The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Microsoft Reveals IRS Notice Asking for $28.9 Billion in Back Taxes

Microsoft owes the Internal Revenue Service (IRS) $28.9 billion in back taxes, not including penalties and interest.

Wells Fargo Rolls Out Financial Planning Tool to Almost 70 Million Customers

Wells Fargo will expand access to a financial planning tool to nearly 70M customers after initially offering it to wealth clients earlier this year.

Bond Traders Are Starting to Bail on Winning Yield-Curve Bet

Bond investors are starting to back away from what’s been one of the few bright spots for them this year.

Top Economist Mohammed El-Erian Warns Markets Got ‘Drunk on Support’

Markets got ‘drunk on support’ from central bank ‘BFFs’, and now he’s more comfortable keeping his fortune in cash.

Banks Need to Prove How They Can Survive Higher-for-Longer Rates

JPMorgan Chase CEO Jamie Dimon recently warned about the possibility that interest rates could surge as high as 7%.