Tobias Salinger

3 weeks ago | financial-planning.com | Tobias Salinger

Rising pay for college athletes brings more planning risks and opportunities, prompting a new collaboration that will send Morgan Stanley financial advisors to campuses around the country. Morgan Stanley Global Sports & Entertainment and "name, image and likeness" technology and management firm are teaming up with National Collegiate Athletic Association conferences and university athletic departments to deliver financial education to student athletes, the firms said .

3 weeks ago | financial-planning.com | Tobias Salinger

This story is the third in a series Financial Planning Chief Correspondent Tobias Salinger is writing on how to build a successful RIA. to read the first story on when advisors should consider starting an RIA and to get the second piece on the right timing to leave a wirehouse. Also, find the series by . Of all the factors that influence financial advisors' decisions about whether to change firms or break away to start their own, few carry as much weight as a potential lawsuit.

3 weeks ago | financial-planning.com | Tobias Salinger

Even after the biggest May jump in 35 years for the S&P 500, investors' understandable confusion about the future of tax and tariff policies and inflation is driving a lot of anxiety. The S&P's value last month, alongside a 4% gain in the Dow and 10% surge in the Nasdaq index — a stark reversal from the steep losses surrounding President Donald Trump's announcement of substantial tariffs, which he later paused for 90 days.

1 month ago | financial-planning.com | Tobias Salinger

The more value that investors can receive in the form of long-term capital gains rather than ordinary income, the less they will pay back to Uncle Sam. Those in the 20 counties below ranked by the average net capital gains reported on their federal returns to the IRS are getting above-average appreciation on their assets with much lower tax rates, generally, than their incoming income, last month by advisor lead generation and client matchmaking service SmartAsset.

1 month ago | financial-planning.com | Tobias Salinger

An IRS proposal to drop a Biden administration rule targeting basis-shifting strategies by complex partnerships is getting support from key stakeholders, as well as calls for further relief. But critics argue that dropping the regulation would let wealthy tax cheats off the hook. Even those who advocate getting rid of the rule say the IRS must take more action to remove enforcement risks around partnership basis-shifting strategies.