Did you happen to catch the Frontline documentary on PBS on April 23 2013?  “The Retirement Gamble” was an hour-long no-holds barred look at the financial services industry and how specifically the behavior of traditional Wall Street brokerage firms and non-fiduciary “financial planners” has contributed to the erosion of retirement savings for millions of America
Increasingly Americans with $1 million or more in assets are considering moving to tax-friendly states and in some cases are looking to move out of the country in order to shield their wealth from higher taxes. In fact this January the international financial advisory firm deVere Group saw a 48% month-on-month increase in the number of high-net-worth individua
You know you need to save more and you promise yourself that you will — tomorrow. Working with an advisor provides the discipline and direction you need to stop procrastinating and focus on what you need to do to achieve your goals.
The new 3.8% surtax on unearned income that took effect on January 1 2013 applies to individuals with Modified Adjusted Gross income (MAGI) in excess of $200000 and couples with MAGI in excess of $250000. Of course the tax tail should never wag the dog but here are some strategies that might help you minimize the tax bite:
At the end of 2012 assets in hedge funds had grown to a record $2.25 trillion from $488 billion in 2000 according to Hedge Fund Research. Today because individual investors have joined institutional investors hedge funds seem almost mainstream. So should you invest?  By design that’s hard to say.