Another Virginia Edelman Advisor Moves To Baird

Published on October 10, 2024

According to Baird, Robert Sargent is joining the firm's Fairfax office after leaving Edelman Financial Engines, where he managed about $245 million in client assets.

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Middle Class Hourly Wages as of September 2024

October 10, 2024
This series has been updated to include the September release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,106, down 6.7% from over 50 years ago. After adjusting for inflation, hourly earnings are below their all-time high from April 2020.

Social Security's 2025 COLA Helps, but Seniors Still Face Cost-of-Living Crisis

October 10, 2024
One analyst observes that the 2.5% monthly benefit increase, while welcome, won't even cover a week of groceries.      Related Stories20 Worst-Paying College Majors: 20245 Things Advisors Should Know About the Great Wealth TransferJeremy Siegel Says S&P Could Hit 6,000 in 2024