Thought the hedge fund mentions were in the rear-view mirror? Not so fast… Hedge funds have repeatedly found themselves under the microscope as of late, between the Gamestop saga to the more recent meltdown of Archegos Capital Management.
If you haven’t heard about NFTs yet, you surely will soon. It might be your kids asking you for money to buy “digital playing cards” like NBA Top Shots, or your favorite band/singer’s new album is auctioning off their songs. Recently, a piece of this form of “Digital Art” that anyone can view from their computer fetched $69 million at a Christie’s auction. Wait… What!? And no, that is not a typo.
Napa is apparently a legal scrabble word and is defined as a type of leather made by tanning sheepskin. Though, I suspect, most of us think “full bodied red wine” when we see those four iconic letters. Yes. treated well, leather does improve with time, but… today we will stay focused on wine (and the markets) - which also tend to improve with time.
Jim Ferrare was named to this year’s 2021 Best-In-State Wealth Advisors list by Forbes for the fourth year in a row.
Federal tax reform has escalated the cost of living in New Jersey, New York, Connecticut, and Illinois, among other states and we get asked by our clients every day about ways to reduce their tax burden. As businesses continue to weigh their options, lower taxes and other corporate incentives are driving more businesses to increasingly consider relocating their operations to Florida.
On-Demand Webinar: Withum Wealth Management Thought Leadership Series: A 2021 Perspective on Markets, Technology and Social Media
In an exciting fireside chat event, the Withum Wealth Management team partnered with Liz Ann Sonders, Senior VP and Chief Investment Strategist at Charles Schwab, and Sarah Personette, VP of Twitter Global Client Solutions, to discuss the latest trends in Economics, Technology and Social Media.