Benefits of the Family Office Concept
Ultra-high-net-worth (UHNW) investors often seek management and advice from family offices. These private advisory groups offer perspective on handling large amounts of wealth, but as that wealth continues to grow, they may adopt a lifestyle management approach....
Wealth Management vs Asset Management
When it comes to securing your financial future, money management is vital. Unfortunately, the financial world can be confusing with all of its jargon and titles. This is where having a financial advisor becomes useful. Both asset and wealth management have risen in...
Technologies That Are Changing Wealth Management
Technology has taken customer service to another level. Companies such as Netflix and Amazon are able to improve customer experience in a myriad of ways due to artificial intelligence and predictive analytics. This has set a new standard for customer experience and...
Investment Behavior and Weather Changes
Some investors ponder the effect that weather has on the stock market, but financial analysts assure us that there is no correlation. Even so, many still debate the issue and seem to find evidence for their opposing viewpoints. While the idea that weather can impact...
Ensuring Profitability in Your Startup Involves Slowing Down
Ensuring Profitability in Your Startup Involves Slowing Down
How Inflation Affects Your Investment Portfolio
Inflation is not a new term and it is definitely not new to financial professionals. But if you are just starting out on your own investing journey, you may be curious exactly how inflation will affect your investment portfolio.
What Happens When a Company Buys its Stocks Back
When a company purchases its own stock, it’s known as a “buyback.” Companies like to be able to share their wealth with their stockholders, and engaging in a buyback makes this possible.
The Importance of Cash Flow Management
Obviously, in order to see success as an organization, you need more money coming in than going out. That is why as leaders of a business, it is imperative to understand the importance of cash flow management.
How Your Company Can Benefit From Corporate Financial Planning
No matter how good your business idea, or how many sales you procure, if you do not proactively maintain a strong grasp on your finances, you risk running a lackluster business.
Creating a Healthy Business Succession Plan
The idea of handing off your business can be stressful and scary, but with the proper planning, you can set your business up to succeed. Especially in a family business, where you have sat at the helm for the entirety of its existence, a succession plan is not only a good idea; it is crucial to the further success of your business.