AI in wealth management: budgets surge but ROI remains elusive
From generative AI on trading desks to personalized portfolio tools, financial firms are spending big on AI, but…
Mozambican pensioners now receive payments through the banking system
Photo: O País All state pensioners in Mozambique transitioned to receiving their pensions via the banking system by…
Roth Conversion Strategy Cuts $1.5 Million 401(k) Tax Bills in Half for Early Retirees
© Andrey_Popov / Shutterstock.com A married couple, both 65, retired last year with $1.5 million stacked inside traditional…
Chinese billionaire heiress Kelly Zong loses appeal over $1.8B frozen bank account central to inheritance battle with half-siblings
The city’s Court of Appeal upheld two prior orders preventing her from withdrawing funds from the account and…
We split bills equally even when one of us earned a lot more
The couple’s system of sharing money remained the same even when Max was made redundant last year and…
How a 55-Year-Old Teacher Could Replace an $85,000 Salary With Dividend Growth Plus Covered Calls
Quick Read Replacing an $85,000 salary requires anywhere from $708,000 at a 12% yield to over $2.4 million…
The Appeal of Direct Indexing in Today’s Markets
An interview with Ken Lassner, CFA, direct indexing lead product strategist, Northern Trust Asset Management. Assets managed using…
How much would a 35-year-old need to save to retire early with a second income?
Retiring early at 50 would mean giving a 35-year-old about 15 years to build a portfolio that can…
Summer price creep: What it is and how to beat it to keep more money in your pocket
SEATTLE — Summer is a time for road trips, family gatherings, and eating out, but those everyday expenses…
Why your retirement experience may depend more on the agency than the benefit
As federal employees transition into retirement, they also transition from familiar routines. After many years, if not many…
Advisors Use Direct Indexing for Index Fund Concentration Risk
With concerns rising over concentration risk as valuations for many large cap stocks appear too high and companies…
Are Smartphone Credit Cards Worth It?
If you’re looking for a credit card for your favorite brand, you likely won’t have to look far.…