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Many wealth management professionals are unprepared for the changes they’re likely to encounter in the industry over the next few years, according to survey results that included 250 wealth advisors, but they’re hoping technology will provide them with some solutions. ...
These Myths Perpetuate the “Racial Wealth Gap”
The typical “solutions” of promoting financial literacy and personal responsibility continue to do little to bridge America’s “racial wealth gap,” according to a Duke University report. Even at the highest levels of education and employment, net worth among African-American households was not comparable to that of their white counterparts, said researchers. ...
The Number of IPOs Is Dwindling. Here’s What We Can Do.
In 1996, there were 7,322 publicly listed companies; about a year ago, there were 3,671, according to The Economist. These days, many companies are opting to stay private for longer, leaving the economic and financial benefits of being public on the table. ... |
