The majority of Financial Planners expect their net assets under management and client numbers to increase over the next year, according to a new survey. Over three-quarters (81%) of Financial Planners surveyed expect their net assets under management to increase over the next year with 62% saying they also expect their gross turnover to increase, […]
Archives for June 2021
Treasury yields largely flat on the back of weaker jobs report
Bonds yields were largely flat with only marginal upward movement on Monday as investors continued to digest Friday’s jobs report. The numbers came in below expectations, signaling to markets that the Federal Reserve would likely keep up its loose monetary policy. The yield on the benchmark 10-year Treasury note moved slightly higher to 1.578%, while […]
Elon Musk says Tesla officially canceled the Model S Plaid Plus
Tesla Model S Plaid Tesla Tesla has canceled the most expensive variant of its flagship sedan, the Model S Plaid Plus, according to a tweet from CEO Elon Musk on Sunday. Previously, Tesla and Musk promised fans the tri-motor, Plaid Plus version of their new Model S would give drivers 1,100 horsepower, 520 miles of […]
Rise of the S and the G
When most people think of ESG investing, they think of climate change — portfolios that avoid companies that harm the environment, or that invest in companies that protect the environment. “When you add gender and diversity as a screen to your clients’ investments, you not only offer a chance to invest in companies that research […]
Are You Prepared for a Financial Emergency?
Starting a small business, keeping it running, and being ready for unexpected yet inevitable catastrophes is no simple feat. However, if you review the business emergencies you may face, and then prepare accordingly, you will have a better chance at success through the storms. A good plan involves more than just having adequate funds on […]
New Income Tax Filing Portal – Key Features & Updates
Income Tax department is set to launch new tax filing portal. The income tax portal can be access via URL – www.incometax.gov.in. The new portal is available from 7th June,2021. The basic objective behind launch of new portal is to provide convenience and modern seamless experience to the tax payers. Key features and benefits of […]
Miss me with that Metaverse s***
[embedded content] Our new podcast, The Compound and Friends, hits every Friday. Get it here or wherever you listen to your favorite pods.
Pride Month meets Wall Street as new LGBTQ ETF hits the market
Just in time for Pride Month, Wall Street has its first LGBTQ-focused ETF. ProcureAM, in partnership with LGBTQ Loyalty Holdings, launched the new LGBTQ100 ESG ETF this week. The first-of-its-kind fund uses LGBTQ community data to identify the top 100 companies that most align with the group’s environmental, social, and corporate governance (ESG) goals. The […]
What is a global minimum tax and what will it mean?
Finance Ministers from the Group of Seven (G7) rich nations reached a landmark accord on Saturday backing the creation of a global minimum corporate tax rate of at least 15%, an agreement that could then form the basis of a worldwide deal. Such a deal aims to end what U.S. Treasury Secretary Janet Yellen has […]
U.S. SEC ousts head of accounting watchdog, puts rest of board on notice – Reuters
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly The U.S. Securities and Exchange Commission (SEC) on Friday said it had removed the head of the oversight board that sets standards for audits of public companies and planned to replace […]