Riley Wealth Management Weighs in on Master Limited Partnerships: Dallas-Fort Worth Area Financial Firm Helps Investors Understand What MLPs Can and Cannot Do for Portfolios
A recent hot button topic for investors is master limited partnerships (MLPs). MLPs are investment vehicles that combine the tax benefits typically associated with limited partnerships with the liquidity of a common stock. But less clear in the discussion is the type of investor best suited for MLPs and a clear understanding of what they can (and cannot) do as part of an investment portfolio.
William Riley, Chief Executive Officer and Chief Compliance Officer at Fort Worth-based Riley Wealth Management, believes the first thing that must be done when considering MLPs ...