Wealth
Unveiling Factors That Affect The Operational Costs Of Family Offices
Family Offices play a crucial role in managing the wealth of ultra-high-net-worth families and have grown in popularity in recent years. Many families looking to…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Big Nasdaq-100 Stocks Sell Off To Support Levels: Apple, NVIDIA, Tesla
The major tech and social media components of the Nasdaq-100 got dumped this week as investors grappled with the meaning…
US Households’ Balance Sheets Are Strong, But What About The Government’s?
Heading into 2023, there was near-unanimous consensus from Wall Street that the US economy would veer into a recession. Yet…
Two Questions To Ask Yourself Before Making Any Purchase
Making purchases naturally produces dopamine and can bring you some temporary good feelings – and for some people that has…
Unraveling The Income Taxation Of Art
A recent report by the New York Times reveals that two LeBron James trading cards have an estimated value of…
Black Monday: The Improbable Crash, Its Causes, And Timeless Lessons For Investors
Thirty-six years ago, something so unlikely happened that it was basically impossible: The Dow Jones Industrial Average plunged nearly 23…
What Is A Mutual Fund Share Class Exchange?
Confusing investors everywhere, one mutual fund may have multiple share class offerings. Multiple versions of a share class are often…
3 Nasdaq Biotechs With New 52-Week Highs
Biotech stocks are having a bad year with the major biotech ETF trending downward for months now — but at…
Bank Earnings Provide A Positive Start To Earnings Season
Earnings season began slowly last week, with 12 S&P 500 companies reporting. Banks and financial companies closed out the week…
3 REITs Hitting New Highs And Paying 3+% Dividends
These 3 real estate investment trusts this week hit new price highs and each one pays a dividend of greater…
Ten Things To Think About Before You Claim Social Security
When to start claiming Social Security benefits is the one question that often crosses people's minds when they begin financial…
Is The UK Losing The War For Talent? What Does This Mean For Your Family Office?
The CEO of the London Stock Exchange Group Plc (LSEG), Julia Hoggett, spoke to Bloomberg recently on how the United…
Modern Estate Planning That Prioritizes People, Communities, And The Planet
For over 500 years, estate planning has been an antiquated, costly, and offline industry. As such, research has shown that…
An $8 Billion RIA That’s Strives For Flight Attendant Calmness During Turbulent Markets
Firm: Merit Financial Advisors Name: Rick Kent Location: Alpharetta, GA Team Custodied Assets: $7.9 billion Forbes Rankings: America’s Top RIA…
An Egyptian Immigrant And ‘Tax Whisperer’ Who Built A $1.7 Billion Firm
Firm: Pence Wealth Management Name: Laila Marshall-Pence Location: Newport Beach, CA Team Custodied Assets: $1.7 billion Forbes Rankings: America’s Top…
America’s Top RIA Firms 2023
Clearly more and more families are entrusting independent advisors to manage their assets. But how does one choose between countless…
A Wirehouse Refugee Who Manages 80 Pie Charts And $2 Billion In Wealth
Firm: Parcion Private Wealth Name: Terry Cook Location: Bellevue, WA Team Custodied Assets: $1.9 billion Forbes Rankings: America’s Top RIA…
What Is An Asset, A Liability, And An Investment?
Typically, your financial plan contains assets, liabilities, and investments. However, knowing the difference between these categories helps you to use…
How Four Aging Billionaires Are Making Sure Their Money Doesn’t Go To Uncle Sam
Boomers and their elders control $93 trillion, or two-thirds of America’s household wealth. Forbes 400 members Phil Knight, Charles Koch,…