Wellness Financial News

Moneta, a fully partner-owned independent RIA with more than $30 billion in assets, is fortifying its presence in Colorado by adding a a team run by advisor tandem Amy Hiett and Mike Walsh to its network.

The theme for International Women’s Day this year is focusing on inspiring inclusion and investing in women, and it couldn’t be more timely for the financial advice industry. 

Less than a year after entering the scene, national RIA firm Modern Wealth Management has made a significant stride as it expands into a new regional market. The RIA announced its acquisition of Beltz Ianni & Associates, a Rochester, New York-based firm specializing in corporate retirement planning and individual wealth management.

Nvidia Corp’s scorching rally has added more than $1 trillion in value this year alone, sending it well above the level where it last split its shares. Some see the AI giant well placed to do so again. The company last announced a four-for-one stock split in May 2021, when it was trading at about $600 per share. Today, the stock is nearing the $1,000 level, extending last year’s 240% surge. While bulls argue that its valuation based on future earnings growth is relatively cheap, some potential investors may balk at the price.

Presidential elections and market corrections have a long history of companionship. Given the rampant rhetoric between the right and left, such is not surprising. Such is particularly the case over the last two Presidential elections, where polarizing candidates trumped policies.

According to the firm's annual results published today (8 March), assets under management rose by £15.1bn to £162.3bn last year, thanks to net flows of £4.2bn and positive market movements of £10.9bn.  External net inflows of £3.3bn, up from £1.7bn in 2022, were driven by net inflows of £2.7bn into its global equity strategies, including RLAM's first Japanese mandate, as well as net inflows of £1.4bn into cash funds, as investors sought to take advantage of rising rates.  These inflows were partially offset by £800m net outflows on the asset manager's sustainable funds. Royal Londo...

Investors have been treating Broadcom like the next Nvidia. They forgot about the iPhone. Broadcom’s market value has more than doubled over the past year, and its stock has been the third-biggest gainer on the PHLX Semiconductor Index in that time behind Nvidia and Advanced Micro Devices.

could "smell the stink of unflushed human excreta in toilet bowls from far way". The user further claimed that “it's not uncommon to see a line of residents going to the nearby forum mall do their business." In that Reddit post, the user was reportedly talking about the Forum Mall near the posh complex Prestige Falcon City on Kanakapura Road in Bengaluru. The Reddit user was a resident of Prestige Falcon City.

Short-term traders can look to buy the stock now for a target above Rs 700 levels in the next 2-3 months, suggest experts. Shares of Ambuja Cement rose from Rs 501 as of December 6, 2023, to Rs 603 recorded on March 7, 2024, an upside of about 20% in just 3 months.

Two tokens have recently captured the attention of investors: Shiba Inu (SHIB) and PEPE. Meanwhile, there is a growing enthusiasm for algorithmic trading, and this is where newcomer Algotech (ALGT) thrives.

For this women’s day, we wanted to highlight the different aspects of a woman’s financial life. We talked to a few female mutual fund distributors (MFDs), and SEBI registered investment advisors to share their experience handling women investors.

Masashi Kishimoto, the creator of Naruto, put out heartfelt statements, mourning the loss of their "inspiration". The news of Akira Toriyama's death was confirmed by Bird Studio, the manga company that Toriyama founded in 1983. “It’s our deep regret that he still had several works in the middle of creation with great enthusiasm," the studio wrote in a statement.

₹1,226 and a 12-month forward target PE multiple of 20.6x. Also Read: Sensex, Nifty 50 at record high; is market overheated? What should investors do? “After a strong run-up of Indian equities, some profit-taking in the near term cannot be ruled out as economic and geopolitical risks remain elevated.

Sini Shetty, the reigning Femina Miss India World 2022, is poised to dazzle the world as she represents India at the 71st Miss World pageant, which returns to India after 28 years. So far, with her intelligence and charm, as well as her performances in the Top Model and Talent rounds, she has earned a spot in the Top 14, solidifying her status as a frontrunner in the competition. Shetty — who has a bachelor’s degree in accounting and finance — recently spoke to India’s leading business channel ETNOW, for its programme ETNOW Hangouts. Excerpts from the interview: You’ve spoken about how you’ve been through different facets of your life — being an accounting student and preparing for your Certified Financial Analysis (CFA) to become a financial analyst. How do you like to invest your money? Let me tell you how I got into accountancy.

By Mike Dolan

Investing.com — New York Community Bancorp (NYSE:NYCB) stock has plunged more than 60% since the beginning of the year, with shares plumbing their lowest levels in decades.

EPF account holders from submitting a joint declaration form. Employers and employees are required to submit this form jointly for contributing to the EPF account on a basic salary higher than the current statutory wage ceiling of Rs 15,000 per month. The EPFO has issued a circular dated January 30, 2024, in this matter. However, the circular specifically states that the relief from submitting the joint declaration form does not apply to those who have applied for the higher pension under the Employees' Pension Scheme (EPS). So those who have applied for the higher pension have to mandatorily submit the form.

Many citizens get confused about whether the upcoming Saturday is a bank holiday or not. So, here is a clear picture of whether this Saturday, March 9 is a working Saturday or not. The holidays are determined by the state governments and the Reserve Bank of India (RBI)

water shortage that Bengaluru is reeling under, several of the city’s technology parks said they are able to maintain operations without much impact, thanks to their long-term focus on sustainability. Operators of these business parks, which house tech giants like Google, Accenture and Tata Consultancy Services, have implemented green initiatives such as harvesting rainwater, utilising on-campus RO plants for water treatment and reducing their electricity consumption. These measures, they said, have so far helped them effectively manage the situation. Meanwhile, they are also asking their tenants to be watchful about water consumption. As a result of design changes made for sustainability purposes, the overall water consumption of tech parks managed by Vestian has reduced by 35%, said Shrini Rao, chief executive of the commercial real estate services firm. “Business parks have implemented changes such as installing rainwater harvesting systems and using air-cooled systems in their air conditioning equipment instead of water-cooled systems,” said Rao. “Over the last decade we have seen campus projects developed in Bangalore focus heavily on sustainability parameters. The designs implemented for washrooms are mostly recycled water, for example, as the designs for landscape elements like lawns … all of these choices have reduced the impact of water shortage on commercial parks.”

Sukanya Samriddhi Yojana: In a bid to promote 'Beti Bachao Betio Padhao' campaign, the central government launched Sukanya Samriddhi Yojana (SSY) in the year 2015. The SSY scheme aims to build a fund for the girl child with the interest accrued on maturity being exempt from income tax under Section 80C of the Income Tax Act. While declaring interest rates of the small saving schemes for the fourth quarter of the current financial year, the central government has declared the SSY interest rate of 8.2 percent.

Manish Gunwani, Head — Equities, Bandhan AMC, says “there seems to be a fairly significant shift of sourcing from China and other countries to India. The good part is that in a lot of these segments, India has a big domestic market. So the expertise gets built and a lot of the companies are part domestic part exports. So one is just not playing only the domestic capex cycle, especially for the product makers. One is also playing this optionality that in a very big global market, they may become fairly large companies.” You have been talking about capex and infrastructure, stepping into elections. What is your narrative on the entire capex theme? And what happens post that if the government continues, which seems to be likely and the market also seems to be pricing it as of now? In that case, focus would be on private capex picking up because up until now, we have been running on government capex push. Manish Gunwani: This is not a very broad based capex theme like during 2002-2008, both in India and globally. For example, if commodity prices are soft, you cannot expect too much of capex from the steel guys, from the upstream oil and gas guys etc. But there are segments, obviously, like energy transition and power which are doing well.