Steward Partners, a network of employee-owned financial advisory practices that oversees about $32 billion in client assets, added 14 advisers in the first two months of the year. Steward created a new office in Nashville, Tenn., by acquiring Seven Arrows Financial, an eight-person team led by Luke Aull, who has partnered under a 1099 contract….
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Frequent Walmart shoppers may be entitled to financial compensation thanks to a new class action settlement. IN a lawsuit that first filed in 2022 and then amended in 2023, the retailer is accused of three major fraudulent practices: falsely inflating the weight of products sold by weight; overpayment for products sold by weight that were…
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The 401(k) industry is under attack again. This time from labor economist, Bloomberg columnist and, yes, TikTok star Kathryn Edwards in a recent webinar hosted by the National Institute for Retirement Security, who joins Alicia Munnell of Boston College, Teresa Ghilarducci of the New School and most recently, Blackrock CEO Larry Fink. as criticism. Predictably,…
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Meta blocked all posts from The Kansas Reflector on Thursday after the nonprofit newspaper called out Facebook, which owns Meta, and other forms of social media in an article. of ITEMtitled “When Facebook Fails, Local Media Matters Even More to Our Planet's Future,” directly calls out Meta and Facebook for suppressing climate change-related posts and…
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According to Narei's T-Tracker. While positive, it was well below the numbers posted in 2022 and 2021 when FFO grew 17.2% and 22.3%, respectively. The story was similar for net operating income (NOI), up 2.7%, from 11.6% and 14.3% the previous two years. Connected: Half of American households own REIT stocks Meanwhile, the FTSE Nareit…
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This article originally appeared on Business Insider. This essay is based on a conversation with Syed Lateef, a 36-year-old Airbnb Superhost in Chicago. It has been edited for length and clarity. I am the CEO of SyedBnb, a short term rental company with over 300 units and 100 employees. After leaving college for a year…
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Understanding the downward trend of inflation Inflation, a key economic indicator, has been on a downward trend for the past eight months. This continued decline in inflation is an important economic event with far-reaching implications for both the domestic and global economy. Recently, however, inflation has ceased its downward trajectory and instead moved sideways. This…
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Rob Pettman, an executive vice president and head of wealth management solutions at LPL Financial, has left the firm after 17 years, according to a post on LinkedIn.com. Friday was his last day. Pettman said he is leaving the independent broker/dealer position to pursue an opportunity at a financial technology company, “where I will apply…
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On Monday, more than 31 million people will experience a total solar eclipse, a celestial phenomenon where the Moon passes between the Sun and Earth, leading to moments of total darkness for those in the eclipse's path of totality. Here is a live stream from NASA: Here's what to expect during Monday's planetary event: What…
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A Florida-based brokerage firm will pay $500,000 to settle Financial Industry Regulatory Authority allegations that it failed to retain more than 10,000 business-related text messages over 10 years. The settlement is against Dawson James Securities, a broker/dealer in Boca Raton, Fla., with three branches and about 35 registered representatives, according to FINRA. The firm mainly…
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