Usually financial advisers are paid primarily or entirely according to the value of the assets
they manage—that is, the assets under management (AUM). Increasingly, they have a …

The shift from defined benefit plans to defined contribution plans in the private sector has
shifted the cost of generating income in retirement from plan sponsors to individuals. As they …

This article compares the fundamental legal parameters, including related tax issues, of two
such structured vehicles that utilize senior debt as collateral: the cash flow collateralized …