Updated Wednesday, October 22, 2014 as of 6:38 PM ET

Smart Ways to Use 'Hidden' Client Assets

When wealth manager Bryan Wisda took on a new client, 98-year-old widow living in a Scottsdale, Arizona, retirement community, he asked her a battery of routine questions. One of them was if she knew anyone famous.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (1)
A few errors in your article:
it is Financial Principles, LLC in Fairfield, NJ not Principles, LLC in Fairchild.

Also, in the second example I assume you meant to say that the client was able to loan the money to his daughter for the closing WITHOUT liquidating his brokerage account and triggering taxes.
Posted by Michael C | Thursday, April 17 2014 at 12:53PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here