World's 25 Biggest Wealth Management Firms by AUM: 2021
WEBNov 16, 2021 · To identify this year’s largest firms, Aite-Novarica ranked them based on their client assets, which it noted generally refers to discretionary and advisory assets under management, as well as ...
Planning for the Estate and Gift Tax Exclusion: What to Know
WEBDec 7, 2022 · The federal lifetime gift and estate tax exclusion will increase from $12.06 million in 2022 to $12.92 million for 2023. There could also be increases for inflation for both 2024 and 2025. That ...
11 Net Investment Income Tax Questions, Answered - ThinkAdvisor
WEBJun 29, 2021 · Today, revenue from the net investment income tax goes to the U.S. Treasury. The investment income tax is a surtax of 3.8% in addition to the regular income tax that certain high-income taxpayers ...
Gifting Stock to Family Members: What to Know | ThinkAdvisor
WEBJan 25, 2021 · Gifts of stock can be made in lieu of giving cash. The annual gifting limits of $15,000 per person ($30,000 for a joint gift with your spouse) apply, and the value of the stock on the day of the ...
1035 Exchange: Know the Rules - ThinkAdvisor
WEBMar 31, 2022 · Without a 1035 exchange, the holder of a nonqualified annuity contract would owe ordinary income tax on any annual returns from the nonqualified annuity, plus a 10% penalty for those under age ...
The 20 Biggest Asset Managers in the World by AUM - ThinkAdvisor
WEBJun 6, 2023 · The U.S. placed 14 institutions among the world’s top 20 largest asset management firms by assets under management (AUM), according to ADV Ratings ’ latest rankings. France and Germany each ...
6 Ways to Help Clients Avoid Medicare’s IRMAA ... - ThinkAdvisor
WEBJun 10, 2021 · 6 Strategies for Avoiding IRMAA Issues. 1. Don’t assume nonqualified accounts should be used first in a liquidation order strategy. A popular pre-retirement accumulation strategy is to defer ...
5 Steps to Successfully Talk About Fees With Clients
WEBJun 8, 2016 · Here are five tips that can help you have more successful conversations: 1) Take the lead. Yes, it’s a touchy subject—and that’s exactly why it is important to take the initiative to start ...
6 New Social Security Bills in Congress Now | ThinkAdvisor
WEBJul 2, 2024 · Altman, whose advocacy group supports expanding Social Security, Medicare and Medicaid, said that if President Joe Biden is reelected, “real progress in eliminating the [Social Security ...
Get Ready for New 1099-K Rules in 2024 - ThinkAdvisor
WEBFeb 14, 2024 · 1099-K Reporting Changes. Beginning in 2023, the Form 1099-K reporting threshold for businesses that use third-party payment services, such as Venmo, Etsy, StubHub and Airbnb, was set to decrease ...