Money and Wealth

Carlyle Group’s new chief executive officer Harvey M. Schwartz stands to make more than $180 million over the next 5 years, a package that would make him one of Wall Street’s highest-paid executives. He will also earn a $1 million annual base salary and be eligible for bonuses of up...

Businesses are creating and collecting data significantly faster than before. Unfortunately, data can hurt businesses more than it helps if different departments or business applications process it in silos. In order to turn data into an asset, companies must engage the people providing it, keep it updated, and improve interdepartmental communication....

Risk profiling is an important responsibility of financial advisors. For them to assess and suggest financial planning, they need every detail from their client, which can affect finances in any way. One of the things finance advisors look into is the degree of risk tolerance. Basically, they must ascertain whether...

In the past few years, Citizenship by Investment (CBI) schemes have been doing rounds. Investors from across the globe are eyeing such schemes offering lenient citizenship requirements in exchange for investment in select forms. Often referred to as Golden Visas, they are essentially a gateway to citizenship and hence, the...

I started financial planning and management a little later than I should have. We all tend to become too lackadaisical and over-confident in our abilities to handle financial issues. But, finances and their management involve long-term efforts with significant forethought. Yes, you cannot be prepared for every financially intensive incident...

Finance management requires sound counsel, but many people cannot afford a full-time financial counselor or planner. Moreover, these full-time professionals do not come cheap and can cost quite a significant amount. Realizing the need to provide alternatives to people, Robo-advisors have evolved and become integral to financial management. AI is...

Golden Visas are indeed ‘golden’ opportunities for investors to invest in Europe and derive expedited residency privileges. These visas operate against a streamlined administrative framework aimed at easing the processing timeline and allowing wealthy investors to make hassle-free investments in the country. The phrase is commonly used in reference to...

Over the past few decades, the number of citizenship by investment (CBI) and residence by investment (RBI) schemes has increased tremendously. Europe and the Caribbean have been at the frontline in terms of these schemes as they roll out competitive schemes to attract investment in exchange for citizenship/residence along with...

With all the research and evidence on benefits of being methodical, why are so many top executives hares rather than tortoises? Here are five benefits of slowing down that will give you pause. Many business leaders and entrepreneurs believe that the key to getting ahead is to go-go-go, work at...

When you venture into the world of investment, you might get overwhelmed by the number of options available. The avenues of income generation have evolved, and as we speak, they continue evolving in sync with contemporary necessities. However, this also makes it challenging to determine the best assets for income...