People with a “planning mindset” typically have more savings, less stress, and are more likely to say they’re “thriving” in life
Through our Fintech working group, we are working across the Federal Reserve System to take a deliberate approach to understanding the potential implications of AI for financial services, particularly as they relate to our responsibilities.
The survey also indicates that other generations of high-net-worth individuals, including Boomers and Gen Xers, are less likely to report the same feelings.
Considering that almost 50% of Ultra High Net Worth family wealth is being managed through Family Offices, it is critical that adequate measures are put in place to defend these firms from the growing threat of increasingly sophisticated cyber-attacks.
Cloud has been, in her words, "a breath of fresh air" for financial institutions trying to reinvent themselves in the wake of the global financial crisis, as they grapple with a fall in money-making transaction fees.
Such was my experience at the Financial Engineering Institute’s Fall Family Wealth Conference in Orlando a few weeks ago and, hence, the need for this write-up on the Conference.
The retirement plan services unit offers custody, record-keeping, trust and other services to corporations, according to the news service. A Wells Fargo representative declined comment to Bloomberg.
When the compact disc was introduced, it commoditized the quality of recordings — but vinyl still lived on to everyone’s surprise, and it lived on in a very boutique kind of way.
Global KPMG study of 25,000 consumers reveals that we are embracing new technology, but are concerned with the types of data held by businesses.