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☆ Jeff Erdmann has been the best wealth advisor in the US for 7 years running. The Merrill Lynch pro told us how he's keeping clients' money safe with a recession on the way.
▼ + stars: | 2023-01-31 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Forbes has named Jeff Erdmann the best wealth manager in the US every year since 2016. Erdmann's group at Merrill Private Wealth Management oversees $14 billion in assets. Erdmann, who is coming up on his 40th year at Merrill Private Wealth Management, has been named the best wealth manager in the country by Forbes every year since 2016. In stocks, Erdmann says he remains committed to dividends and dividend growth. Erdmann says allocating to the right sectors is vital, and right now, it's not clear what parts of the market offer the best long-term opportunities.

☆ Rockefeller Capital is approaching $100 billion in client assets. CEO Greg Fleming lays out his plans to double that and hire 150 more wealth advisors.
▼ + stars: | 2023-01-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Wall Street veteran Greg Fleming founded Rockefeller Capital Management almost five years ago. Wall Street veteran Gregory Fleming launched wealth firm Rockefeller Capital Management in 2018 with the goal of hitting $100 billion in assets by 2023. If anything, the market turbulence has led to more inbound interest from clients, Fleming told Insider. He added that there is still potential to convert more wealth management clients into advisory clients and vice versa. For us, a lot of it is about the fit with the Rockefeller global family office," he said.

☆ 'Trump fatigue' in New Hampshire complicates 2024 White House bid
▼ + stars: | 2023-01-27 | by ( Tim Reid | ) www.reuters.com time to read: +9 min

"Donald Trump right now is a distraction for the Republican Party in trying to go forward. Yet the willingness of Republican party members to criticize Trump in conversations with Reuters is striking. She worked on his New Hampshire primary campaign, knocked on doors for him, urged anybody she met to vote for him. Despite signs of weariness with Trump, he will still be a formidable candidate in the New Hampshire primary, some party strategists said. His influence is still fairly significant," said Jim Merrill, a veteran New Hampshire Republican strategist.

☆ Watch CNBC's full interview with Wharton's Jeremy Siegel, Solus' Dan Greenhaus and Merrill's Marci McGregor
▼ + stars: | 2023-01-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel, Solus' Dan Greenhaus and Merrill's Marci McGregorJeremy Siegel, Wharton School of business professor, Dan Greenhaus, Solus Alternative Asset Management chief strategist, and Marci McGregor, Merrill and Bank of America senior investment strategist, join 'Closing Bell: Overtime' to discuss the Fed's next meeting and what the next rate hike would mean for the markets.

☆ Rockefeller Capital's Greg Fleming on the $98 billion firm's plans to double assets
▼ + stars: | 2023-01-26 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Wall Street veteran Greg Fleming founded Rockefeller Capital Management almost five years ago. Wall Street veteran Gregory Fleming launched wealth fim Rockefeller Capital Management in 2018 with the goal of hitting $100 billion in assets by 2023. If anything, the market turbulence has led to more inbound interest from clients, Fleming told Insider. He added that there is still potential to convert more wealth management clients into advisory clients and vice versa. For us, a lot of it is about the fit with the Rockefeller global family office," he said.

☆ Malcolm Ethridge: Nobody is really looking at the tech sector for guidance on where the economy is
▼ + stars: | 2023-01-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalcolm Ethridge: Nobody is really looking at the tech sector for guidance on where the economy isShannon Saccocial, SVB private chief investment officer, Malcolm Ethridge, former Merrill Lynch financial advisor, joins. to discuss if stocks are trying to make a statment and what tech sector suggests on economy.

Some hedge funds, wealth managers, and asset managers are still hiring. Layoffs across industries have been dominating headlines in January, and Wall Street has been no exception. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. Emily Landon, the CEO of the Chicago-based headhunting firm The Crypto Recruiter, pointed to the job board Crypto Careers, which has over 2,400 openings.

☆ Investors should stay balanced and not get overly defensive, says Merrill's Chris Hyzy
▼ + stars: | 2023-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should stay balanced and not get overly defensive, says Merrill's Chris HyzyChris Hyzy, Merrill and BoA Private Bank CIO, joins 'Closing Bell: Overtime' to offer his case for stocks having a rough first half this year.

☆ Watch CNBC’s full interview with Merrill and BoA Private Bank's Chris Hyzy
▼ + stars: | 2023-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Merrill and BoA Private Bank's Chris HyzyChris Hyzy, Merrill and BoA Private Bank CIO, joins 'Closing Bell: Overtime' to offer his case for stocks having a rough first half this year.

☆ New Zealand PM Jacinda Ardern's resignation shows burnout is still going strong. Here's how to know when you're there and why calling it quits might be the right thing.
▼ + stars: | 2023-01-21 | by ( Bethany Biron | ) www.businessinsider.com time to read: +6 min

The resignation of New Zealand PM Jacinda Ardern is shedding light on burnout among top global leaders. "I no longer have enough in the tank to do the job justice," Ardern said on Thursday. Insider spoke to experts to discuss how to identify burnout and when quitting might be the best option. Here's how to assess burnout and recognize when it might be time to hit the road, according to experts. "The reality is that burnout really happens in the shadows.

☆ An Alabama 'election denier' is leading efforts in the state to withdraw from a national organization that combats voter fraud
▼ + stars: | 2023-01-20 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +8 min

Alabama's top elections official is withdrawing the state from a nonprofit known as ERIC. Founded in 2012, ERIC began as a collaboration by election officials in seven states, four of them Republican. A powerful outlierOfficials, including Republicans, have credited the organization with helping clean up their voter lists and prevent fraudulent votes. A former state legislator, Allen was dubbed an "election denier" by the States United Democracy Center, a bipartisan group that promotes election integrity, over his support for overturning the results of the 2020 election. With or without Alabama, he said, ERIC will continue to focus on "improving the accuracy of America's voter rolls and increasing access to voter registration for all eligible citizens."

☆ These are the most important executives who joined Google Cloud in 2022 — and the ones who left
▼ + stars: | 2023-01-19 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +10 min

Below is a list of the key executives who left Google Cloud in 2022 — and the most important new hires. At Google Cloud, Gearhart was responsible for the Google Cloud Platform and Google Workspace channel business around the world, according to her LinkedIn profile. Exit: Frank BienBien, a Looker vice president, left Google Cloud in February, two years after Google acquired the data-analytics company for $2.4 billion. A nearly 20-year Microsoft veteran, Jester joined Google Cloud in 2019 as part of an executive hiring spree initiated by Kurian, who had recently taken the helm of Google Cloud. Hire: Kevin MandiaMandia, Mandiant's CEO and cofounder, joined Google Cloud in September after Google completed its $5.4 billion acquisition of his cybersecurity firm.

☆ Italy set to appoint veteran economist Barbieri as new Treasury head
▼ + stars: | 2023-01-19 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +3 min

SummarySummary Companies Barbieri to replace Rivera, who failed to win over MeloniPrevious Treasury chiefs include former PM DraghiBureaucrats in Italy get substantial say in policy-makingROME, Jan 19 (Reuters) - Italy's government is set to appoint veteran economist Riccardo Barbieri as director general of the Treasury, replacing Alessandro Rivera in the influential position, the economy ministry said on Thursday. The move marks a victory for newly installed Prime Minister Giorgia Meloni, who was looking to remove Rivera and put her stamp on key positions. "A cosmopolitan former banker and chief economist, Barbieri is one of the Treasury senior officials who liaises more frequently with Brussels," said Francesco Galietti, head of political risk consultancy Policy Sonar. MPS is 64%-owned by the Treasury following a 2017 bailout that cost taxpayers 5.4 billion euros ($5.8 billion). Rivera spent much of his career within the economy ministry, specialised in the handling of banking and financial crises.

☆ Why wealth management is Goldman Sachs' new 'crown jewel' with dealmaking at a standstill
▼ + stars: | 2023-01-18 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

CEO David Solomon acknowledged that a stronger wealth and asset management business would have helped the bank weather the storm. One of Solomon's three key priorities for Goldman Sachs is growing management fees in the asset and wealth management arm. Solomon touted the potential for its workplace wealth offering Ayco in October, but private wealth management is another opportunity. Of 43 job postings in asset and wealth management based in the US, 15 are within the private wealth unit. The wealth management business also boosts Goldman's other services, as the bank's co-head of asset management Julian Salisbury said in September.

Discovery CEO David Zaslav has assembled a Discovery-heavy leadership team to transform the company. Here are the 20 corporate, creative, and business execs charged with helping him pull it off. Discovery merger, CEO David Zaslav faces massive challenges as he tries to pump out cash to pay down debt while slashing billions in costs. Many of the corporate and business leaders Zaslav has assembled are Discovery execs he's worked with closely for years and who were given bigger roles after the merger. These 20 execs, listed alphabetically, are the power players Zaslav has put in place to help him get there.

☆ Demonstrators protest NCAA's transgender athlete inclusion
▼ + stars: | 2023-01-13 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

Former Kentucky swimmer Riley Gaines and about two dozen demonstrators outside the NCAA convention Thursday protested the inclusion of transgender athletes in women’s sports and threatened the association with legal action if it doesn’t change its policies. The topic has divided the U.S. for the past several years, with critics saying transgender athletes have an advantage over cisgender women in competition. Eighteen states have passed laws banning transgender athletes from participating in female school sports; a federal judge earlier this month ruled West Virginia’s ban is constitutional and can remain in place. The NCAA has permitted transgender athletes to compete since 2010. Harris said the transgender athletes policy is no different from other eligibility requirements.

☆ This property tech startup offers fractional home ownership to wealthy individuals. Check out the 16-slide pitch deck Fractal Homes used to raise $30 million.
▼ + stars: | 2023-01-09 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

London-based startup Fractal Homes has raised $30 million in debt and equity funding. The property tech company offers fractional home ownership for wealthy individuals from MENA. Fractal Homes, a property tech startup that helps wealthy individuals purchase second homes in desirable cities, has raised $30 million in debt and equity funding. To date, wealthy individuals from the MENA region have struggled to access the European housing market, Fractal claims. Check out Fractal Homes' pitch deck below:

☆ Alaska Airlines personal and business cards are adding new benefits, including priority boarding and 2x bonus categories, but it's not all good news
▼ + stars: | 2023-01-09 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com time to read: +23 min

Alaska Airlines credit cards are getting a makeover, with new perks and changes to earning categories. Alaska AirlinesBank of America has announced changes to the Alaska Airlines Visa® Credit Card and Alaska Airlines Business Credit Card . and Alaska Airlines Business Credit Card . Eligible accounts include business checking, business savings, business CDs, and Merrill business investment accounts. No other changesLike the Alaska Airlines Visa® Credit Card, the Bank of America Alaska Airlines Business Credit Card isn't making changes to its annual companion fare or 20% inflight rebate.

Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: Citi Double Cash card reviewBest credit cards for home improvement frequently asked questions (FAQ)What is the best credit card for home improvement? There really is no "best" credit card for home renovation that covers every situation. You can almost always pay for home renovations with a credit card — however, the above scenarios we've examined are pricey.

☆ The US relied on a secret force of Japanese-Americans to win World War II in the Pacific — while their families were locked up at home
▼ + stars: | 2023-01-05 | by ( Katie Sanders | ) www.businessinsider.com time to read: +17 min

Japanese-American Nisei soldiers at US Army Military Intelligence Service language school. Not many people know that we had Japanese-Americans fighting the Pacific war. The very first Japanese language school was started by the Army a months before Pearl Harbor. A US Army Nisei soldier gives water to a child in Okinawa. US Army Nisei soldiers interrogating a Japanese prisoner of war.

Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: Capital One SavorOne reviewCredit cards for college graduates frequently asked questions (FAQ)What happens to my college credit card when I graduate? If you're new to credit, you can check out Insider's guide to building credit with credit cards to help you improve your credit history faster.

$395 Apply now On Chase's website Apply now On Citi's website Apply now On Capital One's websiteHere are the best credit cards for Costco shopping. You'd be surprised to know that Costco credit cards aren't the best option. Annual Fee $0 Intro offer N/A Recommended Credit Excellent Regular Annual Percentage Rate (APR) 19.49% (Variable) Editor's Rating 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. Read our review Read Our Review A looong arrow, pointing rightThe best Costco credit card reviewsCiti Costco Anywhere VisaWhy the Citi Costco Anywhere Visa is worth it: As far as personal credit cards go, Costco has one — that's it. The Bank of America® Customized Cash Rewards Credit Card offers an equal or greater earning rate for Costco purchases than the above cobranded Costco cards in just about every category except gas stations.

Tax-loss harvesting, portfolio lines of credit, 529 college savings plans available Check mark icon A check mark. Competitive mobile and online offerings for digital investors and traders Check mark icon A check mark. Access to Certified Financial Planners at no additional charge Check mark icon A check mark. Low-cost, hands-off investment account that combines automated features with management from a team of human investment professionals Check mark icon A check mark. We compared nearly two dozen brokerages, placing heavy weighting on their advisory and trading fees, investment philosophy, investment options, and types of accounts available.

☆ Bruce Batkin Turned a Love of Architecture Into a Financial Career
▼ + stars: | 2023-01-01 | by ( James R. Hagerty | ) www.wsj.com time to read: +1 min

Bruce Batkin co-founded Terra Capital Partners in 2002 to package real-estate funds for investors, initially in Australia and later in the U.S.As a boy riding his bicycle on Long Island, Bruce Batkin often stopped at fancy homes and rang doorbells to request house tours, invariably granted to a cherubic child in the 1960s. Back inside his parents’ three-bedroom, one-bath ranch, he drew lavish floor plans. Later, at Cornell University, he earned a degree in architecture. He worked in real-estate finance for Merrill Lynch, ABN Amro Bank and Chase Manhattan Bank. In 2002, he co-founded Terra Capital Partners to package real-estate funds for investors, initially in Australia and later in the U.S.

☆ Here's what mattered in hedge funds and asset and wealth management in 2022
▼ + stars: | 2022-12-28 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +4 min

To be sure, some big investors like macro hedge funds have been notable exceptions to the market gloom. As we do our own account settling for the year, here is some of our best reporting on the buy-side: hedge funds, asset managers, and wealth management. Tiger, Tiger burning bright. Four years later, the hedge fund, founded by two former Millennium executives, has yet to live up to the lofty expectations for it. Among the money managers benefiting from these political moves are Bank of New York Mellon and Federated Hermes.

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