Tag Archives: wealth

Fifteen cents on the dollar is the one statistic about America’s racial wealth gap that says it all

August 25, 2024 Fifteen cents on the dollar is the one statistic about America’s racial wealth gap that says it all Wealth is what you own minus what you owe. Because people don’t understand wealth very well, they don’t understand wealth gaps. BY Next Big Idea Club Ebony Reed is a community news journalist. She began her career as … Continue reading Fifteen cents on the dollar is the one statistic about America’s racial wealth gap that says it all

Ellevest CEO Sallie Krawcheck on loneliness in leadership and the feminization of wealth

May 24, 2024 Ellevest CEO Sallie Krawcheck on loneliness in leadership and the feminization of wealth The women-led investment platform founder talks about The Great Wealth Transfer and shares some valuable investing advice on the latest episode of the ‘Rapid Response’ podcast. BY Robert Safian In a season dominated by Taylor Swift, Beyoncé, and Barbie, investment … Continue reading Ellevest CEO Sallie Krawcheck on loneliness in leadership and the feminization of wealth

An under-the-radar Supreme Court case could upend the tax code and derail wealth taxation

By Sam Becker December 05, 2023 With consequential Supreme Court rulings on topics like abortion and voting rights in recent years, Americans may be forgiven if their interest isn’t exactly piqued by a legal battle concerning the tax code. But a case currently in front of the high court, although it has largely flown under … Continue reading An under-the-radar Supreme Court case could upend the tax code and derail wealth taxation

Millennials are more likely than other generations to support a cap on personal wealth

  By Clint Rainey March 14, 2023   Despite mounting anxieties over the country’s wealth gap, the idea of placing an absolute cap on how much money Americans should be allowed to earn has never, for obvious reasons, gained a ton of currency here.   However, according to an exclusive new Harris Poll conducted for … Continue reading Millennials are more likely than other generations to support a cap on personal wealth

Hispanics’ Rising Wealth Fuels Growth Of New Luxury Market

Hispanics’ Rising Wealth Fuels Growth Of New Luxury Market by Cynthia Correa , September 20, 2022   Hispanics are a major force behind the current trend toward growing wealth and social mobility. According to Merrill’s “Diverse Viewpoints: Exploring Wealth in the Hispanic/Latino Community” report, the number of wealthy Hispanics (those earning $125,000 or more) increased … Continue reading Hispanics’ Rising Wealth Fuels Growth Of New Luxury Market

Meet the duo of Black financial advisors who want to help you manage and grow more wealth

By Shalene Gupta   May 06, 2022   Dasarte Yarnway and Emlen Miles-Mattingly are two financial advisors who want to help diversify wealth by fixing the financial-advisor industry’s diversity problem. The barrier to entry for financial advisors can be high: New financial advisors must follow compliance, and if they want to manage assets, they must … Continue reading Meet the duo of Black financial advisors who want to help you manage and grow more wealth

Essential Stock Valuation Models for Entrepreneurs Trying to Grow Their Wealth

Matt James September 21, 2021 As an entrepreneur, you probably appreciate how difficult it can be to get your business profitable. Once you have started earning money, you have to protect and grow your wealth in case the market goes south. This means you have to invest wisely. One of the best ways to grow … Continue reading Essential Stock Valuation Models for Entrepreneurs Trying to Grow Their Wealth

How Fintech is Shaping the Future of Wealth Management

Daniel Lee — March 26, 2020 The wealth management industry can no longer ignore the rise of fintech. Investors have pumped more than $ 100 billion into the fintech market since 2010—including $ 6 billion in the first quarter of 2019. Those investments are going toward things like robo-advisors and investment apps that help Millennials … Continue reading How Fintech is Shaping the Future of Wealth Management