Tracey Longo

6 days ago | fa-mag.com | Tracey Longo

The professional bar association for investor attorneys is accusing the Financial Industry Regulatory Authority (Finra) of increasing professional requirements for arbitrators without public notice or input, making it more difficult for aggrieved investors to access a “jury of their peers.” The Public Investors Advocate Bar Association (PIABA) said in a statement that it “condemns” Finra “for implementing sweeping changes to new arbitrator qualifications without consulting investor advocates...

6 days ago | fa-mag.com | Tracey Longo

As women increasingly take the reins of American wealth, financial advisors face both a profound challenge and a unique opportunity—in learning how to serve this powerful and expanding demographic with the nuance, empathy and insight women demand. By 2030, women are expected to control more than half of the nation’s wealth, an unprecedented shift that is already reshaping the financial services industry and the way women advisors do business.

1 week ago | fa-mag.com | Tracey Longo

The “One Big Beautiful Bill,” a legislative package of tax and policy changes recently passed by the House of Representatives, has fueled renewed debate over the taxing of Social Security benefits. During his campaign for president, Donald Trump promised to eliminate taxes on those benefits entirely. But that promise is not reflected in the House bill.

1 week ago | fa-mag.com | Tracey Longo

Moms who work as financial advisors report above-average earnings and strong career satisfaction, according to a new survey taken by consulting firm the Ensemble Practice.

2 weeks ago | fa-mag.com | Tracey Longo

What Congresses gives with one hand, it often takes away with the other and that is the case with the “Big, Beautiful Bill” when it comes to advisors who use a pass-through entity model. On the plus side, the bill passed by the House yesterday would increase the state and local tax (SALT) deduction cap to 40%. But the bill would deny RIAs the benefit of pass-through entity-level tax deductions that had previously allowed them to work around the SALT cap.