The Motley Fool

MARCH 22, 2024

Wealthy Americans also tend to put their money in investment funds, such as mutual funds. An easy way to invest in the stock market is with an index fund. They take advantage of tax savings opportunities Another stereotype about the 1% is that they don't pay their fair share of taxes.

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Debt Taxes Mutual Funds Finance 130

Fortune Financial

MARCH 30, 2023

Your Complete Guide to 529 Plans and Tax Savings Planning for your child’s education is an integral part of financial well-being. A 529 plan provides tax-free investment growth and funds for qualified education expenses. Most states offer a state income tax benefit for residents who contribute to a 529 plan.

Taxes 52

Taxes Education Mutual Funds Accounting 52

The Motley Fool

JANUARY 30, 2024

In most cases, they made the maximum legal contribution they were allowed to make in any given year. The typical minimum company-based contribution is on the order of 3%, although mutual fund company Fidelity says most employers will pony up between 4% and 5% of workers' salaries as matching 401(k) contributions.

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Mutual Funds Accounting Legal Stakes 246

The Motley Fool

APRIL 4, 2024

You usually choose from a handful of mutual funds , and your employer is in charge of selecting the options. But if you fail to pay back what you owe in a timely fashion, the IRS considers it a distribution and taxes you accordingly. Employers can legally cash out your 401(k) in this situation.

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Mutual Funds Taxes Accounting Legal 100

The Motley Fool

DECEMBER 21, 2023

December is a good time to rebalance your investment portfolio, make tax-management moves, and generally ensure you're in good shape for the next year. Several financial giants have filed the paperwork to create Bitcoin-based exchange-traded funds (ETFs). Let me be clear.

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Securities and Exchange Commission (SEC) Investing Legal Exchange-Traded Funds 189

Walkner Condon Financial Advisors

MARCH 15, 2023

With the advent of fractional shares available at some custodians , improved software for tax efficient implementation, and competition driving prices lower, the perfect storm for direct indexing appears to be now. Better After-Tax Result? Potential tax savings on an after tax basis. What is Direct Indexing?

Mutual Funds 52

Mutual Funds Taxes Assets Accounting 52

Fortune Financial

JUNE 2, 2023

Unlocking the Power of Net Unrealized Appreciation (NUA) Many workers receive company stock as part of their compensation package or can take advantage of a company 401(k) plan, choosing from a menu of mutual funds, exchange-traded funds and company stock for their investments. Let’s take a look at four key tax benefits of NUA.

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Taxes Liabilities Consulting Consultants 52

The Motley Fool

OCTOBER 11, 2024

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024. Christopher J.

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Assets Leveraging Mergers and Acquisitions Capital 130

Fortune Financial

AUGUST 31, 2022

Green mutual funds and exchange-traded funds (EFTs) also provide a sustainable strategy for potential investments. Additionally, government bonds to fund green-energy projects can be an option for fixed-income investors. These bonds may also come with tax incentives, making them more attractive than traditional bonds.

Investing 52

Investing Exchange-Traded Funds Mutual Funds Taxes 52

Fortune Financial

FEBRUARY 28, 2023

When we look at projected healthcare costs for an average retired couple in 2022, the amount needed to cover healthcare expenses approaches approximately $315,000 after tax. In other words, it could cost over a quarter of a million dollars of our retirement funds to cover out-of-pocket healthcare expenses.

Taxes 52

Taxes Accounting Exchange-Traded Funds Mutual Funds 52

The Motley Fool

MAY 28, 2024

Bill Mann: It's funny because stock buybacks are thought to be a very efficient way to return cash to existing shareholders in the form of there's not much in the way of tax, and every share of stock you should think of as being a perpetual claim on earnings and assets of a company. I feel like that's legally required.

Taxes 130

Taxes Accounting Education Shareholders 130

Zajac Group

NOVEMBER 9, 2021

While an anonymous greenback in the offering plate might not generate the paperwork necessary to realize any tax benefits and starting a private foundation might seem daunting, a Donor-Advised Fund could be a great option for philanthropic investors. What is a Donor-Advised Fund? Tax Benefits.

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Funds Taxes Liabilities Assets 52

The Big Picture

FEBRUARY 6, 2024

He also helped run some of their mutual funds and helped put together their first ETF, and he has really quite an astonishing track record. The Quality fund mutual fund that GMO runs that symbol G-Q-E-T-X, it’s just crushed it over the past decade. a year, way over both. Really fascinating guy. No minimum.

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The Big Picture

JULY 11, 2023

RITHOLTZ: So were you — in the early days, it was mutual funds it was SMAs, what were you guys doing? I could do my own taxes. So it was Franklin, along with mutual fund pioneer Sir John Templeton. JOHNSON: Exactly, the tax… RITHOLTZ: The negative on a mutual fund is phantom taxes.

Mutual Funds 88

Mutual Funds Mergers and Acquisitions Asset Management Finance 88

The Big Picture

OCTOBER 24, 2022

But the career paths from there were either kind of the PhD route, or the legal routes. And so there was a lot of need on the active mutual fund friends. And so my coverage list kind of converted over time to focus more on mutual funds, to focus on five to nine plans, college savings. And it was interesting work.

Mutual Funds 52

Mutual Funds Assets Taxes Portfolios 52

Diamond Consultants

SEPTEMBER 20, 2022

Is your firm aggressive and litigious in pursuing legal remedies for advisors who leave? Does the current book map over in terms of investments (SMA, UMA, mutual funds, alternatives, ETFs, etc.)? If not, will there be tax implications for your clients associated with making a move? Your Current Employment Contract.

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Due Diligence Mutual Funds Fee Structure Leveraging 52

The Motley Fool

JUNE 10, 2024

Andy Cross: David, ETFs, mutual funds, they operate by very strict rules on how they allocate their capital. In this case, for actively managed funds that are rebalancing every quarter, which as you mentioned, at the end of the quarter, beginning next quarter, they do selling and buying to match up the stocks and the positions.

Investing 100

Investing Taxes Mutual Funds Debt 100

The Big Picture

AUGUST 20, 2024

And what that will allow me to do is have minimal trading costs, minimal tax costs, and avoid all the behavioral problems that comes with active management. And so I’m gonna own this in a 401k, it’ll be a mutual funds in a taxable account. You were subject to the 75% marginal tax rate. It goes so far.

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Asset Management Assets Mutual Funds Bidding 68

The Motley Fool

MAY 7, 2024

But a fiduciary is someone who is legally obligated to put your interests first. Taxes, of course, you're looking for a certified public accountant CPA but some of them also have another designation called the personal financial specialists or PFS, which basically means there are tax expert, but they also know financial planning.

Accounting 245

Accounting Finance Financing Shareholders 245

The Big Picture

AUGUST 29, 2022

But I covered derivatives at first, and then I cover mutual funds. I worked for a (inaudible) called Fund Action and did that for a little while, and then went — I met a guy named Duff Ferguson at AllianceBernstein. They’d be the biggest active mutual fund to shop times over. RITHOLTZ: It’s …. He was the P.R.

Mutual Funds 68

Mutual Funds Funds Assets Asset Management 68

The Big Picture

JUNE 11, 2024

He began as an attorney working on things like taxes and, and trusts in estates and consulting for various RIA firms when he became an RIA and eventually bought creative planning when it had, you know, a handful of, of clients and, you know, 30, $35 million. You were doing some estate planning and other legal services.

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Mergers and Acquisitions Taxes Consultants Consulting 63

The Motley Fool

AUGUST 2, 2024

Our pre-tax adjusted operating income was $1.6 per share on an after-tax basis, up 10% from the year-ago quarter and 12.5% Additionally, expenses were lower and include a reduction in legal reserves. on an after-tax basis. I'll provide an overview of our financial results and business performance for our PGIM, U.S.,

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Capital Assets Liabilities Shareholders 130

Fortune Financial

AUGUST 7, 2023

One key aspect of hedge funds is their ability to implement alternative investment strategies that are not typically available to traditional investment vehicles, such as mutual funds. Hedge funds can invest in a wide range of assets, including stocks, bonds, currencies, commodities and derivatives.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

One key aspect of hedge funds is their ability to implement alternative investment strategies that are not typically available to traditional investment vehicles, such as mutual funds. Hedge funds can invest in a wide range of assets, including stocks, bonds, currencies, commodities and derivatives.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

The Motley Fool

SEPTEMBER 14, 2023

It is interesting to me, it's almost unbelievable really that you can be someone who is giving financial advice, but you are not legally obligated to put their best interests first. What is legally called the fiduciary standard. Robert Brokamp: [laughs] I totally understand. It's amazing to me that they get away with it.

Investors 130

Investors Finance Financing Banks 130

Sara Grillo

MAY 8, 2023

They go crazy and paint it with BS statements like: Tax-free guaranteed income Can’t lose money asset Upside potential with downside protection Privatized banking Be your own bank Remember that there is a floor to the crediting rate, but that doesn’t mean you can’t lose money. Here’s why that stinks.

Mutual Funds 59

Mutual Funds Collateral Taxes Leveraging 59

The Motley Fool

APRIL 17, 2024

Bill Barker: I think that the training in the law and legal rating where you have to have support for every fact, you have to have a citation for every argument. Bill Barker: Then I would say that actually working in a legal office, working as a lawyer, certainly introductory, big law firm life is not for everybody. They pay well.

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Finance Financing Law Firms Mutual Funds 130

The Big Picture

DECEMBER 6, 2022

I remember telling myself, why would anyone invest in mutual funds when you can buy an ETF instead? You have the liquidity, the tax efficiency, the transparency. What percentage of the assets are in ETFs relative to mutual funds? So I saw the opportunity, and that’s when Global X came along. RITHOLTZ: Wow.

Mutual Funds 63

Mutual Funds Assets Funds Companies 63

Sara Grillo

NOVEMBER 14, 2022

Macchia argues that mutual funds and REITs are not fiduciaries; product manufacturers are typically not. The idea centered on the concepts of simplicity, keeping total investment costs and taxes extremely low and developing a custom investment plan for each client using low-cost asset class and index funds.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Consultants Consulting Education 59

Sara Grillo

APRIL 11, 2022

These services often include recommendations on investments, financial planning, retirement, Social Security, Medicare, tax planning, and other wealth-related topics. An hourly financial advisor is someone who provides financial advisor for a set hourly rate. Hourly financial advisors are not common. Jon Luskin. Rick Ferri.

Portfolios 52

Portfolios Investors Consultants Consulting 52

The Big Picture

OCTOBER 15, 2024

00:13:04 [Speaker Changed] So the most of what APAR focuses on our private, our public markets, stocks, bonds, mutual funds, ETFs. And then on top of that, it’s really stressful for a lot of people to get all their clients into these things ’cause there’s just lots more paperwork, lots of messes, lots of legal stuff.

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Venture Capital Private Companies Hedge Funds Capital 58

The Big Picture

OCTOBER 21, 2024

You know, mutual funds were very siloed and, and now they’re, they’re a bit wider mandates. He had been a tax lawyer. I think having some understanding of, of the legal framework as, as that’s become, has always become such a big deal to get into, let’s say stress, distress out of favor.

Hedge Funds 58

Hedge Funds Banks Leveraging Finance 58

The Big Picture

MAY 9, 2023

So how do you then go from tax and audit practice to finance and investing? If I’d moved to Hong Kong, I think it would have looked like a fairly self-serving tax trade. And what I found was it was just a phenomenal training ground for somebody who wants to then go on to invest, especially doing more micro-level analysis.

Liabilities 118

Liabilities Assets Banks Hedge Funds 118

Pension Pulse

MAY 8, 2023

Independent Clinical Services, a company owned by Blackstone, was founded to have evaded £3 million in taxes in 2012 alone, the letter said. which sponsors various projects on science and religion, was founded by mutual funds entrepreneur Sir John M. The Templeton Foundation of West Conshohocken, Pa.,

Due Diligence 52

Due Diligence Pension Funds Education Funds 52

The Big Picture

AUGUST 15, 2023

Are most people better off in an index fund than playing with an active manager, be it mutual fund or high fee hedge funds? SEIDES: John Yeah, I said back then, the bet started in 2007 and I say today, being in the market and investing in hedge funds is completely apples and oranges. I like Buffett’s idea.

Hedge Funds 52

Hedge Funds Funds Capital Assets 52

The Big Picture

MARCH 27, 2023

RITHOLTZ: It’s mutual funds. It’s hedge funds. And you go through what the endowment is invested in, and there are a few sites that do this because they have to do tax filings. I don’t have a genius idea to say, you know, those endowments should invest with mutual funds at 5 bps a fee.

Hedge Funds 113

Hedge Funds Funds Assets Finance 113

The Big Picture

APRIL 25, 2023

I mean, at first, I got out of undergrad, and a degree in finance coming out of a small college at the time, Quinnipiac College, the gigs I was offered were essentially customer service jobs at mutual funds, call service, manning the phones, which I was no stranger to. RITHOLTZ: Compliance, legal, and risk. HAMBURGER: Exactly.

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Legal Law Firms Consultants Consulting 63