Money

Wealth Management

The banking and broader financial services industries that Family Office candidates often derive from are increasing their own hiring efforts, further draining the talent pool and forcing Family Offices to compete with more than one market for talent.

In 2020, between various lockdowns, the number of digital nomads boomed as millions of newly office-liberated workers flocked to foreign countries to work remotely. But, as offices demand their workers back, will this be the end of the digital nomad?

There are many other very valuable assets that tend to be overlooked, forgotten altogether, or just left until the last minute that deserve thoughtful consideration also.

Here Are 12 Ways You Ensure You Never Become a Millionaire I would like to start this discussion with the fact that given enough time, hard work and smart financial guidance, anyone can become a millionaire.

The U.S. consumer again came to the rescue and provided a ray of hope for the coming quarters. Despite the strong start from the banks, the earnings beats should be smaller and less frequent than in the past few quarters. However, the actual earnings performance should still exceed expectations.

A provision of the Build Back Better Act threatens to louse up a lot of life insurance plans.

News that Prince Harry and Meghan, the Duchess of Sussex, have a new role as "impact officers" at ethical fintech firm Ethic comes at an awkward time. Just a day after the announcement, data revealed U.S. investors are the world's least interested in ethical investing.

Superman had kryptonite—the substance that caused him to lose all power. Will tech stocks succumb to their kryptonite?

The conversion of an S Corp. to an entity taxed as a partnership (such as a Limited Partnership or a Limited Liability Company) is a now a taxable event. The proposed bill would temporarily allow an “eligible S corporation” to convert to a partnership tax-free.

Professionalizing the management of a family enterprise usually entails formal processes and procedures of professionalization and governance, treating all business families the same–regardless of their needs, goals, or family dynamics. This report points out the flaws in this approach.

What to do if your tax return is in IRS limbo.

Third-quarter earnings are slated to grow at almost 28% year-over-year. Despite significant headwinds from inflation, supply chain disruption, and moderating growth, results should still exceed these levels. But earnings beats should be smaller and less frequent than in the past few quarters.

Those who’ve taken on the mantle of leading the true financial planning profession, both from its origins about 50 years ago through today, embody a spirit more like a helping profession than a hardened craft.

Establishing wealth and being rich are not mutually exclusive.

FTX cofounder Sam Bankman-Fried built a $22.5 billion fortune at age 29 by profiting off the cryptocurrency frenzy – but he’s not a true believer. He just wants his wealth to survive long enough to give it all away.

Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, told the crowd at the Forbes/SHOOK Top Advisor Summit in Las Vegas that a 17-year bull market is possible as the millennial generation ages into its economic peak.

Amidst market volatility led by the major tech stocks , Wharton professor Jeremy Siegel told wealth managers at the Forbes/SHOOK Top Advisor Summit in Las Vegas that the current inflation figures are unsustainable and projected 20% to 25% inflation over the next few years.

You cannot wait until the tax law proposals are finalized, as that will be too late. You will need to prepared to act and act quickly when the legislation passes, both to execute on plans and to unravel existing plans that have negative tax consequences.

Close to one-third of institutions have invested in digital assets, according to a Fidelity survey. However, according to analysts, this is only the beginning, as more organizations will flock to this innovative asset class.

Donald Trump is worth an estimated $2.5 billion, leaving him $400 million short of the entry fee to this year’s Forbes 400 list of America’s richest people.