NEW YORK CITY (WABC) — New York City Health Commissioner Dr. Ashwin Vasan sat down with Eyewitness News ahead of his last day as a member of the Adams Administration to discuss why he’s stepping down. Vasan initially told Mayor Eric Adams he would resign by the end of the year, but has accelerated his
As asset managers continue to add products that can help investors manage their taxes, the volume of money flowing into such vehicles continues to rise. According to a new report from Morningstar, assets in tax-managed SMA accounts reached over $500 billion at mid-year 2024, representing an increase of 67% in just a year and a
Accounting and tax management platform Febi.ai has raised $2 million in a pre-Series A funding round co-led by Lumis Partners, Virender Rana, Lenskart co-founder Amit Chaudhary, Padmaja Ruparel, Cashkaro co-founder Rohan Bhargava, Rajat Jain, and other investors. The proceeds will be utilized to further advance its artificial intelligence capabilities to automate accounting and tax compliance
Shanghai (Gasgoo)- On October 15, Crédit Agricole Personal Finance & Mobility (“CA Personal Finance & Mobility”), a subsidiary of France’s Crédit Agricole Group, signed a capital increase agreement with GAC Group’s two subsidiaries—GAC Business Co., Ltd. (“GAC Business”) and GAC Finance Leasing Co., Ltd. (“GAC Leasing”), in Paris, France, according to a post on GAC Group’s WeChat account.
KFF Health News — Before Hurricane Helene, had you stopped by one of the many breweries, art galleries, or award-winning restaurants in Asheville, North Carolina, and spoken with anyone who lives in these parts — including me — most would have told you they felt pretty safe from climate disasters. The mountains of western North
The alternative investment platform CAIS announced the launch of a registered investment advisory division, CAIS Advisors, at its third annual summit on Oct. 15 in Beverly Hills, California. Along with advisory services, the unit will provide financial advisors with customizable model portfolios and multi-manager registered solutions. Those services may make it easier for financial advisors
Key takeaways It’s important to differentiate between needs and wants when assessing monthly expenditures. The 50/30/20 rule is a helpful way to allocate income: 50 percent for needs, 30 percent for wants and 20 percent for savings or debt repayment. Cover essential needs like housing, utilities, groceries and health care before discretionary spending on wants.
Idahoans should use caution when recreating in or near Canyon County’s Lake Lowell due to the presence of harmful algal blooms. Recent samples from Lake Lowell, which is about 5 miles south of the Nampa/Caldwell area in the Deer Flat National Wildlife Refuge, showed high amounts of toxin-producing cyanobacteria. The toxins they produce, called cyanotoxins,
As part of its ongoing digital transformation strategy, QIIB has announced the launch of a new service allowing customers to reschedule personal finances through mobile banking. This marks the first time such a service has been introduced in this “dynamic and flexible format” within the local banking sector, providing customers with greater choice and flexibility
Artificial intelligence has made waves across various industries, and wealth management is no exception. AI’s ability to analyze vast amounts of data and generate insightful reports has the potential to significantly enhance the efficiency and effectiveness of wealth management firms. However, integrating AI also brings certain risks, particularly for fiduciaries in the family office context.