Monthly Market Commentary
Equity markets rebounded to all-time highs; Treasury yields trended higher, which led to declines across fixed income asset classes.
Equity markets rebounded to all-time highs; Treasury yields trended higher, which led to declines across fixed income asset classes.
Should you let recent strong performance in U.S. equity markets deter you from allocating capital if it aligns with your objectives?
Environmental, social and governance on family offices cannot be underestimated, as governance and investment strategy affects wealth.
As economies continue to emerge from COVID-19-induced lockdowns, demand has rebounded more than expected, helping fuel the recent rally.
Third-quarter earnings season may provide market direction. But which direction? Read more to get our thoughts.
Internal audit is being transformed by automation, analytics, and AI. Innovative technology is making it an aspect of the business strategy.
Investors question whether the potential collapse of China’s heavily-indebted real estate developer is China’s “Lehman Brothers moment.”
Business succession financial planning requires introspection. You must quantify core capital needs and define estate and charitable goals.
Before implementing a nonqualified deferred compensation plan, employers should consider the benefits and tax and compliance consequences.
Throughout a plan’s life cycle, employers should consider whether their plans remain compliant and aligned with the organization’s goals.
The S&P 500 Index is sharply higher this year, having posted seven consecutive monthly gains through August while notching 53 record highs.
IRA beneficiaries can now be stuck with a very tax-inefficient asset after the owner’s death. Learn the solution.
Value stocks’ performance this year relative to their Growth counterparts relates to telling dynamics influencing interest rates.
The middle market’s appetite for infrastructure improvements could affect portfolio companies and the tax profiles of wealthy families.
July was, on balance, a good month for investors. Many broad market indexes across equity and fixed income posted positive returns.
Investor sentiment is waning according to one popular gauge, and it just did something that hasn’t happened since the Taper Tantrum in 2013.
China’s latest move to tighten industry regulations prompted a “sell first and ask questions later” response from investors.
Economic momentum underpins positive global equity returns causing gyrations in interest rates, hampering fixed income returns.
EPCRS is a summary of the rules that the IRS uses to assist employers in correcting retirement plan mistakes without disqualifying the plan.
Yields on longer-term Treasuries have recently retreated. We examined several key factors behind the moves and what to watch going forward.
Employers have options for reimbursing employees for health insurance premiums and expenses on a tax-advantaged basis.
A retirement plan is required to maintain contact information for participants and beneficiaries who are owed a benefit under the plan.
Proposed changes to capital gains tax rates, review of benefit and considerations for systematic Tax Loss Harvesting and more.
Value stocks have outperformed year to date. We look at what may lie ahead to see if this trend can continue. Read more.
With the popularity of target date funds, plan sponsors face critical decisions when determining an investment lineup.
In this issue of the Retirement Advisory Report, we discuss 2021 updates to regulations that may affect you and your retirement plan.
Global capital markets posted modest gains during May with value stocks outpacing their growth counterparts and international markets.
Inflation influences Fed policy, and both impact stock prices. Our analysis of equity performance during various regimes may surprise you.
Recent economic data has stoked inflation fears. The question is whether these signs of upward price pressure are cyclical or structural.
Gains in emerging markets stocks failed to sustain further advances so far this year. Let's look at some of the key drivers.
U.S. business activity registered a substantial increase at the end of the first quarter of 2021. Find out why.
Investors are watching earnings to gauge the extent to which corporate profits are being impacted by supply chain issues and more.
Repaying student loans is a win, but employees are missing out on contributing to their retirement and employer matching contributions.
March was another strong month for risk assets, especially in the U.S. as vaccine manufacturing and distribution ramped up.
An increase in long-term capital gains rates may be cause to re-evaluate your portfolio, but our analysis suggests the market may not care.
S&P 500 corporations are poised for their largest year-over-year increase in quarterly earnings in a decade. Read more.
In this issue, we discuss updates to regulations that may affect you and your retirement plan. Learn more now.
Near term, headlines for REITs may remain challenging, especially as pandemic recovery efforts ebb and flow. Learn more.
Equities rallied, notably small cap and value stocks, amid more vaccine progress and the anticipation of more stimulus.
Individuals may be eligible for a valuable incentive to reduce federal income tax liability for contributing to a 401(k) plan.
While we are constructive on near-term markets, we will focus on the rebound in business activity following progress with the vaccine.
While global economic activity increased in late 2020, the pace of recovery may be poised to moderate sequentially.
Learn the importance of discussing with a plan advisor how best to customize plan fees based on circumstance and available options.
What many ERISA plan sponsors consider “reasonable” fiduciary responsibility for plan document retention may not comply with IRS rules.
The Department of Labor is working on guidance addressing cybersecurity issues as they relate to plan sponsors and third-party providers.
A consequence of COVID-19 reductions is potential partial plan termination. Learn the requirements of a partial plan termination.
The responsibility of selecting and monitoring the plan’s menu of investments is designated to a retirement plan investment committee.
Plan sponsor actions to incorporate the provisions of the SECURE and CARES Acts into their plan documents and plan administration.
In this issue, we discuss how to best handle 2021 after a tumultuous 2020. Other topics include labor and workforce, human capital and more.
November displayed the forward-looking nature of markets as global equities reacted positively that a vaccine may be distributed in 2021.
IRS guidance on the 15% maximum on automatic contributions, 401(k) and 403(b) plan safe harbor requirements, and plan loan offset rollovers.
Market dominance by a narrow number of stocks has tempted investors to abandon diversification which is not the best long term strategy.
Rising COVID-19 cases and a failure from policy makers to pass further fiscal stimulus weighed on equity markets.
In this issue, we discuss financial wellness and the benefits to your workforce.
Many limitations, including the 401(k) elective deferral limit for employee contributions, remain unchanged from 2020 levels.
U.S. dollar strengthened in September as the existing monetary stimulus wane and expectations for fiscal stimulus before the election fade.
In response to extreme bouts of market volatility, index providers disregard their standard rebalancing practices.
Sustained upside inflation risks remain low despite recent stimulus measures, but inflation dynamics are fluid.
In this issue, we discuss four red flags that the IRS and the Department of Labor look for on Form 5500 filings.
The U.S. Department of Labor has issued necessary regulations for service providers that want to offer PEP arrangements to their clients.
The DOL’s lifetime income disclosure rule will increase costs and information required for benefit statements in defined contribution plans.
These proposed regulations apply to the extension of time to rollover participant loans provided by the Tax Cuts and Jobs Act (TCJA).
Reopening risks weighed on midstream energy performance and relatively attractive yields benefited real estate.
These Frequently Asked Questions will help you understand the stock options you have been granted and their tax consequences.
In regard to fixed income, nominal Treasury yields fell across the curve and positive risk sentiment benefited credit spreads.
DOL proposes prohibited transaction exemption for Financial Institutions and Investment Professionals providing advice to participants.
Due to the COVID-19 pandemic and economic crisis, the IRS will permit employers to adopt midyear amendments to plan contribution formulas.
Municipal bonds have a long history of capital preservation in stressful periods and enjoy a number of foundational strengths.
Notice 2020-51 affords welcome additional flexibility for individuals to deal with required minimum distributions they took in 2020.
The proposal concerns ERISA plans that make investment decisions based on environmental, social and corporate governance (ESG) factors.
Guidance relating to the application of the Cares Act to coronavirus-related distributions and loans from retirement plans.
Investors can expect continued accommodative monetary policy and should recognize the Fed’s willingness to employ necessary emergency tools.
Global assets continued to recover in May but year-to-date returns broadly remain negative with the exception of fixed income.
Plan participants may use an electronic system facilitating remote notarization or witnessing if executed via live audio-video technology.
Fiscal and monetary policy response to the global pandemic drive April performance in fixed income and equities markets.
Notice 2020-23 postpones the due date for Form 5500 (Annual Return/Report for Employer Plans) filings for some plans.
Flight to safe haven assets and a halt in economic activity drive performance in fixed income and equities markets in first quarter 2020.
Job losses and hardships have some investors tapping into employer-sponsored retirement savings. Learn what questions you may face.
Employers should review retirement plan provisions for employee assistance and cash saving opportunities in response to economic conditions.
In this issue of Retirement Report we discuss several areas that influence plan sponsors and fiduciaries of defined contribution plans.
Because of COVID-19 concerns, the IRS is extending pending deadlines for employers to adopt updated 403(b) retirement plan documents.
While volatility remains, we think the actions of the Fed and policymakers will eventually help to stabilize markets and restore liquidity.
In this podcast, learn what provisions of the SECURE Act are likely to affect your financial, tax and estate plans.
In response to concerns about the economic fallout from COVID-19, the Federal Reserve (Fed) cut their policy benchmark rate mid-cycle.
Is the coronavirus the only factor driving recent market volatility? RSM US Wealth Management discuss the elevated market uncertainty.
U.S. equities were flat as concerns grew about the impact of the coronavirus on global economies, which increased volatility last month.
Risk assets were off to a strong start in 2020, but that abruptly reversed the last week of January. Read more.
Investors are now asking what, if anything, will derail markets from moving higher. Will a reversal in 2020 mean we’re back to the races?
In this issue, we discuss the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) potential effect on plan sponsors.
Equities values broadly outperformed growth during the month of December, led by technology, energy, utilities and healthcare.
The SECURE Act makes changes affecting retirement benefits in qualified plans and in IRAs for both the employers and individuals.
The Act’s significant implications for individuals’ retirement and estate planning suggests that they consult with their advisors…now
IRS guidance establishes amendment deadline for 401(k) and other retirement plans to comply with new hardship distribution rules.
IRS issues guidance on voluntary employees’ beneficiary associations (VEBAs) and supplemental unemployment benefit trusts (SUBs).
United States equities reached new highs in November and continued to gain on a mix of supportive monetary policy.
U.S. equities gained on strong employment and corporate earnings in October, suggesting that the U.S. economy is holding steady.
The IRS issues proposed regulations to update the life expectancy tables to reflect current, longer life expectancy rates.
The IRS publishes applicable annual limitations and maximums for retirement plans, resulting in small increases for 2020.
It is important for investors to focus on long-term strategic asset allocation in the face of short-term economic headwinds.
In this issue: IRS guidance on uncashed retirement distribution checks and reasons to integrate HSAs into your company's retirement plan.
The IRS issued final regulations on the 401(k) plan hardship distribution requirements as amended by tax reform (T.D. 9875).
Recent investor headlines have focused heavily on the inversion of the U.S. yield curve. What’s the real story for investors?
An interest rate cut fulfilled market expectations, but a lack of future stimulus measures caused a market sell off at the end of July.
A new comparability plan is a qualified defined contribution profit-sharing plan that’s age weighted and common among small businesses.
Small business owners may be able to increase tax-beneficial retirement contributions with the use of a cash balance plan.
U.S. equities rebound to a record high in June. The advance was fueled in part by investors’ expectations of an interest rate cut.
At June’s FOMC meeting the Federal Reserve left the target federal funds range unchanged, but signaled possible rate cuts in coming months.
Domestic equities fell as United States and China trade rhetoric heightened and investors weighed unexpected U.S. tariffs on Mexico.
Specially designated districts designed to fuel economic growth where development has been stagnant offer investors tax-saving options.
What can investors with a long-term time horizon do to protect their portfolios from the next financial storm?
Market volatility has spiked amid U.S.-China trade relations. Could we see some weakness in U.S. supply chains that rely on Chinese imports?
Learn about the latest investing trends, the rationale behind them and best practices to building an investment menu for your employees.
Recent economic indicators and market activity are sending mixed signals. How should investors reconcile this information?
U.S. equities advanced as Federal Reserve officials continued to weigh the risks of raising interest rates amid global growth concerns.
Internal Revenue Service expands determination letter process to statutory hybrids and merged plans, effective Sept. 1, 2019.
The new Qualified Opportunity Zone regulations answer many questions that favor taxpayers, though some questions remain.
U.S. equities advanced as Federal Reserve Chairman, Jerome Powell, affirmed the central bank’s decision to halt rate increases.
We recently celebrated the 10-year anniversary of the S&P 500 ascending from its low in March 2009. What does this mean for investors?
Strong employment data and earnings reports eased worries about a potential economic slowdown despite the U.S. partial government shutdown.
Federal Reserve officials left the federal funds rate unchanged at their January meeting to a range of 2.25 to 2.50 percent.
Most retirement plan limitations see small increases from 2018 to 2019, including IRAs for the first time since 2013.
Learn the key ownership and business readiness steps taken to successfully transition this family business from generation to generation.
Aperio Group, LLC recently announced that Golden Gate Capital plans to acquire an 85 percent majority equity stake in the firm. Learn more.
Insights on the latest plan options and how to evaluate and ensure you are getting the most out of your retirement plan.
Learn how RSM US Wealth Management periodically examines their asset allocation process and the outcome of a recent review.
Providing for greater investor tax efficiency of investment portfolios is an active, dynamic, ongoing and client-specific process.
Business owners need to consider the impact tax reform has on the benefits of retirement plan contributions.
The 60 percent of adjusted gross income limit for charitable gifts of cash may not be available to donors who diversify their major giving.
Before investing, know the unpredictable nature of cryptocurrency, as well as potential security, regulatory, accounting and tax issues.
Appropriate planning techniques make it possible to maximize return, enhance tax efficiency and satisfy philanthropic ambitions.
The IRS released its annual retirement plan limitations for 2018 with few increases, while others remain the same.
How can you design a plan that attracts and retains highly compensated employees? There are several opportunities in nonqualified plans.
Periodic self-audits can help ensure a company’s employee retirement plan is in compliance with the Department of Labor’s fidicuary process.
The DOL’s new fiduciary rules significantly expand the activities and roles that make someone an employee retirement plan fiduciary.
This video clip examines the personal liability retirement plan fiduciaries assume and why plan sponsors should indemnify them.
This video clip examines the importance of fiduciary education and resources that can be utilized for training and education programs.
This video clip examines why hiring an entity to handle retirement plan fiduciary responsibilities can reduce liability.
This video clip examines transferring plan sponsor risk by use of fiduciary liability insurance and steps needed to implement the insurance.
This video clip examines how ERISA defines prudence, the procedural prudence process and the importance of implementation.
This video clip examines what a plan fiduciary is, how to limit fiduciary liability; and proposed DOL fiduciary rules.
This video clip examines participant fee disclosures, fee levelization and the importance of understanding your plan's cost.
This video clip examines the importance of conducting self-audits to make sure your plan is being administered in accordance of ERISA.
This video clip examines protections provided by ERISA 404(c), eligibility rules and the importance of complying with them.
This video clip discusses drafting employee retirement plan policies and charters and the importance of documentation.
Fiduciaries of employee retirement plans are liable for losses due to any breach of duty, making it critical to have controls in place.
Our presenter shares how to optimally work with your advisors on some of the more unfamiliar pitfalls and risk areas in estate planning.
Secretary of Labor to analyze the impact of implementation of the conflict of interest rule and related exemptions.
Family offices can streamline operations to gain efficiency across many strategic areas, including tax planning, accounting and bill pay.
Planning for and managing through a business succession means thoughtfully and objectively answering three important questions. Learn more.
The IRS clarified that employees of a single-member LLC may participate in the sections 403(b) and 457(b) plans of the tax-exempt member.
Understanding the Department of Labor's regulations and how they pertain to your company's retirement plan.
Understanding the Department of Labor's regulations and how they pertain to your company's employee retirement plan.
Learn about asset location, where investors purchase and hold various types of investments with the goal of maximizing after-tax returns.
Pension max is often offered to individuals as a way for couples to more affordably manage life insurance expense. But as with many financial ...
Firms and individuals providing investment advice to an employee plan or an IRA may be investment fiduciaries.
If it has been more than three years since your organization has benchmarked its retirement plan, it’s time to do it this year.
Taxpayers cannot avoid the Roth IRA contribution limitations by transferring amounts to a business owned by the Roth IRA.
Two tax court cases remind individuals to be careful in the management of their self-directed individual retirement accounts (IRAs).
Our Feb. 25 webcast will discuss best practices for benchmarking retirement plans, the importance and how to benchmark a retirement plan.
Mark Zuckerberg, the 31-year-old co-founder of Facebook and billionaire, and his spouse, Priscilla Chan, pledged recently to donate 99 percent of ...
Learn why commodity exposure can be additive to an investment portfolio over the long term.
McGladrey Wealth Management LLC was recently ranked No. 4 on Accounting Today’s ninth annual list of Top Billion Dollar Club Firms by AUM.
Determining U.S. reporting and tax obligations resulting from an individual’s foreign pension plans differs by plan and may be challenging.
Learn about risk considerations to weigh related to hedging and global fixed income investing.
McGladrey LLP announced the acquisition of substantially all the assets of Pacilio Wealth Management by McGladrey Wealth Management LLC.
Accounting Today received submissions for the 2014 AUM rankings from more than 200 CPA firms with financial planning practices or subsidiaries.
List recognizes top registered investment advisory firms
Financial Advisor Magazine Ranks McGladrey Wealth Management No. 28 on 2013 Registered Investment Advisor List
Accounting Today received submissions for the 2013 AUM rankings from more than 200 CPA firms with financial planning practices or subsidiaries, ...
...Forbes Names McGladrey Wealth Management LLC to Top 50 Wealth Managers List May 02, 2013 CHICAGO, IL – McGladrey Wealth Management LLC was...
Accounting Today Ranks McGladrey Wealth Management No. 3 on List of Firms by Assets Under Management
...Financial Advisor Magazine Ranks McGladrey No 20 on 2012 RIA List August 22, 2012 CHICAGO, IL – McGladrey Wealth Management LLC, which...
The decisions and responsibilities of administrating your company’s employee retirement plan are significant – and many times challenging.
Determining what type of retirement plan to offer employees can be complicated and expensive. Learn what to consider when selecting a plan.
Our retirement plan service model is a process designed to help you see all aspects of your retirement plan with a consistent lens.
Fiduciary standard of care and understanding the key differences between 3(21) and 3(38) co-fiduciary advisory services.
Learn about the importance of regularly benchmarking your company’s 401(k) plan and what steps you should take.
A Guide to the Retirement Plan Service Provider Fee Disclosure Regulations designed to help sponsors understand their responsibilities.
An examination of the most widespread internal controls mistakes and oversights committed by employers, and how to correct and prevent them.
Active versus passive investing: What’s best for you? For starters, look for empirical evidence to support your strategy. Learn more.