Being a financial advisor is a tremendously rewarding career and I am so grateful I found this profession as early as I did. People outside our industry think of advisors as stock pickers or investment gurus. While I suppose there are those who fancy themselves as such, what we do...
Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023.Michael Sheetz | CNBCPARIS – A Lazard investment banker sounded the alarm about the dominance of Elon Musk's SpaceX in the rocket launch market,...
Most Americans have never used ChatGPT. The majority aren't interested in using generative artificial intelligence tools specifically for financial advice, either, according to a new CNBC Your Money Survey — at least not yet.Slightly more than one-third of U.S. adults — 37% — are interested in using AI tools...
Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan Mcdermid | ReutersCheck out the companies making headlines before the bellOracle – Shares fell 10% before the opening bell after the company posted weaker-than-expected...
CertifID, a startup developing fraud prevention tech for the real estate market, today announced that it raised $20 million in a funding round led by Arthur Ventures at “over double” its previous valuation. CertifID primarily develops products to fight wire fraud. The startup’s co-founder, Thomas Cronkright, launched the company in...
Designing an optimal retirement income plan for a client is not easy. A myriad of uncertainties and risks must be addressed, directly or indirectly, and a significant body of research exists on the topic. Annuities are products that have been widely regarded among retirement academics and economists for decades....
The Securities and Exchange Commission has fined nine RIAs that advertised hypothetical performance to the public, contrary to the regulator’s Marketing Rule. The firms had not adopted or had not implemented policies and procedures “reasonably designed to ensure that the hypothetical performance is relevant to the likely financial situation and...
On New Year’s Day in 2024, there will be a new CEO at Homrich Berg. Thomas Carroll will take over at the Atlanta-based registered investment advisor, succeeding co-founder Andy Berg. Berg will stay on as chairman of the $14 billion RIA going forward, the firm announced Tuesday. Carroll told InvestmentNews the...
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process.There are so many things to consider.For example, every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor...