Networth Financial Planning

FINRA rules pushed sketchy brokers toward insurance registration: Study Nearly all the brokers who dropped their FINRA registration in the wake of tougher rules kept their insurance licenses, according to newly published research.

Why wait? 4 reasons to file for Social Security early From tax concerns to investing opportunities, there are a surprising number of benefits to claiming on the earlier side.

Schwab Market Update With fresh trade news thin, stocks rebounded from Monday's sharp losses and the 10-year yield fell as investors awaited Tesla's earnings and saw mixed results from defense firms.

Managing Taxes in Retirement As you approach and enter your golden years, calculating your tax obligations could be tricky.

Guide on Taking Social Security: 62 vs. 67 vs. 70 You may be eligible to collect Social Security as early as 62, but waiting until age 70 yields greater benefits for most people. Here's help on how to decide.

How to Minimize the Risk of an IRS Audit A number of tax audits result from preventable mistakes. Here are the five most common audit red flags—and what to do to avoid them.

A wealthy client transferred a stock fortune. Wells Fargo owes $3.4M for not stopping her A FINRA arbitration panel sided with a claimant who contended Wells and one of its advisors should have recognized telltale signs of elder fraud when their client decided to give away tens of thousands of shares of Aflac stock.

Senate passes Social Security Fairness Act, but at what cost? The bill now heads to President Biden's desk, but supporters and critics alike worry about how it will be funded.

UBS to pay $3.5M fine for failing to monitor frequent trades Regulators accused UBS of not doing enough to monitor 22 brokers who generated commissions and sales concessions of syndicate preferred stocks.

Schwab says ex-advisor made off with thousands of client records While at Schwab, Roberto Ortega worked with clients whose accounts held more than $1.5 billion. A lawsuit seeks to bar him from soliciting their business for his new employer.