Ron A. Rhodes

DECEMBER 21, 2023

In the 401(k) world there has for many years been the option for plan participants to contribute to Roth 401(k) accounts, rather than traditional 401(k) account. For contributions to Roth…

Accounting 65

Accounting Taxes Investing Investments 65

Ron A. Rhodes

AUGUST 9, 2023

OVERVIEW: THE PRUDENT INVESTOR RULE The Uniform Prudent Investor Act (UPIA) (1995), adopted in some form by all 50 states, applies to the investment of private trust funds. The Prudent…

Investing 58

Investing Investments Taxes Fiduciary Duty 58

Fortune Financial

SEPTEMBER 25, 2023

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Consulting with an advisor can help you optimize your financial plan along with identifying the impact of potential future tax changes.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Ron A. Rhodes

AUGUST 6, 2023

I have increasingly witnessed registered investment adviser (RIA) firms, as well as brokerage firms, generally disavow (often in their client services agreement) any duty to manage the investment portfolios of…

Portfolio 61

Portfolio Management Taxes Clients 61

WiserAdvisor

AUGUST 8, 2022

It also requires a good understanding of tax policies, laws, market sentiment, etc. For instance, you can hire a fiduciary. Fiduciary duty mandates the advisor to keep your interests ahead of theirs. Tax planning: Tax is one of the major financial concerns high-net-worth individuals face.

Wealth Management 52

Wealth Management Financial Planning Financial Advisor Taxes 52

WiserAdvisor

JUNE 6, 2023

It is a process that can allow high-net-worth individuals to transfer their wealth to future generations while minimizing tax burdens, maximizing financial security, and protecting their hard-earned money. Estate planning can be hard to navigate with international laws, global market fluctuations, tax treaties, and legal systems.

Estate Planning 52

Estate Planning Planning Taxes Insurance 52

Park Place Financial

SEPTEMBER 30, 2022

For example, if you want to spend more on travel and leisure, move to a state with no income tax or a lower cost of living. Park Place Financial observes its fiduciary duty to act in our client’s best interest, putting your needs above our profits. Retirement Age .

Retirement 52

Retirement Retirement Planning Certified Financial Planner Fiduciary Duty 52

WiserAdvisor

NOVEMBER 21, 2022

Unlike the average investor or other financial professionals, a CFP is a licensed expert in areas like estate planning, taxes, retirement, insurance, and investment planning. This is done to establish a fiduciary duty within the candidate and make them a reliable, upstanding member of the fraternity.

Certified Financial Planner 52

Certified Financial Planner Financial Planner CFP Financial Planning 52

Brown Advisory

SEPTEMBER 12, 2019

Put simply, trustees serve as fiduciaries with investment authority over assets that are intended to benefit another person or persons; trustees should use every device at their disposal in an effort to maximize the investment returns of the trust they oversee.

Investing 52

Investing Investments Fiduciary Duty Portfolio 52

Brown Advisory

SEPTEMBER 12, 2019

Put simply, trustees serve as fiduciaries with investment authority over assets that are intended to benefit another person or persons; trustees should use every device at their disposal in an effort to maximize the investment returns of the trust they oversee. ESG AND FIDUCIARY RESPONSIBILITY.

Investing 52

Investing Investments Fiduciary Duty Portfolio 52

Park Place Financial

JANUARY 9, 2023

FINANCIAL PLANNING Tax and Financial Planning Ideas For 2023 Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Additionally, the government has made changes to tax rules, further prompting Americans to reevaluate their tax and financial strategies. Tax Deductions . Retirement Savings Accounts .

Financial Planning 52

Financial Planning Taxes Planning Certified Financial Planner 52

WiserAdvisor

AUGUST 18, 2023

They can offer personalized financial planning, comprehensive investment management, retirement planning, and tax optimization, among several other things. Moreover, fee-only advisors are often viewed as fiduciaries, which means they are legally obligated to act in their client’s best interests.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

WiserAdvisor

MAY 31, 2022

Also, be careful about giving your financial documents like tax certificates, government identity cards, etc. Avoid giving any banking information, credit card pins, personal identity details, etc., on social media. Keep your banking username and password confidential.

Investing 52

Investing Investments License Accounting 52

Brown Advisory

APRIL 16, 2018

This specificity helps guide the nonprofit’s board and investment committee members as they carry out their fiduciary duty. In short, jeopardizing investment rules may impose a tax on a private foundation for any investment that might jeopardize the carrying out of its tax-exempt purposes.

Nonprofit 52

Nonprofit Portfolio Distribution Clients 52

Brown Advisory

APRIL 16, 2018

This specificity helps guide the nonprofit’s board and investment committee members as they carry out their fiduciary duty. In short, jeopardizing investment rules may impose a tax on a private foundation for any investment that might jeopardize the carrying out of its tax-exempt purposes.

Nonprofit 52

Nonprofit Portfolio Distribution Clients 52

Good Financial Cents

JUNE 11, 2023

We accept a fiduciary obligation to act in your best interest, and our advice must be aimed at making money for you, not for us. Fiduciary duty means the party has a legal obligation to put your interests above their own. Tax Optimization Personal Capital uses tax optimization in the management of your portfolio.

Management 80

Management Investing Investments Wealth Management 80

Sara Grillo

NOVEMBER 14, 2022

Do advisors breach fiduciary duty when they fail to recommend annuities? Should those with only insurance licenses that allow them to sell annuities and/or life insurance be held to the same “fiduciary standard” as Registered Investment Advisers (RIAs) with the SEC or state regulators?

Insurance 59

Insurance Financial Advisor Retirement License 59

Brown Advisory

SEPTEMBER 15, 2017

And then we own a number of municipal bonds—both taxable and tax-exempt—as well as mortgage-backed securities. This is particularly tricky for some of our clients, who serve on endowment or foundation boards that have a fiduciary duty to balance mission alignment with performance expectations.

Portfolio Management 52

Portfolio Management Portfolio Management Fiduciary Duty 52

Brown Advisory

SEPTEMBER 15, 2017

And then we own a number of municipal bonds—both taxable and tax-exempt—as well as mortgage-backed securities. This is particularly tricky for some of our clients, who serve on endowment or foundation boards that have a fiduciary duty to balance mission alignment with performance expectations.

Portfolio Management 52

Portfolio Management Portfolio Management Fiduciary Duty 52

The Big Picture

JUNE 20, 2023

It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. Let’s talk about tax loopholes. How on earth is there still a carried interest tax loophole for private equity, hedge funds, and venture capital?

Insurance 141

Insurance Healthcare Retail Medicine 141