- Matthew D. Edward
Millennials’ financial milestones – bucking the system or cautious?
Many millennials spent the Great Recession in their proverbial – and often literal – parents’ basements, with income, savings, and the chance to build wealth all hard come to by. Even as the 2008 financial crisis ebbed and the economy entered a robust a period of stock market records and employment gains, millennials never quite caught up. Now, radical savings plans and overly aggressive financial goals have come into vogue, and some advisors caution that many millennials might be attempting too much, too fast.
- Matthew D. Edward
Crypto cowboys: Wyoming’s blockchain bills blaze new trails
The Cowboy State recently became the “Bitcoin State” with a new, first-of-its-kind in the U.S. blockchain law. Now, as federal policy makers grapple with blockchain’s potential, can any lessons be learned from Wyoming’s experiences?
“It became quickly apparent that Wyoming really was the first jurisdiction, maybe in the world, to look at these types of legislation,” said Matthew D. Kaufman, a partner with law firm Hathaway & Kunz, LLP, and a governor-appointed member of the Wyoming Blockchain Task Force. “They’ve created a path forward to test [blockchain business models] and try them out, and that’s something I think federal regulators could do really well.”
- Matthew D. Edward
Meet Serial Entrepreneur Patrick Bet-David: Inspiring entrepreneurs and launching The Vault 19
Patrick Bet-David does not mince words.
“I made the decision a long time ago that I’m going to question everything. Every. Single. Thing,” Bet-David recently told “Advisors Magazine” during an interview, pausing for emphasis between each word. “And, believe it or not, it’s made my life happier. We need to be more comfortable stepping away from the status quo.”
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Jun 04, 10:42 am
Millennials’ financial milestones – bucking the system or cautious?
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May 21, 11:53 am
Crypto cowboys: Wyoming’s blockchain bills blaze new trails
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May 20, 15:02 pm
Meet Serial Entrepreneur Patrick Bet-David: Inspiring entrepreneurs and launching The Vault 19
But preserving inheritance will take hard work.
Millennial investors stand to collectively receive the largest inheritance in history when their parents’ generation passes on its accumulated wealth. Approximately $30 trillion will be inherited by millennials over the next two decades. And while $16 trillion belongs to ultra-high net worth individuals, the average millennial heir still could come into a significant sum from their parents’ properties.
- David Gargaro
Keeping Content Compliant with Presentation Management
Financial advisors have to make presentations almost every day. This can include presenting earnings reports, introducing new product offerings, and discussing marketing and sales materials with clients.
The majority of the information in advisors’ presentations can be highly sensitive. Legal and financial content, which constitute a significant portion of what is being presented, must be compliant, accurate and up to date.
However, failure to ensure compliance in presented content can lead to regulatory bodies –
Women are starting businesses at a record pace - motivated to pursue passions, financial independence and the flexibility that eludes most traditional jobs.
In the U.S. alone, women entrepreneurs generate $1.1 million in revenue on average across retail, professional and personal service businesses that have operated for 11 years. This stat comes from Visa's new 'State of Female Entrepreneurship' report, which informed their recently announced program, She's Next, Empowered by Visa, a global initiative to support and champion women in their efforts to grow their small businesses.
- David Gargaro
Always Protect Your Joy
Barb Stegemann: Founder of The 7 Virtues
Barb Stegemann became a social entrepreneur before it was cool. She wrote a book that empowers women to use their buying power to promote peace and make a difference in the world. Then she began sourcing orange blossom oil for perfume to support farmers in Afghanistan. Her company, The 7 Virtues, has expanded its mission into other countries while selling perfumes in Sephora stores across the U.S. and Canada.
Stegemann has done all this – and more – by committing to protect her joy, no matter what stands in her way or what is