Our society celebrates wealth in the abstract, but delights in judging the rich. A sociologist of affluence reveals five tips for overcoming the bias to build trust with wealthy prospects.
Wealthsimple, the Toronto-based online wealth management firm, raised another $51 million from Power Financial Corp. The wealth manager said in a statement Wednesday that it will use the money to add features and services and continue to grow. ...
IRI Lays Out Advocacy Goals The Insured Retirement Institute put out its 2018 Retirement Security Blueprint this week, an outline of the organization’s public policy goals. This year’s goals include maintaining the tax treatment of retirement plans, requiring employers to offer retirement plans through legislation such as the “Automatic Retirement Plan Act of 2017,” and supporting legislation that would make annuities portable in retirement plans. ... Goldman Sachs Details Big Advisor Growth Plans During a recent presentation at the Credit Suisse Financial Services Conference, Goldman Sachs CEO Lloyd Blankfein said the bank plans to grow its workforce of financial advisors by about 30 percent before 2020. ...
