Posts filed under “Wealth Management”

Dynastic Billionaire Wealth Under Siege!

This has to be the strangest headline relative to the content I have seen in a very long time:


Source: Wealth Management

Category: Economy, Really, really bad calls, Wages & Income, Wealth Management

Revisiting Plutonomics

“The Plutonomy is here, is going to get stronger, its membership swelling. Toys for the wealthy have pricing power, and staying power.” -Ajay Kapur, global strategist at Citigroup     Today is the 8th anniversary of a fascinating set of observations via Robert Frank in the Wall Street Journal on income inequality. 8 years ago,…Read More

Category: Politics, Wages & Income, Wealth Management

Risks to Family Wealth

Source: U.S. Trust

Category: Digital Media, Markets, Wages & Income, Wealth Management

Where the Wealthy Folk Are

Source: The Economist     There are 12 million people on the planet that had investible assets of more than $1 million dollars. Collectively, this group controls $46.2 trillion dollars (2012). A quarter of them live in America (3.4m); followed by almost a sixth in Japan (1.9m) and a twelfth in Germany (over 1m). China and Great…Read More

Category: Wages & Income, Wealth Management

Are You Trying to Get Rich — Or Stay Rich?

Last week, Bloomberg caused a minor stir with their story on C/NET founder Halsey Minor (How Halsey Minor Blew Tech Fortune on Way to Bankruptcy): “How do you sell the technology company you founded for $1.8 billion and five years later file for personal bankruptcy? For Halsey Minor, it may have been a fascination with…Read More

Category: Rules, Wages & Income, Wealth Management

High Net Worth Households in USA

click for bigger graphic Source: Census   This map is rather intriguing, showing the concentration of high wealth households in the US. It comes from the recent Census report of the same name. Maybe its a bit misleading on a map, but that sure looks like a lot of  high net worth households . ….Read More

Category: Wages & Income, Wealth Management

Forgetting History: Value Creation & Tax Burdens

  “Taxes are the price we pay for a civilized society.” -Oliver Wendall Holmes, Jr. Associate Justice of US Supreme Court (1902-1932)   Following last week’s Phil Mickelson discussion, I received lots of emails and comments from financial advisers, accountants and lawyers. A recurring theme was an ongoing, almost resigned surprise amongst the professional set…Read More

Category: Taxes and Policy, Wealth Management