Author: Press Room

I’ve been in the financial advisory business for roughly 28 years—and for 28 of those years, I’ve had a challenging relationship with the notion of “business development”—or the shadier moniker by which it is also known, “sales.” This has been such a tenuous relationship because many of us in the industry—and all of the advisors at my firm—consider themselves high-level professionals, not salespeople. Yes, without business development, there is no business, but many, if not most, professional advisors would much prefer to do great work, have that work recognized, and have prospects lining up to request being clients. Even most…

This article was written byFollowThe author has an honours degree in economics and politics with a focus on economic development. With 36 years of experience in executive management he has extensive knowledge of insurance/reinsurance, Global and Asia Pacific markets, climate change and ESG. He invests in his personal capacity.Analyst’s Disclosure: I/we have a beneficial long position in the shares of PNGAY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Countries at the United Nations climate summit in Baku struck a final deal on the broad rules to launch carbon trading markets, almost a decade after being first proposed.The agreement passed at the UN COP29 climate summit late on Saturday night will allow countries and companies to trade credits for cuts in carbon emissions to offset their carbon footprints.The carbon trading mechanism had first been formally sketched out in the 2015 Paris agreement on limiting climate change, as a way for polluters…

Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host of little-known rules that are traps for the unwary, and that’s before considering the end of the Stretch IRA and the creation of the 10-year rule that were enacted in the Setting Every Community Up for Retirement Enhancement Act in 2019 and the accompany regulations that were finalized in 2024. There’s a host of under-the-radar rules beneficiaries need to know to minimize taxes and penalties and maximize the benefits of inherited IRAs. Here’s a review of them. Don’t contribute to…

Geospace Technologies Corporation (NASDAQ:GEOS) Q4 2024 Earnings Conference Call November 22, 2024 10:00 AM ET Company Participants Robert Curda – CFORich Kelley – President and CEO Conference Call Participants Jeffrey Feldman – Primary Succession CapitalScott Bundy – Moors & Cabot Operator Welcome to the Geospace Technologies Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelley, President and Chief Executive Officer. He is joined by Mr. Robert Curda, the Company’s Chief Financial Officer. Today’s call is being recorded and will be available on the Geospace Technologies Investor Relations website following this…

Donald Trump has picked Scott Bessent to be his US Treasury secretary, nominating one of his biggest financial backers as the top economic official of his second administration.Bessent will be responsible for overseeing the president-elect’s most prominent economic pledges, including sweeping tax cuts, while maintaining the stability of the world’s largest economy, its most important bond market as well as the dollar.The hedge fund manager’s economic philosophy seeks to bridge traditional free-market conservatism with Trump’s populism. He has defended the president-elect’s repeated threat of raising tariffs against accusations that they would upend relations with US allies and raise consumer prices,…

If you’ve never encountered the term “decumulation,” you’re probably asking, “Decumu-what???” For most of your investing life, you’ve been focused on accumulation investing, building wealth over time by maximizing your investment returns for a given level of risk. You’ve had the luxury of longer time horizons and the ability to weather the consequences of short-term volatility. Detached from spending goals, your portfolio could grow undisturbed, maybe even on autopilot as the years passed. As you approach retirement, I need you to hear me on this: An accumulation mindset will not be ideal once you’re on the other side of full-time…

With President-elect Trump set to return to the White House in January, the sun appears to be setting on the Biden administration’s student loan handout spree.  But one moderate New York Republican still thinks Congress should act to ease the debt burden carried by borrowers. Rep. Mike Lawler, R-N.Y., introduced legislation this week that would slash the interest rate on federal student loans from 3.5% to just one percent.”There’s no question that we have a student loan affordability crisis in this country,” Lawler told Fox News Digital in an interview. “And the bill that I’ve introduced would seek to address…

McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several media outlets for a roundtable session at the KÀ by Cirque du Soleil at the MGM Grand Casino in Las Vegas. Mastercard’s red and yellow circles will be seen on the vehicles driven by Lando Norris and Oscar Piastri this weekend.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM “One of the biggest brands in the world – global brand, innovation, technology,…

This article was written byFollowI am passionate about investments and financial analysis with over 10 years of experience in global markets. Specializing in macroeconomics, I base my investments on long-term growth strategies. I have worked for years in research, analysis, and consulting in the financial sector, and for this reason, I closely follow market trends. My investment approach is based on rigorous research aimed at finding investment opportunities through a contrarian strategy. I strongly believe that, in the long term, certain sectors are destined to grow, and I seek to take positions in the market during times of difficulty at…