Author: elghoulam

[ad_1] If you’re itching to save more into your 401(k) for 2023, your plan may have a feature that allows you to bypass the yearly deferral limit. Only 10% of employees with after-tax 401(k) contributions took advantage of the feature in 2022, according to Vanguard. But experts say it’s better to max out employee deferrals… Continue reading Big savers can funnel more into 401(k)s with after-tax contributions

[ad_1] Artificial intelligence (AI) has long captured the public’s imagination, but OpenAI’s ChatGPT chatbot truly demonstrates what the technology can achieve. While there are legitimate concerns about the role of AI in society and its impact on jobs and the economy, there is no doubt that AI is already improving efficiency and growth across many… Continue reading Artificial Intelligence Can Change How Financial Advisors Nurture Leads and Land New Business

[ad_1] Regardless of their unique paths, the common thread among the next generation of advisors is a deep-seated desire to guide clients through their financial journeys. One advisor was inspired by personal challenges, having had to shoulder significant financial responsibilities at a young age following the loss of his father. His experience drove him to… Continue reading NextGen Advisors Share Their Journeys

[ad_1] Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. Black students are far less likely to have access to high school personal finance classes. It’s important for… Continue reading Black Teenagers Should Learn 4 Things About Personal Finance

[ad_1] In In re BGC Partners (Aug. 10, 2023), the Delaware Supreme Court, in an en banc decision, without commentary, affirmed the Court of Chancery’s post-trial decision (Aug. 19, 2022) holding that the acquisition of a company indirectly controlled by the buyer’s controller met the entire fairness standard—notably, notwithstanding the lower court’s finding that there… Continue reading Transaction Satisfied “Entire Fairness,” Despite Serious Sale Process Flaws—BGC Partners

[ad_1] As a financial advisor, knowing whether or not your social media approach is attracting or repelling clients can be difficult to determine. But a new wealthtech offering from Hearsay Systems aims to give financial pros the metrics they need to level up. The San Francisco-based firm that crafts client engagement software this week announced… Continue reading Hearsay Systems launches program to help advisors level up on social media

[ad_1] Raymond James has picked up a wirehouse breakaway team in Guam including two advisors who managed $287 million at their old firm. David Beaver and Aaron Sanchez have joined Raymond James & Associate, the firm’s employee advisor channel, from Merrill Lynch, along with client service associates Hope Chamberlain and Toni Vegafria, as well as… Continue reading Raymond James adds $287M AUM wirehouse team in Guam

[ad_1] As market conditions fluctuate, proactive financial strategies can make all the difference between safeguarding one’s wealth and witnessing a potentially significant decline in assets. This article aims to provide a comprehensive overview of wealth management strategies in the face of uncertainty to help you navigate financial challenges. Diversify Investments This means spreading your investments… Continue reading Strategies for Wealth Management in Unce