You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Jonathan Beatty, head of Schwab Advisor Services, encouraged registered investment advisors attending Charles Schwab’s annual Impact conference to leverage the company’s capabilities to go after the $30 trillion in managed assets not being overseen by independent operators. “There is over $30 trillion of managed wealth in the United States that still isn’t benefiting from the independent-minded ...

The Dow Jones Industrial Average (^DJI) was down 251.44 (-0.53%) points today, as broader market sentiment was heavily influenced by mounting concerns over the stretched valuations of AI-driven stocks and warnings from prominent investment banks. This cautious mood was exacerbated by the Supreme Court's hearing on President Donald Trump's tariffs, adding a layer of policy uncertainty for investors. Major financial institutions, including Goldman Sachs and Morgan Stanley, have cautioned about a potential mar ...

DALLAS, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today issued a statement about the United States Attorney for the Southern District of New York’s recent indictment of the Company’s former Chairman and CEO, Brad Heppner. As previously disclosed, Beneficent parted ...

With a market cap of $1.1 trillion, Berkshire Hathaway Inc. (BRK.B) is a diversified multinational conglomerate with operations spanning insurance, freight rail transportation, utilities, energy, manufacturing, and retail. The company engages in industries ranging from energy generation and industrial manufacturing to consumer goods, financial services, and retail operations. The Omaha, Nebraska-based company's shares have lagged behind the broader market over the past 52 weeks. BRK.B stock has risen 10.3 ...

Los Angeles, California, Nov. 05, 2025 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (the “Company”), a global design and technology firm integrating artificial intelligence, digital asset infrastructure, and real-world architecture, today announced the initial closing of a private investment in public equity (PIPE) financing of up to $50 million. The PIPE is led by Greentree Financial Group, Inc. and TriCore Foundation, LLC with R.F. Lafferty & Co. acting as the exclusive placement agent. The participation ...

Core Insights - A significant portion of Gen Z workers (46%) have accessed their retirement accounts, which is notably higher than the 31% of millennials who have done so, indicating a concerning trend among younger workers [1][2] - The financial implications of withdrawing retirement funds early are severe, as it not only incurs tax penalties but also diminishes the potential for compound growth over time [2][5] Reasons for Withdrawal - The primary reason for accessing retirement funds among all workers is to cover emergency expenses (37%), followed by housing-related costs (19%) [3] - A notable 42% of Gen Z workers have withdrawn retirement savings specifically to pay off debts, a stark contrast to only 6% of millennials, highlighting the unique financial pressures faced by this generation [4] Financial Health of Gen Z - Approximately one-third of Gen Z individuals feel financially "underwater," indicating a significant level of financial distress within this demographic [5] - Financial advisors recommend strategies such as transferring credit card debt to 0% promotional rate cards to alleviate immediate financial burdens while still contributing to an emergency fund [6]

Core Insights - High income does not guarantee financial stability, as many families continue to struggle with debt despite earning over $300,000 annually [2] - A significant percentage of high earners face credit card debt and increased delinquency rates across loan products [2] Group 1: Financial Struggles of High Earners - Approximately 62% of households earning more than $300,000 experience difficulties with credit card debt [2] - The delinquency rate for households earning over $150,000 has doubled since 2023 across all loan products [2] - 43% of Americans earning more than $100,000 reported they are either coping or struggling financially [4] Group 2: Common Financial Mistakes - Lifestyle inflation is a major pitfall, where increased income leads to higher spending on luxury items, resulting in unsustainable monthly payments [3] - High monthly payments from mortgages, car loans, and tuition can lead six-figure earners to live paycheck-to-paycheck [4] - Exotic investments may seem appealing, but they can lead to poor financial decisions; ultra-high net worth families allocate significant portions of their portfolios to private equity and hedge funds [5]

Core Viewpoint - Jackson Financial (JXN) shares have shown modest performance over the past year, trading essentially flat after a significant sell-off in April, but have since rallied approximately 40% from the lows to return to flat levels [1] Group 1: Stock Performance - The stock was heavily impacted during the April sell-off [1] - Following the sell-off, Jackson Financial shares have rebounded by about 40% from their lowest point [1] - Overall, the stock has remained flat over the past year despite the fluctuations [1]

Ex-Truist And Balentine Advisors Leave Behind $4.5 Billion To Launch Atlanta RIA Targeting Families With At Least $30 Million In Assets https://t.co/ii4IuxGfRy ...

U.S. stock futures were fluctuating on Wednesday after Tuesday’s lower close. Futures of major benchmark indices were mixed.Investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.Palantir Technologies Inc. (NASDAQ:PLTR), one of the poster children of this year's AI-fueled rally, slumped around 8% despite easily beating Wall Street estimates and raising its full-year guidance.President Donald Tr ...