Posted by William Byrnes on April 26, 2011
FINRA and the SEC are actively examining private placements and the firms that sell them. If the regulators believe that something is amiss, they won’t hesitate to impose severe fines on everyone involved in the sale.
FINRA has issued sanctions against two firms and seven individual principals of those firms. FINRA accuses them of causing significant investor losses by failing to conduct a reasonable investigation before offering the private placements for sale to investors.
Read this two-page article by linking to AdvisorOne – a National Underwriters Summit Business open-access original content wealth management news portal.
Posted in Compliance, Wealth Management | Tagged: Business, Canada, Company, Financial Industry Regulatory Authority, law, Private placement, Security, U.S. Securities and Exchange Commission | Leave a Comment »
Posted by William Byrnes on September 30, 2010
The business owner who supports his parent, or an adult family member, may be missing an opportunity to lower his tax burden. In the context of a properly established insurance funded buy-sell agreement, small business clients have an opportunity to provide an adult family member with a fixed income while also protecting the client’s interest in the business and avoiding adverse tax consequences.
Read the analysis by our experts Robert Bloink and William Byrnes located at AdvisorFX Journal The Planning Opportunity Presented When a Client Supports a Parent
Posted in Uncategorized | Tagged: Business, Company, Fixed income, insurance, Magazines and E-zines, Marketing, Small business, tax | Leave a Comment »
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