Blackstone to Save Retirement for Millennials | |
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While it may be too late for older generations who have not saved adequately, private equity firm Blackrock president Tony James, along with labor economist Teresa Ghilarducci, have a plan to save retirement for millennials. Their book, Rescuing Retirement, proposes a mandatory retirement account for all workers without one, with a minimum 1.5% contribution of wages, capped at $3,750 annually. … Clients Pretty Satisfied With Advisors at Year End Clients were highly satisfied with their financial advisors at the end of 2017, most likely due to the stock market hitting all-time highs. The American Customer Satisfaction Index, which analyzes customer satisfaction with more than 300 companies in 44 industries, measured satisfaction with advisors for the first time, which scored 81 (based on a scale of 0 to 100) and in the top 10 of 44 industries in the index. … Athena Capital Advisors Returns to San Francisco Athena Capital Advisors, an independent registered investment advisor with $5.5 billion in assets under management, said Tuesday it opened a new office in San Francisco. The company was established in San Francisco in 1993 and later relocated its headquarters to Lincoln, Massachusetts. … |