In an unpredictable world, safeguarding your family’s financial future is of paramount importance. One crucial tool in achieving this peace of mind is life insurance. TFS Financial Insurance Services & Total Financial Solutions, Inc. stands out as a trusted partner in this endeavor, offering a broad range of life insurance solutions tailored to meet your…
Tag: Financial
Edelman Financial Engines Acquires PRW Wealth Management
Edelman Financial Engines LLC on Thursday announced the acquisition of PRW Wealth Management LLC, a registered investment adviser headquartered in Quincy, Massachusetts. PRW manages more than $500 million in assets under management for approximately 200 clients, including individuals, families, endowments and foundations, and business owners. The firm provides a range of wealth management capabilities, focusing…
Got This Much in the Bank? It Turns Out, You Could Be Happier With A Financial A…
In an era where wealth and well-being are closely intertwined, a recent survey sheds light on an interesting aspect: People with more than $1.2 million in assets experience increased happiness when they engage the services of a financial adviser. The survey uncovers a significant correlation between the strategic management of wealth by financial advisers and…
Financial well-being, health care affordability are top concerns for workers and…
Employers are showing greater concern over their workers’ financial well-being as well as their workers’ ability to afford health care. Those were among the takeaways from the Mercer 2023-24 Inside Employees Minds study, which was the topic of a recent webinar. This year marks the third edition of the study, which has been compiled in…
What Financial Engineering Does to Hospitals
Riverton, Wyoming, a city of about 11,000 people at the feet of the Wind River mountain range, seems far away from the world of Big Finance. Yet like so much of America, Riverton has become well acquainted with the business that most epitomizes today’s Wall Street: private equity. In 2018, the local hospital, SageWest, was…
Caregivers need more social and financial support
Whenever I get together with a group of people these days it seems almost everyone has a story to tell about caring for aging parents and relatives (even if they have died). The love that threads these stories is life affirming. The emotional strain from the caregiving experience is also very real. November is National…
Financial planning tools can help increased competition for students
Key points: Declining student numbers, devalued degrees, lower retention rates, and affordability concerns continue to reshape the higher education landscape and increase competition among universities. Uncertainty about future enrollment levels creates significant financial challenges for institutions that historically have relied heavily on tuition revenue. In fact, a recent survey showed that 81% of university leaders…
The Rise of the “Indeployee” Model in Financial Advice
I embarked on my career in this industry almost three decades ago, working with what was then the up-and-coming RIA custody organization known as Charles Schwab Institutional. Now known as Schwab Advisor Services, the custodian has become synonymous with the independent advisor model with over 7,000 RIAs and $3.5 trillion in assets. Back in 1995,…