Archive for January, 2014

Why Does Family Wealth Fade Away?

  • by April Harper on Jan 23, 2014
  • Posted on Our Blog
  • Comments Off on Why Does Family Wealth Fade Away?

A lack of vision is often the answer to that question. Many are the stories of family wealth lost. In the late 19th century, industrial tycoon Cornelius Vanderbilt amassed the equivalent of $100 billion in today’s dollars – but when 120 of his descendants met at a family gathering in 1973, there were no millionaires […]

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Looking Back at 2013

How good a year was it for the economy? Statistics tell the tale. Was 2013 a terrific year for stocks? Absolutely. The good news wasn’t limited to Wall Street, however: the employment rate fell, the economy revved up, home prices rose and inflation pressure was minimal. Bulls triumphed. Christmas Eve brought the Dow’s 49th record […]

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