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Millennials are in better shape financially than their older Generation X counterparts, according to a new study by Allianz Life. The study found that 77 percent of millennials feel financially confident, compared to 64 percent of Gen Xers. Part of that is probably due to the fact that 48 percent of those with a 401(k) contribute 10 percent or more on a monthly basis, a higher percentage than Gen X (36 percent) or baby boomers (44 percent). ...
Alts Players Altegris, Artivest Merge
Alternative investments management firm Altegris will merge with Artivest, an alternatives tech platform, creating a 100-person company servicing over $3 billion in assets. Altegris will come under the Artivest name, although its family of mutual funds will retain the name. ...
Trump Nominates Rettig for IRS Commissioner
President Donald Trump ended several weeks of speculation Thursday when he, as expected, officially nominated tax attorney Charles Rettig as IRS commissioner. ... |
