Buffett's Berkshire Hathaway Tops $1 Trillion in Market Value

Published on August 28, 2024

The company's stock has gained 30% in 2024, not far behind the so-called Magnificent Seven.

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Private equity funds gaining traction with advisors

August 28, 2024
It appears that public and private, illiquid private equity funds are increasing on the radar of financial advisors. Regarding alternative investments that mainstream financial advisors could sell, first it was nontraded real estate investment trusts, which hit the market more than 20 years ago. REITs were followed by nontraded business development companies after the 2008 credit crisis. Private e

Millennial high earners are hightailing it out of California and New York

August 28, 2024
As high-earning millennials use their economic heft to explore job opportunities, make lifestyle changes, and build families out of state, a new analysis of tax returns reveals which jurisdictions are winning – and losing – in the ongoing evolution of the US wealth landscape.The analysis published by SmartAsset, which examined the latest available tax data, focuses on Gen Y households earning more