The majority of high-net-worth (HNW) investors want to make a difference—even if they won’t get a tax break for it. Studies show that most of these investors—typically defined as those with a net worth of at least $5 million—view charitable giving as intertwined with their overall wealth strategy and not as an activity motivated by … Read more
Compounds called pyrenes have been detected in the Taurus molecular cloud ESO A complex form of carbon crucial for life on Earth has been spotted outside the solar system for the first time. Its presence helps show how the compounds needed for life could come from space. The most abundant form of carbon in the … Read more
Kerri Sullivan-Kreiss, CFP®, AIF®, with Commonwealth since 2004 Kerri Sullivan-Kreiss, CFP®, AIF®, founded her independent advisory firm, SullivanKreiss Financial, in 2004. Having spent the previous 13 years as an advisor on staff with a publicly traded company, she wanted to leave big corporate agendas and proprietary investment products behind. As president of her own business, … Read more
It has been a pretty special few weeks for Tom Fellows. The 21-year-old winger has established himself as one of the standout performers in the Championship with West Brom. With four assists to his name already, Fellows has created 40 per cent of their league goals so far. His performances saw him called up to … Read more
Personalization can significantly enhance client satisfaction and advisor success in today’s wealth management ecosystem. Financial advisors can foster deeper relationships and higher retention rates by tailoring investment strategies to match each client’s unique financial goals and tax situations. This isn’t news. However, thanks largely to the evolution of key investment vehicles and revolutionary technological advancements, … Read more
Medical clowns can help children through their treatments FatCamera/Getty Images Children and teenagers with pneumonia seem to spend less time in hospital if they are visited by a medical clown, who helps to reduce their heart rates and encourage independence. Visits from a medical clown, who may help children role-play or distract them during treatments, … Read more
As most estate planners know, intrafamily loans, including loans to intentionally defective grantor trusts (IDGTs), offer a straightforward and efficient way to transfer wealth within a family. There are several benefits to such loans, not least that they can be extended at what are effectively below-market interest rates. Intrafamily loans are also versatile in terms … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Artificial intelligence, chips and Japanese equities have been some of the biggest buzzwords in global investing over the past year. SoftBank has benefited from all of these trends. The same themes are now putting the … Read more