate and her taxes.

Genworth Financial Investment Services, a firm that specializes in helping approximately 1,800 tax and accounting professionals integrate wealth management into their practices, is being renamed Cetera Financial Specialists after being acquired earlier this year.

Find out if offering family office services is right for your firm

Staff members at privately held companies are less likely to receive information from management about how the business is performing than employees at publicly traded companies, according to a new survey.

The Securities and Exchange Commission issued a financial literacy study Thursday confirming earlier studies that U.S. retail investors lack basic financial literacy.

The American Institute of CPAs has written to Internal Revenue Service Commissioner Doug Shulman outlining its concerns with what it sees as a “widespread problem affecting numerous taxpayers”: erroneous letters from the IRS to taxpayers filing foreign trust forms.

The Internal Revenue Service has stepped up its efforts to investigate possible misconduct in the municipal bond sector, more than doubling the number of examinations it conducts per year.

Almost half of parents have no financial plan in place, and nearly 20 percent of parents created a plan only after having children, according to a new poll.

Republican presidential candidate Mitt Romney and his wife, Ann, have used sophisticated estate- planning techniques for more than a decade to minimize taxes and amass at least $100 million for their family outside of their estate.

JPMorgan Chase & Co.’s board of directors assigned former KPMG International Chairman Timothy Flynn to its risk committee after an internal probe blamed lax controls for a $5.8 billion trading loss in London.

Our 2012 Wealth Magnets are talking to their financial planning clients more than ever.

The focus of most taxpayers on their income taxes, small business taxes and potential estate taxes, with a gripe now and then about local sales taxes, misses a big chunk of the portion they pay every year: property taxes.

A new report from the Public Company Accounting Oversight Board indicates that auditing firms have apparently ignored or forgotten the lessons that came out of the Bernard Madoff scandal and similar financial frauds of recent years.

The Internal Revenue Service has released a new draft version of Form 706, the Estate (and Generation-Skipping Transfer) Tax Return.

Employers in a recent survey overwhelmingly said they favor keeping workers past retirement age.

The Certified Financial Planner Board of Standards has written a letter to the Consumer Financial Protection Bureau urging the recently established agency to create a ratings system for financial certifications and designations.

The Securities and Exchange Commission is paying nearly $50,000 to a whistleblower who helped prevent a multimillion-dollar securities fraud, in the first award paid under a new whistleblower program.

Small business-focused cloud accounting software provider Wave Accounting has acquired online stock research and investment tracking company Vuro.co.

New consulting program will help CPA firms see if wealth management is right for them.

As sales of exchange-traded funds boom, the Securities and Exchange Commission’s Office of Investor Education and Advocacy has released an investor bulletin on the investment vehicle that highlights the view that not all ETFs are created equal.