Depositing all or a portion of the money your kids have earned mowing lawns, selling lemonade or babysitting into a traditional savings account is good and fine, but diverting those same dollars to a Custodial Roth IRA could be the difference between teaching them to save AND teaching them to invest….a small difference now than can make a very big difference later.
A snapshot of the best RIAs across the US, listed by state. Plus: the trouble with bitcoin; millennials’ influence on ESG investing; and how regulatory limbo confuses clients … more in Financial Times.
With last month’s deadline to comment on the SEC’s proposed limits on funds’ use of derivatives now passed, asset managers aren’t the only ones preparing in advance for a final ruling. … more in Financial Advisor IQ.
After more than six years using Wells Fargo Advisors’ independent network, FiNet, advisor Michael Eddy left in August to form his own RIA. The firm, Berkeley Capital Partners, now manages more than $400 million. … more in Financial Advisor IQ.