April 18 (Reuters) – Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor …
Wealth manager: Buying a home is 'usually a terrible investment'—here's why
A lot of people will tell you that buying a home is a good investment, but “that couldn’t be further from the truth,” says Peter Mallouk, a certified financial planner and president of wealth management firm Creative Planning. “In reality, it’s usually a terrible investment,” he says. That’s because, at the end of the day, […]
Why You Should Buy and Hold American Express Stock
Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in …
Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s why
Stocks are on the verge of record territory, potentially representing the end of a stretch of futility that saw a sharp retreat from the peaks hit in the late summer and fall of 2018. However, the …
Mariner Wealth Advisors to acquire South Florida firm
Mariner Wealth Advisors has entered into an agreement to acquire Singer Xenos Schechter Sosler, a wealth management firm in Coral Gables. The financial terms of the acquisition were not released. “We …
How to Conquer the Fear of Financial Planning
Many clients are too scared or embarrassed to lay their whole financial lives on the table. As a fundamental part of our transformation to a wealth management firm, my company recently began to offer …
Why Did Zoom Stock Jump 80% on Its Trading Debut?
The company made its public debut on the Nasdaq stock market, quickly gaining as much as 80% from its offering price of $36 a share. Shares have given back some of those gains, but were still up a …
Is the Stock Market Closed for Good Friday and Easter?
Both the stock market and the bond market are closed on April 19, 2019, in recognition of Good Friday ahead of Sunday’s Easter holiday. The bond market also closes early on Thursday, April 18 for …
Brexit stalls investments by sovereign wealth funds in Britain
China Investment Corp’s 2017 acquisition of European warehouse firm Logicor was one such case, said Javier Capapé, director of sovereign wealth research at IE University. “Most of the warehouses are …
11 Strategic Topics To Cover At Your Next Meeting With Your Financial Advisor
Successful accounting, financial planning & wealth management executives from Forbes Finance Council share trends and tips. Share to facebook Share to twitter Share to linkedin If you feel like …