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Do you have clients looking to buy, sell or borrow luxury goods? They may want to call Mark Schechter, a Tustin, Calif.-based luxury goods concierge and recent subject of a profile in the Orange County Register. Think of his company, Ideal Luxury, as a pawn shop for the ultra-rich. ...
What Effect Would Universal Basic Income Have?
A study from the Roosevelt Institute published Aug. 29 suggests a universal basic income—a sum of $12,000 provided to all citizens—would grow the U.S. economy by 12.5 to 13 percent over eight years. The report also says offering some money to individuals would create more jobs. But the MIT Technology Review, as well as other publications, have said the report is controversial. ...
Veteran Wells Fargo Team Joins RBC
A pair of veteran northern California financial advisors recently left Wells Fargo Advisors to join RBC Wealth Management. James Carbonell and Matthew Forrey–both brokers with 20 years of experience–were previously managing about $365 million in client assets, according to a statement from RBC Wealth Management. Amy Caffese, a senior investment associate who has been in the industry for 15 years, will also be joining them in Walnut Creek, California. ... |
