Author: elghoulam

Explained: What are robo-advisors and should you use one for your investing decisions?

[ad_1] Since robo-advisors automate the process of arriving at investment decisions; it leads to cost savings and removal of human bias. The choice between a human financial advisor and a robo advisor depends on an individual’s specific needs and preferences. For comprehensive financial planning, especially for complex situations, a human advisor may be more suitable.… Continue reading Explained: What are robo-advisors and should you use one for your investing decisions?

Family Offices Seek New Blood

[ad_1] Shielded by privacy and exclusivity, the offices of America’s most top 1% families, as ranked by wealth, historically barred any financial or investment disclosures. But recently, this trend has shifted dramatically, as a number of family offices have begun allowing their army of investment professionals to be hired by the next generation of ultrawealthy… Continue reading Family Offices Seek New Blood

IFF Announces Clariant Has Agreed to Purchase IFF’s Cosmetic Ingredients Business Unit

[ad_1] NEW YORK, October 30, 2023–(BUSINESS WIRE)–IFF (NYSE: IFF) today announced that Clariant—a sustainably focused specialty chemical company—has agreed to purchase IFF’s Cosmetic Ingredients business unit for $810 million. Reporting through IFF’s Scent division, IFF’s Cosmetic Ingredients business unit develops, manufactures and markets innovative ingredients for the cosmetic and personal care industry, including active ingredients,… Continue reading IFF Announces Clariant Has Agreed to Purchase IFF’s Cosmetic Ingredients Business Unit

Do I Need A Financial Advisor For My 401(k)?

[ad_1] Hero Images Inc/Getty Images Millions of Americans have 401(k) retirement plans through their employers, but many people aren’t quite sure how best to manage their investments. The different fund options may be confusing and it can be difficult to know how much money to put in different asset classes. Here’s what to know about… Continue reading Do I Need A Financial Advisor For My 401(k)?

I’m a Financial Advisor: 7 Ways People Become Poor in Their Later Years

[ad_1] Retirement is often romanticized as the time when hard working Americans finally get to slow down and enjoy a life of leisure, free of the worries and stressors of their earlier years. Growing Up Poor: 13 Ways You’re Taught To Never Waste MoneyFind Out: What To Do If You Owe Back Taxes to the… Continue reading I’m a Financial Advisor: 7 Ways People Become Poor in Their Later Years

If Cincinnati sells its railroad, where would the money go?

[ad_1] If Cincinnati voters approve Issue 22 to sell the city railroad, who’s in charge of the money and will safeguard against wasteful spending? Sixteen financial institutions – including Cincinnati’s own Fifth Third – have applied for that job, city officials revealed to The Enquirer. Two other firms are also based locally: FEG Investment Advisors… Continue reading If Cincinnati sells its railroad, where would the money go?

How a Financial Advisor Can Help You Fight Inflation

[ad_1] Inflation is still above the Federal Reserve’s 2 percent benchmark, though not by much. It was up 3.7 percent in September compared to the same time last year. Experts say the longer inflation lingers, the more it can impact your investment portfolio. About 41 percent of experts believe that inflation won’t settle in at… Continue reading How a Financial Advisor Can Help You Fight Inflation