|
|
|
September 2008,
Vol 1, Issue 3
|
|
Sign Up  Archive
|
|
|
|
 Business Models
for Advising the Ultra Affluent
Scott D. Welch
The individual
consulting model is a direct descendant of the institutional model. That
said, success in the wealth management business requires that a
wealth manager recognize that the institutional model does not
necessarily translate well to the world of the ultra affluent.
|
|
|
|
 Harvest Your Capital Gains?
Think Hard Before Voluntarily Paying a Tax
Robert N. Gordon
U.S. investors commonly
believe capital gains tax rates will increase and that they should
recognize gains to take advantage of the current lower rate. For long-term
investors, deferral benefits can outweigh capitalizing on the current
lower tax rate, and the basic concepts apply to non-U.S. investors as
well.
|
|
|
|
 Choice of Savings
Vehicles When Saving for Retirement
William
Reichenstein, CFA, and Thomas Trainor, CFA
Increasingly,
investors in different countries can choose between retirement
savings vehicles. The investor’s current and future
tax rates affect the decision, but contribution limits, minimum
distributions, and the availability of other retirement accounts play a
role as well.
|
|
|
|
 Selecting Single-Manager Hedge Funds for
Private Client Advisers
Richard Boutland,
CFA
Hedge funds are
an attractive investment vehicle for many private clients. This
article discusses some operational and organizational factors that
wealth managers should consider in performing a hedge fund search.
|
|
|
|
 Exit Tax for Expatriates from the United
States
Philip Marcovici
Recent changes
to the U.S.
expatriation regime are dramatic and in many respects sensible,
somewhat simplifying the earlier regimes. Similar to the approach
taken by Canada in relation to departing residents, the United States
now officially imposes an “exit tax”...but
with some surprising and expensive longer term consequences.
|
|
|
