The IRS is remembering over a million Americans who have yet to file their 2020 tax returns have less than two weeks left to claim a total of $1 billion in unclaimed refunds. The deadline is May 17. According to an IRS news release this week, Americans have “a little more time than usual” to…
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Minneapolis-based Wealth Enhancement Group, an acquirer RIA with over $82 billion in client assets, has acquired The Retirement Group, a San Diego-based hybrid RIA with over $809 million in assets. The deal is WEG's fourth transaction of 2024 and its 18th location in California. The Pension Group, founded in 1993, consists of 11 advisors and…
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Panera's loaded lemonade has come under fire from consumers and regulators after lawsuits alleging the highly caffeinated drink has been the source of long-term health problems and even death. Now, the chain has decided to ditch the drinks as part of sweeping menu changes. CONNECTED: '100% Should Be Illegal': Woman Exposes High Caffeine in Panera…
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In our increasingly global society, millionaires can be found almost anywhere. However, according to a latest research from international wealth migration specialists Henley and Partners, the US continues to lead the way in resident millionaires (defined as those with investable liquid assets of $1 million or more), placing 11 cities in the top 50, including…
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Artificial intelligence is transforming a 94-year-old Depression-era wedding dress into an interactive exhibit at the Metropolitan Museum of Art. Monday's Met Gala kicked off the museum's annual Costume Institute exhibit, which focuses on “the sleeping beauties“or clothes that are now extremely fragile and can no longer be worn. The exhibition features over 200 garments and…
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The Commonwealth Financial Network is attractive a $93 million judgment that disclosed no conflicts of interest when recommending certain mutual fund share classes to clients when more affordable options were available. The Commonwealth is moving to appeal the case to the U.S. Court of Appeals for the First Circuit after a Massachusetts federal judge ruled…
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According to the latest data from the US Bureau of Labor Statistics, over 3.3 million Americans left their jobs in March. And although several factors may play a role when workers decide to leave their employers (a higher salary, better title, personal life change), leaving a job with or without a Plan B can be…
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After nearly four months of steady outflows, Grayscale's Bitcoin ETF snapped its losing streak and posted its first net inflows since January. Some asset managers made moves to strengthen their products by targeting the private wealth channel. These are among the investment must-reads we found this week for wealth advisors. WealthManagement.com | 07 May 2024…
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Days after Warren Buffett hosted Berkshire Hathaway's annual shareholder meeting, fellow billionaire Elon Musk has some advice for the chairman on what investment moves he should make next. In response to a post on X saying that Buffett should sell all his shares in Apple, Musk suggested that Buffett consider buying shares in his electric…
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RIA platform Hightower Advisors has bought shares worth a combined $68 million in six Bitcoin ETFs, according to it. last submission 13-F. Investments were first reported by Watcher.guru. A Hightower spokesperson said the firm doesn't comment on its portfolio decisions, so it's unclear how Bitcoin ETFs fit into its overall strategy. Overall, Hightower reported more…
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