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May 8, 2013

Your Practice: Should you write a book?

NEW YORK (Reuters) – Wealth managers who think that writing a book will bring them influence and a flood of new clients may want to think again.

A nice hardback could bring some respect, say advisers who gave in to the temptation of authorship, but at the cost of thousands of dollars, plus years worth of nights and weekends.

May 8, 2013

Should you write a book?

NEW YORK, May 8 (Reuters) – Wealth managers who think that
writing a book will bring them influence and a flood of new
clients may want to think again.

A nice hardback could bring some respect, say advisers who
gave in to the temptation of authorship, but at the cost of
thousands of dollars, plus years worth of nights and weekends.

Apr 22, 2013

Morningstar: 529 college savings plans up in 2012 despite some lags

NEW YORK, April 22 (Reuters) – Families saving for college
poured billions of dollars into U.S. 529 education savings plans
over the past five years, even as these plans’ performance
lagged behind other investments like mutual funds, investment
research company Morningstar Inc said on Monday.

Total assets in all 86 U.S. education savings plans – named
529 plans after a section in the Internal Revenue Code – rose 25
percent to $166 billion in 2012, according to Morningstar. In
contrast, the benchmark U.S. Standard & Poor’s 500 index
gained 13.4 percent. Inflows into 529 investments were about
$14.7 billion last year, according to Morningstar data.

Apr 9, 2013

How to buy a dream house that is not for sale

NEW YORK (Reuters) – As the housing market heats up, eager buyers are refusing to wait until the for-sale signs appear.

Instead, they are knocking on the doors of attractive properties, leaving letters in strangers’ mailboxes, scanning foreclosure listings and surfing the Web for prospects.

Mar 1, 2013

Don’t let frequent flier miles die with you

NEW YORK (Reuters) – My uncle and I were different in many ways, but we shared a love of travel. After he died last March, I learned he had bequeathed me the one thing I would really appreciate – more than 100,000 frequent flyer miles.

The question was: Would the airlines let me use them?

Yes, but it wasn’t simple. Calls and follow-up calls to customer service representatives, and faxing necessary documents, took at least an hour for each of his four accounts.

Feb 13, 2013

Address client collections or risk losing business

NEW YORK (Reuters) – For many advisers, brushing up on their knowledge of Andy Warhol prints, vintage Corvettes and Patek Philippe watches should be all in a day’s work.

About 20 percent of affluent Americans – those with more than $1 million to invest – have collections they consider valuable enough to be considered an investable asset, according to a Northern Trust survey of 1,700 well-off investors released on Tuesday.

Dec 18, 2012

New funds spring up to aid Newtown victims

NEW YORK (Reuters) – New funds are springing up to aid families, first responders and others hurt by the elementary school shooting in Newtown, Connecticut.

Universities, professional groups, even individuals are pooling resources or creating scholarships for those who survived the attack or those who are struggling put their lives back together after losing children, friends or colleagues.

Dec 7, 2012

Layoff rumors? Gird yourself before the axe falls

NEW YORK (Reuters) – Never mind coal. There may be pink slips in some holiday stockings this year.

The end of the year can be a dangerous season for employees. As companies make last-minute attempts to adjust payrolls or to meet earnings goals, layoffs tend to pick up.

Dec 7, 2012

YOUR MONEY: Layoff rumors? Gird yourself before the axe falls

NEW YORK, Dec 7 (Reuters) – Never mind coal. There may be
pink slips in some holiday stockings this year.

The end of the year can be a dangerous season for employees.
As companies make last-minute attempts to adjust payrolls or to
meet earnings goals, layoffs tend to pick up.

Nov 26, 2012

A hoarder’s estate can yield treasures and traumas

NEW YORK, Nov 26 (Reuters) – Daniel Allen stared in shock
after opening the door to his grandmother’s closet. Books,
clothing and years of unused Christmas presents filled every
inch. Another room was packed floor to ceiling with personal
items such as books, photos and news clippings.

“She was a packrat,” said Allen, who was helping his family
clean his 92-year-old grandmother’s Waterloo, Indiana, farmhouse
after she passed away in March. “It was overwhelming.”

    • About Chelsea

      "Chelsea Emery joined Reuters in 2001. She wrote the daily stock market story during the dot.com era. She then moved to the aerospace desk to follow defense contractors during the Iraq war. When the U.S. economy began to crumble in 2008, Emery reported on corporate bankruptcy and restructuring for companies including Lehman Brothers and General Motors. While currently an editor, Emery continues to write chef and author profiles for the Reuters Life! wire. Emery is originally from Oregon. She has lived in Japan, Ireland and Hong Kong. She speaks Japanese and Spanish."
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