Hello and welcome to this week's edition of 401k Real Talk. This is Fred Barstein Omnichannel RPA Contributing Editor of WealthManagement.com and CEO at TRAU, TPSU & 401kTV—I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest and frank discussion that you wouldn't get…
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Advances in technology have enabled businesses of all sizes to become more competitive in their processes. Cloud computing and automation in particular have transformed the way finance teams manage their day-to-day operations, and savvy accounting practitioners are slowly moving away from the report-to-record (R2R) model and into continuous accounting. Continuous accounting allows real-time transparency into…
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The ETFs included feature funds that were launched in the calendar month of February 2024. Aniket Ullal is VP, ETF data and analytics for CFRA, one of the world's largest providers of independent investment research. Aniket founded First Bridge Data, a leading source for global ETF data and analytics that was acquired by CFRA in…
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Opinions expressed by Entrepreneur contributors are their own. Have you ever really wanted to work with someone, perhaps a potential partner, mentor or team leader, but didn't know how to make it happen? Maybe you want to become more of a “people person,” learning to make meaningful connections or unlock leadership at work. No matter…
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In this highly informative and engaging conversation, David Grumhaus, president and chief investment officer of Duff & Phelps Investment Management Co., opens up about the risks and opportunities with real assets. In this candid chat, David discusses what the headwinds were for the asset class in 2023, where the opportunities lie in 2024 and why…
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JPMorgan launched a free cash flow AI tool last year for its corporate clients, and now the bank says the tool has helped some of them cut human-oriented manual work by nearly 90%. according to a Bloomberg report. About 2,500 unnamed clients use the AI tool, making it successful enough that JPMorgan may start charging…
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One of the most frequent questions I get is what to do when an investor has received a large amount of money (perhaps from an inheritance or the sale of a business). Should they invest it all at once or dollar cost average (DCA)? Fortunately, empirical research findings provide the optimal answer from a purely…
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The days of sharing passwords on streaming platforms are over. Netflix AND Disney+, among others, have begun cracking down on users who share accounts with people outside their families. Now, Warner Bros. Discovery is joining its competitors and implementing password-sharing guidelines for its app, Max. Although little information has been released regarding the details, the…
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Mercer Global Advisors is acquiring MDK Private Wealth Management, a Seattle-based firm that manages $2.5 billion in assets. MDK was founded in 2020 and works primarily with extremely high net worth clients, with services ranging from financial planning, trust, estate and tax planning, and even private aviation and shipping advisory services. Connected: Mercer Global Advisors…
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Working on cutting-edge AI is unfortunately expensive. For example, in addition to DeepMind, Google also has Google Brain, Research and Cloud. And TensorFlow, TPUs, and they own about a third of all research (in fact, they hold their own AI conferences). I also strongly doubt that computing power will be necessary (and perhaps even sufficient)…
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