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What Is the Dow Jones (DJIA)? The Dow Jones Industrial Average (DJIA), sometimes referred to as the Dow or Dow 30, is a stock market index that tracks the performance of 30 large, publicly traded companies in the United States. Created in 1896, it is the oldest continuous barometer of the U.S. stock market, and one of the most widely quoted indicators of the stock market’s overall health. The DJIA takes the weighted average of the stock prices of the 30 component companies. { "@context": "h

For many partners at top law firms, their earnings represent the first time in that person’s family history that such wealth has been generated. With this first-generation wealth creation comes certain challenges like budgeting to maximize success, avoiding lifestyle creep, and navigating healthcare plans, but there are also many opportunities. As a partner in a law firm, they now have additional financial and tax responsibilities that they may not be fully aware of. Many focus on financia

Expansion into Richmond, VA, strengthens Wealthspire’s established presence in the Atlantic region New York, June 7, 2023 – Wealthspire Advisors, an NFP company and independent registered investment advisor firm headquartered in New York City, today announced a signed agreement to purchase ACG Wealth Management, a privately held and independent wealth management firm based in Richmond, Virginia. The transaction is expected to close in the third quarter of 2023, subject to customary approvals an

Lifestyle creep, or lifestyle inflation – when expenses rapidly rise to match newfound income – ensnares countless newly minted partners. Often there are underlying social pressures from peers or colleagues to keep up with new levels of conspicuous consumption. New indulgences and one-time splurges quickly become everyday necessities. It may begin innocently enough with a new car, a small remodel to an existing home, or a generous contribution to one’s alma mater, but it can quickly snowball in