Accounting Today articles from July 2007

Accounting Today archives from July 2007

Ready For Launch: The pre-flight checklist for launching your own financial planning practice is complicated - and may not be for everyone.
July 9, 2007... Thinking about expanding your services to encompass financial planning? Ask yourself this: Are you entering into the business for the right reasons? "I think the first thing a CPA should consider is the why. Why do they want to be in the...

Tax Bargains: White sale: Vendors tout tax software promos.
July 9, 2007... Now that summer is here, tax preparers have time for trial runs of different software to see if there's a program that might be a better fit for their practices. Vendors, meanwhile, see this time as an opportunity to get a head start on...

Small biz remains critical over 404 revisions: 'Neither the PCAOB nor the sec, at least based on what has been publicly released, has done any quantitative analysis of the cost reductions they expect to achieve.'.
July 9, 2007... WASHINGTON, D.C -- Small business concerns over Sarbanes-Oxley Act compliance resurfaced on Capitol Hill as the Securities and Exchange Commission and the Public Company Accounting Oversight Board came under new pressure to delay costly and...

Correction.(Correction notice)
July 9, 2007... As a result of an editing error, "When SOX meets ERM" (June 4-17, 2007, page 14) incorrectly attributed a quote to Michelle Scott, of the Institute of Internal Auditors Research Foundation. In fact, the quote came from a book, Four Approaches...

Connecticut poised to battle GASB.(generally accepted accounting principles )(Brief article)
July 9, 2007... HARTFORD, CONN. -- A bill before the Connecticut State Senate would give its state comptroller the legal authority to establish generally accepted accounting principles for the state's financials, thereby sidestepping the Governmental...

GASB adjusts reporting on pension funds.(Governmental Accounting Standards Board)
July 9, 2007... NORWALK, CONN. -- Pension fund disclosures will soon look more like those of other post-employment benefits under a new statement issued by the Governmental Accounting Standards Board. Statement 50, Pension Disclosures, amends Statement 25,...

In Brief.(J.H. Cohn L.L.P.'s merger with Haggett, Longobardi and Company L.L.C.)(Carl Levin's bill on executive stock options)(United States. Internal Revenue Service's program to reduce tax gap)
July 9, 2007... J.H. COHN ADDS CONNECTICUT FIRM ROSELAND, N.J. - Northeast super-regional CPA and business advisory firm J.H. Cohn has merged with Glastonbury, Conn.-based Haggett Longobardi, effective June 1. Terms were not disclosed. Going forward,...

Editor's desk: Back to work.
July 9, 2007... Someone far more experienced in the art of negotiation once told me that if you go into a meeting asking for 10 concessions, be prepared to receive about half of them. I once employed a similar strategy with my parents - with less-than-stellar...

Commentary: A court expands accountants' liability.(Overton v. Todman and Co.)(Case overview)
July 9, 2007... In February, the U.S. Court of Appeals for the Second Circuit reversed a lower court decision and held a closely held corporation's auditor primarily liable under Sec. 10(b) of the Securities Exchange Act of 1934 and Securities and Exchange...

Specter of tax-strategy patents looms over profession.
July 9, 2007... Think you've come up with a perfect tax strategy for your high-end clients? Before you go ahead with it, you might want to check if it's been patented. You're liable to be sued for patent infringement if someone else thought of it first. ...

In Brief.(Michael Enzi's taxation on internet shopping)(United States. Internal Revenue Service's Low-Income Taxpayer Clinics )
July 9, 2007... CONGRESS EYES INTERNET TAXES WASHINGTON, D.C. - Two bills circulating on Capitol Hill are looking at different ways to generate tax revenue from the Internet. Recently, a number of state and local governments have resumed a lobbying...

Small Business and Work Opportunity Act of 2007: Follow the money!
July 9, 2007... One way to judge which are the most significant provisions in the Small Business and Work Opportunity Tax Act of 2007 - signed by President Bush on May 25, 2007, as part of a larger bill focused on war funding - is to look at which provisions...

Audit boards, academics to re-assess audit reports.(American Accounting Association)(Auditing Standards Board)(International Auditing and Attestation Standards Board)
July 9, 2007... NEW YORK -- Two auditing standards boards and an association of accounting academics are moving forward with a research project that could lead to significant changes in the content and phrasing of audit reports, perhaps even in the procedure...

Change of auditors.
July 9, 2007... E&Y DISMISSED AS CYGNE AUDITOR Cygne Designs, a New York-based clothier, dismissed its auditor, Big Four firm Ernst & Young, and named Mahoney Cohen & Co. as its new independent accountant. According to a filing, its former auditor's...

Inspector Clouseau, gnats, camels and financial reporting.
July 9, 2007... This column is approximately the 250th that has appeared under the title of "The Spirit of Accounting." Paul Miller has been around for all of them, and Paul Bahnson for the latest 150. As we were looking ahead to what to write about next, we...

Writing off the myths about donor-advised funds: If your client wishes to donate appreciated stock or complex assets such as hedge fund shares, is the local animal shelter or community theater equipped to handle them?
July 9, 2007... Donor-advised funds have captured headlines since the millennium changed, often for their meteoric rise in popularity. There was an estimated $5.5 billion in donor-advised funds nationwide in 1995, while the current estimate is nearly $20...

In Brief.(United States. Securities and Exchange Commission's rules)(TD Ameritrade Holding Corp. acquired Fiserv Trust Co.)
July 9, 2007... SEC WON'T APPEAL COURT DECISION The Securities and Exchange Commission said that it would ask a court to allow four months for investors and their brokers to respond in light of a court decision affecting an estimated 1 million fee-based...

Lack of planning can hurt family businesses.
July 9, 2007... A new nationwide research study on family businesses commissioned by Seattle-based Laird Norton Co., a diversified financial concern, shows that overwhelming optimism of the owners of family businesses about their future might prove to be...

Software Review: Off-the-shelf accounting is earning respect.
July 9, 2007... Before the advent of the personal computer, computerizing a business' accounting was a daunting experience, costing thousands of dollars just for the software component. Many companies hired a team of programmers to either customize a "turnkey"...

In Brief.(Intuit Inc.'s new accounting software)(Sage Software Inc.'s enhansed SalesLogix 7.2)(NetSuite Inc.'s new accounting software)
July 9, 2007... INTUIT ROLLS OUT NEW LACERTE TRIAL BALANCE UTILITY Intuit Inc. has introduced a new trial balance utility for Lacerte tax software users. Designed to eliminate set-up work, the Lacerte Trial Balance utility allows Lacerte tax software...

IT investments in 2007: This strategy of waiting may prove costly, if not disastrous to some firms in the near future.
July 9, 2007... As firms begin to plan for 2007-2008, they should be wary of relying on previous strategies for technology. Technology will remain an important tool as the accounting profession transforms; but remember, it must be employed with vision,...

Know what you stand for!(accounting firm management)
July 9, 2007... I am still surprised by the number of CPA and IT professionals - from firms both large and small - who are unable to articulate their core values, or the guiding principles of their firm. That is why I wanted to write this article, in the hopes...

New Products.
July 9, 2007... Software & services LACERTE UTILITY Intuit has released a trial balance utility for its Lacerte tax software that allows users to integrate virtually any trial balance data into a tax return, saving an awful lot of time-consuming work....

People.(promotion of Tanja Cebula at Resources Global Professionals)(promotion of Jim Burton at Grant Thornton L.L.P.)(promotion of Mark Marmon at Jefferson Wells International)
July 9, 2007... CALIFORNIA Tanja Cebula has been promoted to senior vice president at Resources Global Professionals, Costa Mesa, and has also been made a member of the executive officer group. COLORADO Jim Burton has been promoted to managing...

Firms.(Bond Beebe is working as part of the Greater DC Cares' Servathon 2007)(RSM McGladrey Inc.'s partnership with DePaul University)(Tofias PC is getting Eastern Massachusetts 2007 Business Hall of Fame award)
July 9, 2007... ONE DOWN, 74 TO GO Bond Beebe, a CPA and advisory firm with offices in Bethesda, Md., and Alexandria, Va., sent a team of 38 firm volunteers to clean, paint, landscape and do light handyman work at Washington, D.C.-based Bruce Monroe...

Coming Events.(Calendar)
July 9, 2007... JULY 9-13: Tax Education Program (Week 3), American Institute of CPAs. University of Illinois, Champaign, Ill. Contact: (888) 777-7077 or www.cpa2biz.com. 10-12: Worldwide Partner Conference, Microsoft. Colorado Convention Center,...

Do Your Research.(education on financial planning for clients and employees)
July 9, 2007... There are many resources available for new financial planners and those looking to venture into the area. The Financial Planning Association, at www.fpanet.org, offers an online community called the FPA Cafe, a marketing toolkit, and benchmark...

Advertiser Index.
July 9, 2007... Advertiser Page 1st Global 19 ADP Small Business Services 15 ATX 23 BNA Tax Management 9 CCH Tax Group 40 HD Vest Financial Services 21 Illinois Society of CPAs 25 Lacerte 13 LexisNexis...

Document Management: Paperless is more: Document management systems boost efficiency, pare costs.
July 23, 2007... Nearly eight months after implementing their first document management system, employees at San Francisco, Calif.-based Rowbotham & Co. LLP are discovering the benefits of going paperless - or, more accurately, of using less paper. "The...

Who needs GAAP?: SEC proposes allowing non-U.S. companies to use IFRS instead.(generally accepted accounting principles)(United States. Securities and Exchange Commission)(International Financial Reporting Standards)
July 23, 2007... WASHINGTON, D.C. -- In a major step toward an eventual convergence of accounting standards, the Securities and Exchange Commission put out a proposal to allow non-U.S. companies that list on U.S. exchanges to reconcile their financials using...

After years of tweaking, Form 990 revisions are here.(United States. Internal Revenue Service)
July 23, 2007... The new discussion draft Form 990, dubbed "the biggest thing the Exempt Organizations Division at the IRS has done in the last quarter century," by division director Lois Lerner, could be both a boon and a burden for preparers. The...

Experts: Easing middle-class taxes won't help.
July 23, 2007... WASHINGTON, D.C. -- Those in Congress looking to lower the tax burden for America's middle class are likely to make things worse for the nation's working families, independent tax experts warned the Senate Finance Committee. "While it is...

Softening liability insurance market helps hold line on rates.
July 23, 2007... The reduction in the number of malpractice claims against CPA firms in 2004 and 2005 has led to a softening of today's market, according to several of the nation's insurance providers. "It's not exactly soft, but it's softening," said Gary...

In Brief.(United States. Securities and Exchange Commission's service to improve financial reporting)(Rick Perry's rule for accountants)
July 23, 2007... SEC FORMS USER-FRIENDLY REPORTING GROUP WASHINGTON, D.C. - Securities and Exchange Commission Chairman Christopher Cox has established an advisory committee to help make financial reporting more "user-friendly." The SEC Advisory...

Correction.(Correction notice)
July 23, 2007... In the People section of the June 18-July 8, 2007, issue (page 25), Larry Mackowiak was incorrectly identified as based in the Elkhart, Ind., office of Crowe Chizek. In fact, he is based in the South Bend office. (c) 2007 Accounting Today...

Editor's Desk: Ben Franklin's guide to auditing.
July 23, 2007... Benjamin Franklin once defined insanity as doing the same thing over and over and expecting different results. On a personal level, I could have applied this logic to my study habits in high school and college and their subsequent relation to...

Commentary: CPAs I have known - Part 3.(certified public accountant Jacob Stewart Seidman )(Personal account)
July 23, 2007... Over six decades, I have known CPAs from big firms, midsized firms and individual practitioners. Like Will Rogers, "I never met a CPA I did not like." J.S. SEIDMAN Jacob Stewart Seidman was one of 11 children (from several wives) by a...

Adding value to sales tax compliance.
July 23, 2007... Have you heard the joke about the sales tax audit? No one has. There is nothing funny about a sales tax audit. In the U.S., 45 states, the District of Columbia, 4,696 cities, 1,602 counties and 1,113 other jurisdictions impose some form...

In Brief.(Treasury Inspector General for Tax Administration's investigation of United States. Internal Revenue Service)(new taxation law for sport utility vehicles)
July 23, 2007... TIGTA Questions IRS's Questionable Refund Program WASHINGTON, D.C. - A new Treasury Inspector General for Tax Administration audit has found that changes in the Internal Revenue Service's Questionable Refund Program, along with a...

Maximizing the tax benefits of vacation homeownership.
July 23, 2007... Summertime brings with it the "high season" for clients who are seriously considering purchasing vacation homes, or switching from one vacation home to another. The majority are looking to take advantage of certain tax breaks to help them...

GASB wary as Connecticut mulls its own GAAP.(Governmental Accounting Standards Board)(generally accepted accounting principles)
July 23, 2007... HARTFORD, CONN. -- At the request of Connecticut State Comptroller Nancy S. Wyman, the state's General Assembly has voted to allow the comptroller to set generally accepted accounting principles for the state, starting in 2009. Wyman,...

Change of Auditors.
July 23, 2007... DREAMS INC. ENGAGES FRIEDMAN COHEN Sports memorabilia and licensing concern Dreams Inc. has named Friedman, Cohen, Taubman & Co. as its auditor. The Plantation, Fla.-based Dreams operates in three business segments: retail,...

It's time to get real about realization.(financial accounting)
July 23, 2007... With the exploding interest in and acceptance for market-value-based information in financial statements, we thought we would rerun a couple of columns from several years back as part of our summer tradition. This one was published in...

Your top challenges: staffing, pay, profitability.
July 23, 2007... Put a dozen managers and executives from financial planning firms in the same room, and before too long the conversation is likely to turn to the business issue that concerns them all: profitability. Whether they represent a one-person shop or...

In Brief.(Prudential Financial Inc. is closing Prudential Equity Group Inc.)(American College's agreement with Financial Planning Association )(Brief article)
July 23, 2007... PRUDENTIAL FINANCIAL TO SHUTTER STOCK RESEARCH UNIT Life insurance and money management conglomerate Prudential Financial Inc. said that it would shut down its institutional stock research and trading business - Prudential Equity Group -...

AICPA Tech+ highlights IT trends.(American Institute of Certified Public Accountants)(Conference news)
July 23, 2007... LAS VEGAS -- Attendees at the American Institute of CPAs' recent Tech+ Technology Conference were not here to gamble, but, instead, to learn about the latest trends and learn how to harness technology to improve their bottom lines. The...

In Brief.(CPA2Biz Inc. introduce Web site)(Brief article)
July 23, 2007... CPA2BIZ DEBUTS REVAMPED SITE CPA2Biz, the marketing and services portal of the American Institute of CPAs, has unveiled its next-generation Web site, a revamp that includes enhanced content organization and navigation tools, as well as...

Warning: Clients seeking new technology.
July 23, 2007... Though paper may be a security blanket for some firms, digital documents present compelling opportunities and challenges. The accounting profession has been one of the last to adopt digital content management systems, and clients are starting...

Creating employee loyalty.
July 23, 2007... In an earlier article in Accounting Today, I wrote, "Without clients we wouldn't have a firm - but without employees we wouldn't have clients. So when it comes to answering the question of whether it is more important to have client or employee...

New Products.(accounting software)
July 23, 2007... Software & Hardware EASY DYNAMICS Wizard Productivity Systems has unveiled Wizard Accounting Solutions for Microsoft Dynamics, which aims to make it easy to purchase, install and learn the accounting software by offering a turnkey...

People.(appointments)
July 23, 2007... CALIFORNIA Cris Larson has joined Grant Thornton LLP, San Francisco, as senior manager of the Transaction Advisory Services Group for the Western Region. FLORIDA Steve Templeton, the founder and managing partner of Templeton &...

Firms.(Clifton Gunderson L.L.C. won Alfred P. Sloan award for business excellence)(J.H. Cohn L.L.P.'s merger with Haggett, Longobardi and Company L.L.C.)(Daszkal Bolton L.L.P. won 2007 business of the year )(Brief article)
July 23, 2007... ARIZONA The Phoenix office of Clifton Gunderson LLP was named a winner of the Alfred P. Sloan Award for Business Excellence in Workplace Flexibility, a part of the "When Work Works" project, an ongoing initiative of the Families and Work...

Coming Events.(Calendar)
July 23, 2007... July 23-24: Accounting Seminar, Gear Up. Disney's Paradise Pier, Anaheim, Calif. Contact: (800) 231-1860 or www.gearup.com. 23-25: Advanced Estate Planning, American Institute of CPAs. Westin Copley Place, Boston. Contact:...

EU agonizes over fair value.(European Union)
July 23, 2007... BRUSSELS -- The European reaction as to how a proposed standard on fair value needs to be revised in order to be suitable for International Financial Reporting Standards is starting to emerge as a more of a "back to basics" cry. Among...

Advertiser Index.
July 23, 2007... Advertiser Page 1st Global 19 AccountantsWorld 31 ADP Small Business Services 7 Aon Insurance Services 15 CaseWare 4 CCH Tax Group 32 Doc.It 21 Epson 9 Insight Insurance Services 11 ...

Opening Thoughts: Delivering What The Reader Wants.
July 23, 2007... "A goal without a plan is just a wish." So said the great French writer, Antoine de Saint Exupery, author of the classic The Little Prince. We not only have goals here at CPA Wealth Provider but we have a plan to realize them. Our goal is...

Building Wealth: SEC Not Appealing Court Decision: New Restrictions on Brokers.( Securities and Exchange Commission)(Brief article)
July 23, 2007... The SEC says that it will ask a court to allow four months for investors and their brokers to respond in light of a court decision affecting an estimated one million fee-based brokerage accounts. In asking for a 120-day stay of the ruling of...

Building Wealth: Source of Financial Intelligence.(SNL Financial Corp. acquired Kagan Research)(Brief article)
July 23, 2007... SNL Financial, sector-focused provider of business intelligence to investment banks, money managers, and corporations, has acquired media research and analysis firm, Kagan Research. (c) 2007 Accounting Today and SourceMedia, Inc. All Rights...

Building Wealth: New Capabilities for Advisors: Pricing helps smaller advisory firms.(Schwab Performance Technologies's PortfolioCenter )(Brief article)
July 23, 2007... Schwab Performance Technologies has two offers designed to provide choice and flexibility that advisors need from a portfolio management software provider. The programs include a lower-cost pricing model for smaller advisors, PortfolioCenter...

Building Wealth: Comprehensive Suite of Tools from RJ.(Raymond James)(Brief article)
July 23, 2007... Raymond James has introduced a new technology compilation including the Financial Planning Suite, consisting of PlanningStation (SunGard), Forefield, and the Ibbotson Asset Allocation Library, as well as the Client Relationship Manager (CRM),...

Building Wealth: Winning the Battle for Talent: What's important to young CPAs?
July 23, 2007... CCH's new whitepaper, Recruiting and Keeping Up-and-Coming CPAs at your Firm, provides first-hand insight into what's important to young accounting professionals in the workplace today, how firms are measuring up, and what firms can do to...

Building Wealth: Reverse Mortgage Calculator.(CircleLending )(Brief article)
July 23, 2007... CircleLending has announced a reverse mortgage calculator to complement Family Advantage, a private reverse mortgage that is a line of credit funded by relatives or friends of a homeowner and secured by real estate. For more information, visit...

Building Wealth: Debt Still There: Top Five Reasons Seniors are Carrying a Mortgage.(Brief article)
July 23, 2007... Never paid off existing mortgage 34% Took out a second mortgage 21% Receive a tax break 17% Took out a reverse mortgage 1% Other 27% (c) 2007 Accounting...

Building Wealth: Providing Market Data and Research to Vest: Integrating Solutions for Advisors.(contracts of H.D. Vest Advisory Services Inc. and QuoteMedia.com Inc.)(Brief article)
July 23, 2007... QuoteMedia announced an agreement with H.D. Vest Financial Services to provide comprehensive financial market data and research information to Vest Advisors. "H.D. Vest needed the best possible integrated financial data solutions for our...

Building Wealth: On the Book Shelves.(Brief article)(Recommended readings)
July 23, 2007... Turning Pocket Change Into Dollars Easy-to-prevent investment mistakes Saving for Retirement Without Living Like a Pauper or Winning the Lottery by Gail MarksJarvis explains that investing is not rocket science and walks the reader...

Building Wealth: Two New Distinctions for 1st Global: Service to customers.(1st Global)(Dalbar Inc.)(Brief article)
July 23, 2007... Financial market research firm DALBAR has recognized 1st Global with two awards: the DALBAR Service Excellence Award and the Crystal Pyramid Award. The DALBAR Service Excellence Award recognizes achievement of the highest tier of service to...

Building Wealth: Site for Financial Intermediaries: Facilitating due diligence.(T. Rowe Price Group Inc.)(Brief article)
July 23, 2007... T. Rowe Price has launched a new, streamlined Web site for financial intermediaries that provides access to institutional investment content and educational resources approved for client use. Available at www.troweprice.com/fi, the site is...

Building Wealth: Who's Communicating?(Survey)(Brief article)
July 23, 2007... Some 81 percent of married women vs. 44 percent of married men believe that they share equal decisions about financial planning with their spouses. Over 50 percent of men say that they make most of the financial decisions whereas less than 25...

Building Wealth: Membership Features for Financial Advisors.(myStockOptions.com)(Brief article)
July 23, 2007... MyStockOptions.com, an online resource on stock compensation, has launched a new level of membership expressly for financial planners, wealth advisors, CPAs, and anyone who tracks and models equity grants for others. MSO Pro was developed with...

Building Wealth: Managing Private Client Assets.(Brief article)
July 23, 2007... Dalton Investments, a SEC-registered investment management firm serving institutional and private clients, has formed Dalton Advisors to manage private client portfolios. Its strategy, the company says, will be to use low-cost, tax-efficient...

Building Wealth: Altering Landscape of Financial Systems: Helping to create more wealth.(partnership of Leap Systems and Oltis to introduce Wealth In Motion)(Brief article)
July 23, 2007... Leap Systems, along with its software development partner Oltis, has introduced Wealth In Motion, a client-facing application which employs the use of a wealth analytics tool and a financial engine that incorporates financial products, tax...

Building Wealth: Fiduciary Campaign Underway: Designed to educate consumers.(Brief article)
July 23, 2007... The National Association of Personal Financial Advisors (NAPFA) has officially launched its second annual consumer-oriented public service campaign to educate Americans about the need for financial professionals to hold themselves to a...

Building Wealth: Basic Training(tm) ...and Beyond.(National Regulatory Services)(Brief article)
July 23, 2007... National Regulatory Services' Basic Trainingtm for Investment Advisers has been replaced with courses from NRS' new Center for Compliance Professionals, which offers a new compliance certification program for investment advisers. (c) 2007...

Shooting For the Green: A planner who's on par with his clients.(Alan Hambourger )
July 23, 2007... Alan Hambourger is in his mid-50s, a Chicagoan, with a 10 handicap in golf, who has played in the Las Vegas Pro-Am. And, his adeptness at golf is only surpassed by his talent as a financial planner. Moreover, that may be topped by the fact that...

It's Where I Want To Be.(Genworth Financial Securities )(Personal account)
July 23, 2007... Genworth Financial Securities has been focused on helping tax and accounting professionals become successful wealth managers for over 25 years. We have grown dramatically over the last four years through focused recruiting efforts and with the...

Investment Planning: You Can Be Too Conservative: You don't want a failed portfolio.
July 23, 2007... Tennis elbow, or lateral epicondylitis, is the most common injury in patients seeking medical attention with the complaint of elbow pain. The condition is caused by small tears of the tendons that attach the muscles of the forearm to the arm...

5th Annual Financial Planning Awards Call for Nominations.(CPA Wealth Provider)
July 23, 2007... Nominations are now open for CPA Wealth Provider's 5th Annual Financial Planning Awards in the following categories CPA/Financial Planning Firms Broker/Dealers Financial Planning Software Vendors Winners are those firms or...

Wealth Management: Writing Off the Myths.(donor advised funds)
July 23, 2007... Donor-advised funds (DAFs) have captured headlines since the millennium changed, often for their meteoric rise in popularity. According to the Chronicle of Philanthropy, there was an estimated $5.5 billion in DAFs nationwide in 1995. The...

Estate Planning: Gifting with a Residential Remainder Interest: Substantial Tax Deductions Are Available.
July 23, 2007... Many retirees intend to live in their residence until they die or are compelled to move to an assisted living facility. While they may cherish their homes, their children may not feel the same attachment, so there is little motivation to leave...

Investment Planning: Buying Life Insurance in 412(i) Defined Benefit Plans: Looking for Large Deductions In a Qualified Plan.
July 23, 2007... Answer the following by choosing which investment you or your clients would purchase. Assume you invest $100,000 and let it grow for 20 years. At the end of 20 years, Investments A and B have the following balances: Investment A: $200,000...

Financial Planning: Managing Financial Planning Practices: The Top Three Challenges.
July 23, 2007... Sit a dozen or so managers and executives from financial planning firms down in the same room and before too long, the conversation is likely to turn to the one business issue that concerns them all: profitability. It doesn't matter whether...

My Two Cents: Choosing a Fiduciary Advisor.
July 23, 2007... Generally speaking, clients who require financial advice are better served by fiduciaries. Anyone giving advice is acting in a fiduciary capacity. If an advisor is not willing to serve as a fiduciary, a client should be cautious. It may be...