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Why do people hire financial advisers? The answer might surprise you. Sometimes they are merely looking for someone to pull the trigger for them when they’re too shell-shocked to invest for themselves. Other times it’s a scapegoat thing - when...
Focus Financial Partners’ pockets just got a lot deeper. A consortium of banks approved a credit facility of up to $320 million for the New York City-based registered investment advisor aggregator, almost double the size of its previous...
Mantras about investing are common and, quite often, dead wrong. Here are five that most clients believe, but shouldn’t, and how to gently break the news.
Japan, it may surprise you to learn, has the highest level of government debt to GDP of any country—at 250 percent. That’s higher than government debt ratios in Greece, Spain, Italy or Ireland. Brett Gallagher, MBA, of Artio Global Management, a...