The financial services industry has a history of furthering inequality — both within the business and the wider public — and that’s something that consumers want it to address. That’s according to a report Thursday from Veris Wealth Partners that highlighted ways for advisors to evaluate asset managers on their...
The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesCheck out the companies making headlines in extended trading.Guidewire Software — Shares slipped 2% in extended trading after...
The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC's David Faber.Firms including chip designer Arm and Instacart have filed to go public, and companies that are mulling listings will watch how those IPOs go, Solomon said Thursday during the...
Two digitally native wealth management firms are merging into a digital family office serving entrepreneurs, professionals and retirees. Compound, a financial and tax advisory service for technology executives, is joining Alternativ Wealth, a digital registered investment advisor, to form Compound Planning. The new entity manages $1.2 billion in assets and...
Disney on Thursday amended its federal lawsuit against Florida Gov. Ron DeSantis to focus solely on its First Amendment claim that the governor politically retaliated against the company.Disney last week had asked to drop its other claims in the case, which concern a dispute over Walt Disney World's development...
James Fayssoux Sr. is still working at 75 rather than enjoying retirement because he lost a substantial amount of money when a brokerage firm churned his portfolio. Fayssoux, a real estate lawyer in Greenville, South Carolina, may be on his way to financial recovery following a decision last week by...
Sopa Images | Lightrocket | Getty ImagesThe kickoff to the NFL season is Thursday night, and Charter Communications doesn't appear to be moving down the field in its negotiations with Disney.Last week, Charter and Disney's talks over contract fees spilled into the public when they were not able to...
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. Joe Raedle | Getty Images News | Getty ImagesWalmart...
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.David A. Grogan | CNBCCarl Icahn on Thursday expressed his support for Illumina's new CEO Jacob Thaysen – a relief for the company as it tries to rebound from a bitter proxy fight with the billionaire activist...
The newly rebranded Osaic Inc. said Thursday that it nabbed a team of financial advisors formerly with Wells Fargo Advisors Financial Network that manages $600 million in client assets. Based in Birmingham in suburban Detroit, the Investment Consulting Group consists of managing partners and co-founders Christopher DeWolfe and Jason...