As the new year begins, investors and economists are shifting their focus toward what's to come in 2024. Capital Gains Tax on Stocks: What It Is and How To Minimize ItRead: Owe Money to the IRS? Most.
January 1st brings a once-a-year opportunity to reset, regroup and reevaluate your financial course and the events of 2023 caused people to rethink their priorities in the coming year..
So far this year, investors have experienced a wild ride, with Russia’s invasion of Ukraine, the ongoing pandemic, supply chain shortages, rising inflation and interest rates roiling markets.
The Dow and S&P 500 index key market benchmarks continue to slip from their start-of-the-year highs, dipping into bear market territory as recession fears mount.
Wealthy individuals, by logic, should have more resources than the less affluent to weather this kind of economic uncertainly and market volatility.
Hartford-based investment management firm Bradley, Foster & Sargent (BFS) brought in new leadership and additional staff in the past two years as the portfolios it manages ballooned to more than $6 billion.
A handful of majority shareholders also allowed management and longtime staff to buy greater portions of the company to ensure loyalty and longevity.
Company leaders say the maneuvers are part of a “BFS 2.0” strategy shift, intended to prepare the 27-year-old firm for the coming two decades as founders and other leaders age into retirement.
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