George S. Farra (far left), co-founder and principal of Woodley Farra, and the team at Indianapolis-based financial advisory firm, which comes in at No. 1 on the CNBC FA 100 list for 2022. Portfolio manager George S. Farra is good at remembering his mistakes. More than a decade ago, he invested his clients in Hewlett-Packard,
Month: October 2022
A primary election voter enters a Tampa, Florida, polling place on Aug. 23, 2022. Octavio Jones | Getty Images Most women ages 50 and up plan to vote in this November’s midterm elections, but half of them have not decided which candidates they will vote for, a new AARP poll finds. One key issue they
It’s been the craze for several years now as the generational change in demographics highlights new marketing trends, but it has come under fire lately from several different directions. What is “ESG” investing, really? The problem is no one knows. Or maybe everyone knows. And they all believe (very strongly, by the way) it’s something
With the bulk of 2022 in the rearview mirror, it has become clear that the only constant for corporate tax departments around the globe is the state of flux in which they all find themselves. Against a backdrop of economic uncertainty, a host of new regulatory and compliance challenges have cropped up – from a
Hurricanes damage buildings in two major ways: Wind damage and flooding. In Hurricane Ian, which made landfall in Lee County, Florida last Wednesday, water was definitely a major factor, carrying homes off of their foundations, sweeping boats, cars and sea life through neighborhood streets and flooding roads, parks and structures. “Overwhelmingly, it’s been that surge
Displaced people in floodwater after heavy monsoon rain at Usta Mohammad city, in the Jaffarabad district of Balochistan province, on Sept. 18, 2022. Thirty-three million people have been affected by the floods in Pakistan, which started with the arrival of the monsoon in late June. Fida Hussain | Afp | Getty Images Calls for climate
In this article F GM TSLA DAL AAL RIVN GILD TWTR Follow your favorite stocksCREATE FREE ACCOUNT Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
The idea of bidding against the second-richest person in the world is understandably intimidating, even if you’re legendary former NBA big man Shaquille O’Neal. O’Neal, a 7-foot-1 Hall of Famer, says Bezos’ massive net worth “scared” him away from his plans to make a bid for ownership of the NBA’s Phoenix Suns. “Nobody on this
Peopleimages | Istock | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ proprietary database of registered investment advisors. This analysis started with an initial list
Despite stock market gains in the last couple of days, some investors are clearly tired of seeing losses in their retirement accounts this year. New data from Alight Solutions shows last month the vast majority of daily trades in 401(k) plans went from equities to fixed income. “Almost every time Wall Street has a major
Critics of Medicaid’s long-term services and supports (LTSS) program often complain that it is so poorly designed that lavishes benefits on wealthy retirees and wastes billions of dollars in taxpayer money. Some people do abuse the system. And they should be stopped. But the real problem with Medicaid LTSS is that in many states its
As your income grows from your small business, it can be shocking how large your tax liabilities can be each year. From State and Federal income taxes to self-employment taxes, your tax bills can be painfully large. Tax planning is an essential part of running a successful business. Keep reading for ways to minimize your
Terry Bradshaw, a Hall of Fame football legend and NFL sports analyst, is selling his massive rural estate in the Red River Valley of Southern Oklahoma for $22.5 million, according to Icon Global real estate agency. The equestrian and cattle ranch includes a six-bedroom, 8,600-square-foot home, 2,600-square-foot manager’s home, four-bedroom bunk house and multiple barns,
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Peter Coker Sr., one of the defendants in the case of the so-called $100 million New Jersey deli, hired a lawyer who previously represented “pharma bro” Martin Shkreli, according to a new court filing Tuesday. Coker Sr. hired Marc Agnifilo to represent him in his case against
Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings, a barometer of employers’ demand for workers, saw a near-record monthly decline in August. Openings fell by 1.1 million to 10.1 million, according to U.S. Department
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will
The Federal Reserve’s aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities if they keep up their action, and not just
Investors are rightfully worried about volatility. After stocks slumped in September, markets have had a strong start to the month, and are now on track to notch the biggest two-day rally since March 2020. The key to navigating the recent ups and downs comes to down “buying high quality stocks that pay dividends that tend to
Marko Geber | DigitalVision | Getty Images In times of uncertainty — turbulent markets, high inflation, geopolitical turmoil — we often write about what financial advisors are recommending to clients. This advice often boils down to “stay calm” and “don’t let short-term news lead to impulsive moves that have long-term consequences.” Many advisors also offer
On September 27, the Centers for Medicare and Medicaid Services (CMS) released the 2023 Medicare costs. Of note, the standard monthly premium for Part B, medical insurance, will drop $5.20, from $170.10 to $164.90. A drop in the premium is very unusual. The last time this happened was in 2012 when the premium decreased $15.50
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