After almost a decade together, the couple finally made it legal a few months ago. Recent reports of extravagant gifting raise questions of how much gift tax they burned on each other. When Brad and Angelina vowed not to take their marriage vows until their gay and lesbian friends had the same right, accountants on […]
About Scott Martin
Scott Martin has been tracking various aspects of the financial industry since 2001 for publications like Research, Buyside and Institutional Investor. Previously, he was a market writer for CNN. As an advocate for the trust industry, he has testified to the Nevada Senate Committee on Commerce, Labor and Energy on issues of national competition. He is also active as a marketing and editorial consultant for registered investment advisors.
Posts by Scott Martin:
Exploding experimental spacecraft puts all-star waiting list at risk. Will Leonardo DiCaprio, Justin Bieber, Ashton Kutcher and the rest gamble with their lives or line up for 5- to 6-figure refunds? The tragic high-orbit disintegration of Richard Branson’s SpaceShipTwo may set the future of commercial space tourism back another year or two, but the celebrities […]
The designer was an institution but it might be time for his heirs to make the hard choice about whether the family business can continue in its current form. An eleventh-hour succession plan may not be enough to perpetuate his legacy. When legendary glamour merchant Oscar de la Renta vowed never to retire, it became […]
Love or hate the Bond King, any firm that lives by the star manager can only suffer once Gross turns into Grossgate. Institutions were already sick of the gossip, now the fast money has no reason to stay. Three weeks after Bill Gross bailed on the fund complex he built, the flow of pension fund […]
Nervous investors of every political persuasion can take comfort knowing that the pollster Monte Carlo now strongly favors a Republican upset next month. If the typical advisor had a crystal ball anywhere near as accurate as Nate Silver’s, everyone would have sold and gone away back in September. Instead, it’s been a volatile four weeks […]
His people vehemently deny all rumors of a pre-wedding division of marital property but choice of venue and residence may have left the notoriously divorce-leery star with few other options. Once George Clooney announced he was actually getting married again, even the gossip channels naturally assumed it took an ironclad premarital contract to seal the […]
Janus shareholders seem convinced Gross will work his trillion-dollar magic for them, but with the SEC checking the bond king’s math, vague “fundamental differences” may turn into a noose around his new firm’s neck. Judging from the market reaction, Bill Gross jumping ship from Pimco was the best thing that has happened to Janus in […]
The bulge bracket now reaches to the stratosphere. Among the true ultra-high-net-worth wealth management firms, Bank of America just cleared a critical milestone — the bank now boasts more than $1 trillion in AUM in the channel.
Techno-thriller king tried to write a happy ending for both halves of his blended family, but there seem to be just enough pages of plot missing to distract the executors from looking out for vulnerable assets. Tom Clancy was one of the behemoths of modern publishing, parlaying a flair for describing military procedure into a […]
A few months ago, the outsourced portfolio provider was nibbling at its rivals. Now the firm itself has accepted a takeout offer from an unexpected direction. Who is Actua and what do they want? Cut through the headlines and the acquisition of FolioDynamix looks like a little more than the usual bolt-on buyout to achieve […]