Everyone has a relationship with money. However, money itself is neutral as a tool used to get what you need and want. And yet it impacts nearly every aspect of life, beginning with how parents teach their children about money. From this view, there’s also a need to recognize its resulting effect. While money is powerful, you are in charge of that power and how it reflects on you, your family, and the relationships around your family.
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Companies in the cannabis industry and individuals working in cannabis-related businesses have sought to turn to the federal bankruptcy courts for relief when they became insolvent. While federal bankruptcy courts have taken jurisdiction for bankruptcies of companies focused on federally legal, industrial hemp, the United States Trustee Program has repeatedly challenged the ability of companies focused on medical or adult use cannabis.
Even if you do not live in a flood plain, the potential for flooding can happen anywhere in the country. Flooding is the most common natural disaster in the U.S. and occurs in every state and territory. Preparation is a must to prevent flooding loss.
The Denver City Council has approved a new local license to regulate and implement medical cannabis research and development facilities, marking the beginning of the city’s efforts to update its cannabis rules. For the first time, the city’s licensing process will include social equity requirements.
COVID-19 tested the resilience, creativity and crisis management skills of organizations, governments, and families around the world. As you reflect on the impact of the pandemic on your family from a historical perspective with your own family history in mind, this guide offers tips on how to collect, preserve, and share the memories and lessons learned from facing uncharted waters.
Most equity index maintenance is routine. We explore how the COVID-19 pandemic could make things different for major index providers ahead of their regular updates.
For the investors with the capital means to drive much needed social and environmental change, the time is now to align their values with impact investing. This year’s report highlights the positive impact of a portfolio committed to incorporating environmental, social, and governance (ESG) criteria with a goal to earn an attractive return while doing good in the world.
In the absence of nationwide directives from the federal government on how businesses should operate during the COVID-19 pandemic, states and municipalities have been issuing numerous orders—with variations big and small—detailing the scope of restrictions in place in each jurisdiction. Although businesses in the cannabis industry are used to complying with a patchwork of differing directives from state and local governments, it is important they take additional steps in order to mitigate their risk of suffering negative impacts from COVID-19.
While recent years brought concrete wealth planning changes with the latest tax legislation, 2020 sees families and their advisors preparing for the unknown. U.S. presidential and congressional elections will unfold against a backdrop of equally impactful societal changes—including rising healthcare costs, evolving technology, increasingly global citizenship, and mass wealth transfer. This year's outlook explores ways to optimize your wealth planning for changes on the near horizon.
Contrary to conventional “wisdom,” decisions regarding manager selection can impact performance as much as or more than decisions regarding asset allocation. Success in this manner involves the ability to identify and access managers who are often not available in common formats, such as mutual funds and most open-architecture investment platforms.