Department of the Treasury

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  Pershing Expands Offerings From BNY Mellon Parent to Advisors, BDs

  By James J. Green, AdvisorOne  |  June 5, 2013

  Chairman Shea says his expanded responsibilities include “unlocking the value of all of BNY Mellon."

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  Which State’s Residents Are Smartest With Money?

  By Melanie Waddell, AdvisorOne  |  May 29, 2013

  A just-released study from the FINRA Foundation ranks the states on several measures of "financial capability," like paying off debt and saving for emergencies.

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  When Clients Outlive Their Longevity Insurance: QLACs

  By Robert Bloink, Esq., LL.M., William H. Byrnes, Esq.  |  April 3, 2013

  Favorable IRS treatment makes QLACs—deferred annuity products—more appealing, but their flip side is that the client may not live long enough to reap the longevity benefits. Treasury is proposing a solution.

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  AIG Back in the Mortgage Business

  By John Sullivan, AdvisorOne  |  March 6, 2013

  In a stark reversal of “no second acts in American lives,” AIG announced on Wednesday that it’s decided to rejoin the mortgage world.

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  New Hire Roundup: U.S. Bank Wealth Management Welcomes Mook

  By Marlene Y. Satter, AdvisorOne  |  March 6, 2013

  This week in new hires, David Mook joined U.S. Bank Wealth Management, and Sterne Agee welcomed Robert Mohs to its Chicago office.

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  IRAs: In General

  By Tax Facts Online  |  March 4, 2013

  Individual Retirement Accounts are highly popular tools for contributing funds that grow on a tax deferred basis. Depending on the type of IRA, the accumulation can be tax free.

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  SEC Names Hoecker Inspector General

  By Melanie Waddell, AdvisorOne  |  January 29, 2013

  The SEC announced Tuesday that it has named Carl W. Hoecker as its Inspector General. Hoecker currently serves as inspector general for the U.S. Capitol Police and will replace David Kotz, who left the SEC last year.

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  Four More Years? Fiduciary Proponents Need to Regroup

  By Knut A. Rostad  |  January 10, 2013

  To prevent four more years of fiduciary gridlock in Washington, proponents of the fiduciary standard for all need to regroup. Proposed: four steps to change the discussion.

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  Obama’s Treasury Secretary Pick Is Said to Be Jack Lew

  By John Sullivan, AdvisorOne  |  January 9, 2013

  Nomination would signal White House intent to “keep Treasury close” to its sphere of influence.

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  New Hire Roundup: LPL Financial Welcomes Lochan

  By Marlene Y. Satter, AdvisorOne  |  January 9, 2013

  This week in new hires, Brendt Stallings and Husam Nazer joined DoubleLine, the MSRB board announced that it is looking for a few good applicants, and Citi named two new co-presidents.