Financial advisors face a rapidly changing landscape, with new strategies and tools continuously emerging to help better serve clients. Among these emerging strategies, direct indexing has gained substantial attention in the wealth management industry over recent years. Despite its potential
Recent changes in interest rates by the Reserve Bank of Australia (RBA) have significantly reduced mortgage stress among Australian homeowners. A study by Roy Morgan Research indicates a notable decline in the percentage of mortgage holders classified as 'At Risk' due to the RBA's
On April 17th, Bank of America Corp (NYSE: BAC) experienced a rather unpredictable trading session, displaying both gains and dips throughout the day before ultimately closing with a modest increase. BAC ended the day up by +0.21%, finishing at $37.41, which was a slight improvement from the
The discussion surrounding active versus passive investment strategies has consistently engaged the financial sector. Evidence depicting the underperformance of traditional active stock picking compared to passive strategies is hard to ignore. Over the years, a staggering 95% of active managers
Bank of America has been ordered to pay the Federal Deposit Insurance Corporation (FDIC) $540.3 million, a decision that arose from a prolonged legal battle centered around allegations of underpaying deposit insurance commitments. This authoritative directive, rendered by U.S. District Judge Loren
Self-managed super funds (SMSFs) face several formidable challenges when considering private equity investments. These challenges are markedly different from those associated with public equity markets such as shares listed on the stock exchange. Private equity investments, encompassing venture
