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☆ These are the 10 best-led companies in the country, according to Glassdoor—they have more than just 'a great CEO'
▼ + stars: | 2024-05-15 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

The company with the best leadership in the U.S. isn't a tech titan or hospitality giant: It's management consulting firm Bain & Company. That's according to Glassdoor, which released on Tuesday its inaugural 50 Best-Led Companies ranking. The list measures how effectively bosses communicate and foster healthy company cultures, based on the workplace review website's anonymous employee ratings. Beyond Bain, the tech industry does occupy much of the list — 12 companies, more than any other sector. Consulting, finance and retail are the next-most represented industries, with six companies appearing from each.

Persons: Bain, Glassdoor, Daniel Zhao, Zhao, Nvidia Raymond James Organizations: Bain & Company, Consulting, CNBC, Equitable, Autodesk Bain & Company Locations: U.S

Miami financial advisors Gerald Grant Jr. and Gerald Grant III say anyone who wants to pass assets to their family needs an estate plan, but too many people don't get around to creating one. AdvertisementWhether you plan to leave your heirs $10,000 or $10 million, you need an estate plan. That might seem like an obvious statement, but it's a common blind spot among clients of Gerald Grant III and Gerald Grant Jr., father-son financial advisors at Equitable Advisors in Miami. An estate plan is a way to formalize your intentions for the assets you leave behind when you die. For example, they'll ask someone to update their beneficiaries or finish filling out a document for their estate plan within 30 days.

Persons: Gerald Grant Jr, Gerald Grant III, —, Grant Jr, Grant III, it's, I've Organizations: Finance, Service, Equitable Advisors Locations: Miami

Gerald Grant Jr. and Gerald Grant III are financial advisors in Miami and coauthors of a new book about building generational wealth. This article is part of "Money That Lasts," an ongoing series about generational wealth from Personal Finance Insider. In conversation with Business Insider, Gerald Grant Jr. and Gerald Grant III, father-son financial advisors at Equitable Advisors in Miami, said there are at least two ways Black Americans can start building wealth for themselves and their kids today. Income also appears to be a key factor in stock-market participation for Black Americans, according to a survey by Ariel Investments in 2015. About 57% of Black Americans earning between $50,000 and $100,000 were invested, while 81% earning $100,000 or more were invested.

Gerald Grant Jr. and Gerald Grant III are some of the best financial advisors in Miami and coauthors of a new book about building generational wealth. In order to keep young adults with access to an inheritance from squandering it, the advisors suggest setting up a trust fund with incentives. But Gerald Grant Jr. and Gerald Grant III, father-son financial advisors at Equitable Advisors in Miami, say there's a "fine line" between handing down too much money and just enough. Parents can assign incentives to a trustTo help their clients get it right, Grant Jr. and Grant III told Business Insider that they advise setting up a trust fund with incentives. As Grant Jr. and Grant III analogize, giving your heirs the keys to an expensive new car without teaching them how to drive it and maintain it well is a mistake waiting to happen.

Persons: Gerald Grant Jr, Gerald Grant III, —, Grant Jr, Grant III, Grant, Grant III analogize Organizations: Finance, Service, Equitable Advisors, Grant III, Business Locations: Miami, squandering

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