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Wealthtech Roundup: Envestnet, Vanguard Pair Tax-Aware Investing
Envestnet has announced an expanded relationship with Vanguard to integrate the investment management company’s Advisor’s Alpha framework into Envestnet’s Wealth Management Platform, pairing it with tax-aware portfolio management technology meant to help advisors deliver personalized after-tax outcomes for clients. The collaboration focuses on transforming tax-aware investing from a manual process into a scalable approach through…
Why Remote Work Is in Demand Worldwide
Happy workers stay at their jobs longer. That saves companies money, as they don’t have to worry about hiring or training new workers nearly as often. In fact, companies that offer at least some form of remote-work option have 25% less turnover, according to 2017 research from remote video-conferencing hardware maker Owl Labs. Over half…
Dedicated Volunteers in Nashville Relay Calm, Straight-Talk Info During Dtorms
Anyone who has watched an episode of “9-1-1: Nashville” could be forgiven for thinking the city is constantly beset by tornadoes that turn outdoor concerts into scenes of carnage and blow scooter-riding tourists onto the tops of water towers. That may be a TV exaggeration, but tornadoes and other dangerous storms do hit the city…
Why Verizon Stock Topped the Market on Thursday
The latest implementation of a shifting retail strategy was the spark that lit the fuse under Verizon Communications (VZ +2.37%) stock on Thursday. Cheered by the move, investors pushed the big telecom’s stock up by more than 2%, on a day when the S&P 500 index only ticked up by 0.4%. Franchises on the rise…
Despite 2024 Ruling, Appeals Court Won’t Budge in Golden Corral COVID Case
The North Carolina Supreme Court in 2024 famously bucked the trend on COVID-19 business-interruption coverage, finding that an insurer owed coverage to a restaurant that was forced to close during the pandemic. But that ruling is not enough to overturn a federal court decision in a similar case involving Golden Corral restaurants and Illinois Union…
Chip stocks enter bear-market territory. A BofA analyst says not to panic.
The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.