Lauren Foster is the former managing editor of Enterprising Investor and co-lead of CFA Institute’s Women in Investment Management initiative. Previously, she worked as a freelance writer for Barron’s and the Financial Times. Prior to her freelance work, Foster spent nearly a decade on staff at the FT as a reporter and editor based in the New York bureau. Foster holds a BA in political science from the University of Cape Town, and an MS in journalism from Columbia University.
What do Homer’s Odyssey, Boombustology, and "financialese" have to do with wealth management? Quite a lot, it turns out.
The big news for watchers of the wealthy (and U.S. elections) came in late January when Mitt Romney disclosed his tax returns for 2010. Not surprisingly, the presidential wannabe’s low effective tax rate prompted uproar and provided the news media with plenty of fodder.
Do you have what it takes to be a successful financial adviser? To find the answer, the folks at MarketPsych surveyed a group of advisers. Not surprisingly, they found there was a strong correlation between a focus on client relationships and business growth.
We are just two months shy of the deadline for the SEC’s new rules on family offices, which could shake up the way the ultra wealthy manage their affairs and prompt some consolidation in the industry.
Starting a private business could put you on the path to untold riches. But it could also land you in a precarious financial position.
Think of the name Lauder and the first thing that probably comes to mind is cosmetics. But mention the family to a savvy tax and estates attorney, or a financial adviser who is adept at arranging tax-advantaged transactions, and you may be surprised to hear the words “prepaid variable forward contract.”
Pop quiz: If your client wants to talk to you about effective giving strategies, are you equipped to handle the discussion?
If not, consider this: Wealthy clients are increasingly expecting their advisers to talk about philanthropy. According to the READ MORE ›
A few weeks ago, Daniel Kahneman, the Nobel prize-winning psychologist and pioneer of behavioral economics, wrote a fascinating article in The New York Times Magazine that examines the illusion of skill as it… READ MORE ›
With interest rates at record lows, wealth managers who serve charitably minded clients in the United States may want to take a closer look at the merits of a charitable lead trust, a vehicle that is sometimes referred to… READ MORE ›
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.