Sponsored by The wealth management industry is on the cusp of a seismic shift. By 2025, the number of ultra high net worth (UHNW) clients with $50 million or more in assets will grow 30% over 2021 levels1. While UHNW clients are eager to see their money grow, wealthy investors and their families face numerous…
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If you've bought Breyers vanilla ice cream in the last eight years, you may be eligible for one cash payment. Breyers will pay an $8.85 million settlement as part of a class-action lawsuit that claimed its “Natural Vanilla” label was misleading because the ice cream allegedly contained vanilla flavor not from vanilla bean. Related: Do…
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Opinions expressed by Entrepreneur contributors are their own. The landscape of advertising expenses has changed significantly in recent years. We have seen a big change in marketing campaigns from before the pandemic until now. Everything from graphic styles to customization has evolved, and so has the cost. With more brands in the mix, advertising spending…
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Subscription-based scheduling firm Facet this week announced that it has raised $35 million in new funding. The round was led by Multiplier Capital, with additional investment from previous investor Warburg Pincus, as well as Audacious Capital and others. Related: WealthStack Roundup: Cheryl Nash Returns to Lead Role at Investcloud's APL While generally considered a venture…
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Town of Canton, Connecticut, the population 10,124, has been judging a four working days a week for its employees for nearly a month — and so far, it's been a success. On September 16non-union city employees working in city hall, social services and senior services began taking Fridays off. “I wanted to find a work-life…
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Cetera Financial Group is acquiring Concourse Financial Group Securities, the dual registered broker/dealer and RIA arms of Protective Life Corp. The deal will gain Cetera approximately 350 financial professionals, more than $12 billion in assets under administration and $4 billion in assets under management. Cetera Holdings CEO Mike Durbin said the acquisition of Birmingham, Ala.-based…
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Opinions expressed by Entrepreneur contributors are their own. In the ever-evolving world of business, entrepreneurs are often admired for their ability to innovate, adapt and create. But what really decides successful entrepreneurs apart from others? While the paths to success may vary, some key traits consistently emerge among high-achieving business leaders. These traits provide insight…
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Alternative investment platform iCapital reached over $200 billion in global assets this September, doubling the volume of assets on the platform in nine months. Of this amount, approximately $172 billion came from US investors and $28 billion from international investors. The increase in assets coincides with the increase in the number of funds and managers…
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Opinions expressed by Entrepreneur contributors are their own. In recent months, the labor market has sent mixed signals, especially for graduates. According to the latest report from the Bureau of Labor Statistics, the pace of employment has slowed to levels not seen since 2009 in business and professional services. Unemployment rates for recent graduates have…
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S&P Dow Jones' updated methodology for some of its indexes has affected $300 billion in ETFs, the Financial Times reports. Mergers & Acquisitions looks at whether evergreen funds can grow, given their promise of greater liquidity for investors. These are among this week's investment must-haves for wealth advisors. Source link
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