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Articles instructing us how to trim our budgets often target the coffee shop specialty coffees: $3.00 a day compounds to $15 a week $60 a month and so on through your working career. I recently heard a compelling rebuttal to the instruction that we do without our morning caffeine stop. “I’m not expecting any great inheritance” the twenty-something employee declared.

In an investment environment that’s seen endowment assets drop and administrative costs climb many families nationwide are eschewing the cache of small foundations for donor-advised funds. Why? Lower administrative costs and flexibility mean that more money goes to their charitable causes.

In an effort to ensure everyone pays their fair share of taxes on January 1st of this year the Federal government began requiring brokerage firms and other custodians to calculate and report gains or losses on certain customer trades to the IRS.

We’ve all received emails riddled with misspellings from scam artists notifying us that a vast amount of cash is just waiting for us to claim or that something’s amiss with our bank account. All we need to do is enter our bank information and money will be wired immediately and we’ll live happily ever after. Many of these scams are targeted at older people.

On July 21st the newly formed Consumer Financial Protection Bureau (CFPB) took over a range of consumer-product regulatory functions from bank regulators. In addition to mortgages and other credit products the CFPB also is now responsible for the oversight of the three major consumer credit-reporting companies Equifax Experian PLC and TransUnion.

For over ten years we have preached the the merits of the efficient markets hypothesis and why investors should use low-cost tax-efficient broadly diversified asset class funds in an asset allocation plan tailored to their unique concerns goals and risk tolerance.  We believe this strategy is the optimal way to grow and protect wealth.  And many of the greate

Surveys are beginning to record what we all know is true. The financial crisis has had a profound impact on investors. In fact 58 percent of investors have lost faith in the stock market according to a survey of 1274 Americans conducted by Prudential Financial.

It’s been three decades since the 401(k) arrived on the retirement saving scene. And to celebrate the tax-deferred account’s milestone many U.S. companies that eliminated their 401(k) matching contributions during the Great Recession are beginning to restore this valuable benefit.

In a recent news article “Old Fears Resurface as Lawmakers Confront Basel III Dodd-Frank Changes” Donna Borak reported that U.S. lawmakers at a House Financial Services Committee recently addressed whether requirements of the Dodd-Frank Act combined with tougher international capital and liquidity rules are driving financial institutions overseas.