Advisors

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020, women made 83 cents for every dollar earned by men, according to the U.S. Census Bureau. The gap persists despite women’s increasing levels of education and even widens among higher-income workers. By the end of her career, a full-time

MoMo Productions | Stone | Getty Images Retirees and those planning to retire soon are the people most threatened by high inflation, investment managers and financial experts said at CNBC’s Financial Advisor Summit. Inflation means a dollar today can buy fewer groceries and other household staples than it did a year ago, on average. Some

Bloom Productions Amid ongoing market volatility, actively managed exchange-traded funds may have a place in your portfolio. Most ETFs, which trade throughout the day like stocks, are passively managed — which means a fund’s performance generally mirrors the ups and downs of whichever index it tracks. A small but growing share, however, are employing active

Cleve Mesidor. Tom Williams | Cq-roll Call, Inc. | Getty Images Cleve Mesidor was working in the Obama administration in 2013 when she first heard about bitcoin. From the beginning, the concept excited her. Within a few years, she’d leave politics and enter the cryptocurrency space with a mission to make the new financial world

JGI/Jamie Grill The Covid-19 pandemic really highlighted how financially troubled our society is. Debt levels are extremely high, bankruptcies are commonplace and many Americans are living paycheck to paycheck. Today’s adults are suffering and may be setting the next generation up for trouble, as well. Tackling the financial literacy crisis in America begins in the

Stacy Francis Source: Stacy Francis Stacy Francis never planned to become a financial advisor, especially one for women going through divorce. But a candid talk with her grandmother shifted her career trajectory.  Her grandmother, Myra, was a victim of spousal abuse and, before passing, she confessed to staying in her marriage because she felt “financially

Tari Lee Sykes and her late husband, Charles Jeremy Sykes. She thought they’d have one more Christmas together. Yet a few days before the holiday, Tari Lee Sykes’s husband, Charles Jeremy Sykes, died after battling a rare lung disease for years. He’d never get to open the wrapped presents below their glistening tree. On top

Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuations. Those valuations make housing stocks look like the worst home in a bad neighborhood. But in reality, the industry is the cheapest house in an

Brittney Castro Source: Brittney Castro Brittney Castro began her career as a financial advisor at just 22. For her, being a young woman in an older, male-dominated profession, was an asset, so to speak, rather than a liability. Less than 33% of financial advisors are women, according to the U.S. Bureau of Labor Statistics. Even fewer

Yagi Studio | Digitalvision | Getty Images Special needs trusts are essential for the well-being of a person with special needs, experts say. “The most important reason for a special needs trust is that individuals with special needs often are unable to make appropriate financial decisions for themselves and/or are at risk for financial exploitation

Hinterhaus Productions | Stone | Getty Images The “gap” between how much money men and women are paid has long been a feature of the U.S. economy. While that pay differential has narrowed since the 1960s, progress seems to have slowed in the past decade or more — a dynamic that has big implications for

NicolasMcComber | E+ | Getty Images Whether you’re new to investing or have been in the market for years, you may feel a little bit like you are lost at sea looking for a safe harbor. Investors are contending with a confluence of market forces such as inflation, interest rates increasing, and the Russia/Ukraine conflict.