8 months ago · 1 hour 27 min watch SECTION EXCLUSIVE Slides Navigating through health and wealth concerns created by COVID19 can be daunting. It’s important to cover the basic estate planning needs for your clients. On a positive note, this environment of extremely low interest rates and depressed asset values – along with the […]
Archives for 2020
From investments in Tencent to Zoom, Hillhouse founder Lei Zhang is one of the world’s richest financiers
By Michael McDonald and Lulu Yilun Chen Just before the Coronavirus-induced US lockdowns began in March, some of the world’s investing elite gathered at an invite-only event in Silicon Valley. Representatives for super-rich families and endowments crowded into Vina Enoteca, an Italian restaurant right by the Stanford University campus. They were there to hear from […]
ETtech Top 5: VC investments slump, no income for blue-collar workers & more
Dear reader, Venture capital investments slumped to $2.2 billion in the first quarter of calendar year 2020 compared to $6 billion in the preceding three months. Illustration: Rahul Awasthi Investors tread warily The funding, according to the latest edition of KPMG’s Venture Pulse report, was hit hard by a combination of global macroeconomic uncertainty and […]
#FASuccess Ep 174: Leveraging Zapier And PreciseFP To Weave Together Independent Advisor Open Architecture, with Shanna Tingom
Executive Summary Welcome back to the 174th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Shanna Tingom. Shanna is the founder of Heritage Financial Strategies, a dually registered advisory firm located near Phoenix, Arizona, that oversees $50 million of assets under management for nearly 250 middle-market clients. What’s unique about Shanna, though, […]
Jio-Facebook alliance may go beyond kirana stores
The partnership between India’s largest conglomerate Reliance Industries and US social media giant Facebook could expand beyond the scope of just onboarding kirana stores for JioMart through the WhatsApp platform, sources said. Apart from using the messaging app WhatsApp, going forward, Reliance could leverage other online platforms of Facebook group, such as Instagram and Facebook, […]
UnitedHealth’s Optum is in advanced talks to acquire remote mental health provider AbleTo for about $470 million
Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. Brendan McDermid | Reuters UnitedHealth Group’s Optum is in advanced talks to acquire virtual therapy provider AbleTo for about $470 million, according to people familiar with the deal, at a time when telehealth is more in […]
No surprise
In early March, I wrote a letter to clients of the firm to get across a very simple, but powerful concept that I wanted everyone to understand: The news will get worse, but its ability to shock us will diminish. Read: “The One Thing We Know For Sure” for more on this. US stocks stopped […]
High-cost funds with the best 10-year returns
Does highest cost mean highest return? Sort of. An analysis of the largest 10-year gains from some of the industry’s highest-priced funds show they managed to give some bang for the buck, albeit at a price to the investor. The top 20 performers of the decade with net expense ratios over 1% — and with […]
Oklahoma asks Trump to declare coronavirus an ‘act of God’ to help oil producers
(This April 26 story corrects fourth paragraph to clarify court order) (Reuters) – Oklahoma’s governor has called on U.S. President Donald Trump to declare the coronavirus pandemic an “act of God,” a step to help oil-producing states contend with a crude glut that caused futures prices to close below $0 last week for the first […]
Brewing “planet-saving” beer: how Toast Ale has adapted to lockdown
Louisa Ziane, Chief Operating Officer, set up Toast Ale in 2015 to brew “planet-saving” beer. As Chief Operating Officer, she manages their commitment to people, planet and profit. In response to the UK lockdown, Toast Ale have relaunched their website with an improved online shop, offering free delivery, to sell beer directly to customers. They’ve […]