baffos/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. One of the lesser-known rules of personal finance is that wealth is relative. A net worth of $500,000 might be a fortune in some places and barely enough in others. That’s why tracking your net worth against the national average and different percentiles can give you a clearer picture of your progress toward financial freedom. Must Read With that in mind, here’s the latest available governm ...

US-based private equity firm GTCR has agreed to acquire Fiduciary Trust Company (Fiduciary) for an undisclosed sum, to expand wealth management services. GTCR will partner with Fiduciary’s CEO Austin Shapard, and management team to accelerate growth and expand service offerings for ultra-high-net-worth clients. Founded in 1885 as a family office, Fiduciary is a US-based private wealth manager and trust company, managing around $34bn in total assets as of 30 September 2025. It provides comprehensive weal ...

Core Insights - In uncertain economic times, dividend-paying stocks are considered a safer investment option due to their potential for consistent payouts regardless of market fluctuations [1][2] Company Summaries UnitedHealth Group - UnitedHealth Group's share price has decreased by 36% year-to-date, primarily due to a Department of Justice investigation for alleged Medicare fraud [3][4] - The company is viewed as "too big to fail," and its valuation may become more attractive for investors believing in its recovery [3] - The growing and aging U.S. population will continue to drive demand for healthcare services [3] - Current market capitalization is $284 billion, with a recent dividend yield of 2.73%, and total yield including share buybacks is approximately 5.75% [5][6] Bank of America - Bank of America is another holding of Berkshire Hathaway, which owns about 8% of the bank [7] - The bank has been reducing its position, possibly due to decreasing interest rates affecting profitability [7] - Despite this, Bank of America has growth drivers in brokerage accounts and wealth management services, which are less impacted by interest rates [9] - The recent dividend yield is 2.15%, with total annual payout per share increasing from $0.20 in 2015 to $1.06 recently [10] Lennar - Lennar is a major American homebuilder, benefiting from the ongoing demand for affordable housing [11] - Falling interest rates could stimulate home buying, positively impacting Lennar's business [13] - The company has a backlog of nearly 17,000 homes valued at $6.6 billion and has repurchased $507 million worth of shares [14] - Recent dividend yield stands at 1.7%, with significant shareholder value enhancement through stock buybacks [14] Vanguard International High Dividend Index ETF - The Vanguard International High Dividend Index ETF focuses on dividend-paying stocks outside the U.S., appealing to investors concerned about the domestic market [15] - The ETF has a dividend yield of 3.9% and a five-year average annual return of 14% [16] FMC - FMC, a specialist in crop protection and nutrition, has a high dividend yield of 17% but has seen a stock price drop of nearly 73% year-to-date [17][18] - The company recently cut its per-share dividend by 92%, indicating financial distress [18] - FMC's challenges are linked to its India business, which is being divested, making it a riskier investment compared to other alternatives [18]

Financial Performance & Forecasts - SMFG raised its full-year net income forecast by JPY 200 billion to JPY 15 trillion, a 27% YoY increase[5] - Net income for 1H FY3/26 increased by JPY 2083 billion, a 28% YoY increase, reaching JPY 9335 billion[6, 15] - The company expects ROE to reach 10%, achieving the FY3/29 target ahead of schedule[3] - Gross profit for 1H FY3/26 was JPY 22988 billion, up JPY 2535 billion YoY[6, 15] - Net business profit for 1H FY3/26 was JPY 11481 billion, up JPY 2298 billion YoY[6, 15] Shareholder Returns - The company increased the dividend to JPY 157 per share, a YoY increase of JPY 21 or 35%[3, 12] - SMFG resolved to implement an additional JPY 150 billion in share buybacks, bringing the total to JPY 250 billion[3, 11, 12] Business Unit Performance - Retail business unit's net income increased by JPY 443 billion[87] - Wholesale business unit's net business profit increased by JPY 972 billion[87] - Global business unit's net income increased by JPY 444 billion[92] Balance Sheet & Capital - Domestic loans increased by 9% YoY and deposits increased by 2% YoY[45, 49] - The company is tracking toward a JPY 600 billion reduction in equity holdings over five years[71, 72]

It has been about a month since the last earnings report for Morgan Stanley (MS) . Shares have added about 3.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Morgan Stanley due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.Morgan Stanley Q3 Earnings Beat on Deal-Making Bo ...

Skip to Main Content Skip to Search This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Merrill Lynch's Growth Plans Draw Heavily From Bank of America Foundation The wealth manager looks to grab more market share and improve its margins through a combination of building its ...

Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East. Chairman Chen Liang said the Chinese investment bank saw opportunities arising from Asia's booming wealth-management sector and the disruptive potential of artificial intelligence, which were both expected to drive future business growth. As Chinese companies sought to e ...

Australia’s Perpetual has signed an exclusivity deed with Bain Capital Private Equity as discussions regarding the possible sale of its Wealth Management arm move forward. The company stated in an announcement that there is “no certainty of reaching a binding agreement or that any transaction would proceed", and assured shareholders they will be kept informed in line with disclosure requirements. Earlier in 2024, Perpetual revealed it had reached A$2.18bn ($1.42bn) agreement with KKR to sell both its wea ...

Group 1: DBS Group - DBS Group is projecting net interest income (NII) growth for 2025, contrasting with competitors OCBC and UOB, which anticipate NII pressures due to net interest margin compression [3][5] - In Q2 2025, DBS reported a 4.6% year-on-year increase in total income to S$5.7 billion, despite a slight net interest margin decline to 2.05% [3][4] - Non-interest income surged by 10.4% year-on-year, with wealth management fees increasing by 25%, indicating a strong diversified revenue model [4][5] - Management is hinting at a potential increase in the quarterly dividend from S$0.60 to S$0.66 in Q4 2025, reflecting confidence in wealth management momentum and loan growth [5][6] Group 2: Frasers Logistics & Commercial Trust - Frasers Logistics & Commercial Trust (FLCT) experienced a 13.8% year-on-year decline in distribution per unit (DPU) to S$0.03, despite a 7.5% revenue increase to S$232.3 million [8] - Finance costs rose significantly by 35% year-on-year to S$39.4 million, with borrowing costs reaching 3.0%, impacting profitability [8][10] - The occupancy rate at Alexandra Technopark is low at 77.1%, contributing to a commercial portfolio occupancy of only 84.1% [9][10] - FLCT's recent divestment of A$195.3 million in Melbourne was aimed at reducing gearing from 36.1% to 34.6% and addressing the supply glut in the area [9][10] Group 3: Singapore Telecommunications (Singtel) - Optus, a subsidiary of Singtel, reported a 36% year-on-year increase in EBIT for Q1 FY2026, continuing a strong performance trend [11][12] - Despite financial success, Optus faces significant operational challenges, including network failures that have led to tragic incidents and disruptions [12][14] - Optus generates approximately A$8.2 billion annually, accounting for about half of Singtel's revenue, but ongoing network reliability issues could threaten future profitability [13][15] - An independent review may necessitate costly infrastructure upgrades, potentially impacting Singtel's S$2 billion share buyback and annual dividend [14][15]

2 Table of Contents 3Q 2025 Investor Presentation October 30, 2025 Safe Harbor The information contained in this investor presentation may contain statements that are not historical in nature but rather are based on management's beliefs, assumptions, expectations, estimates and projections about the future. These statements can sometimes be identified by Arrow's use of forward- looking words such as "may," "will," "anticipate," "estimate," "expect," or "intend." These statements may be "forward-looking stat ...