Celebrity Estates: Leon Spinks and First-Generation Wealth with George Stefanou

Published on May 27, 2025

Advisor and author George Stefanou details the estate planning challenges faced by first-generation millionaires, drawing insights from boxer Leon Spinks' financial journey and legacy.

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How do you make sure your nest egg lasts as long as you do? Figuring out a safe withdrawal rate is tricky, because life is unpredictable. Markets and inflation rise and fall, tax laws change, and political philosophies come and go.

Dallas Fed Manufacturing: Business Conditions Continued to Worsen in May

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The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for May. The general business activity index rose nearly 21 points, its largest monthly increase since 2020, but remained in negative territory at -15.3. This marks the fourth straight month of worsening business conditions.