Under current law, financial advisors and brokers are bound by a “suitability” standard that requires them to recommend investment products that are deemed “appropriate” for a client’s defined need and objective. This standard of care does not rise to the level of a fiduciary, who is legally and ethically obligated to put their clients’ best […]
In this episode the relatable finance guys explain inflation: what it is, how it happens and why it is impactful. Provenance Wealth Advisors (PWA) is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc. Securities are offered through Raymond James Financial Services, Inc., member FINRA / SIPC. […]
For too long, women were socialized to believe that they were bad with money or that financial management was a role better left to their husbands. While women have come a long way, there remains a significant gender gap in financial literacy. According to the results of a recent study conducted by the Global Financial […]
Financial crimes against the elderly more than quadrupled between 2013 and 2017, according to the Consumer Financial Protection Bureau (CFPB). While it is common for the perpetrators of these scams and thefts to be unknown by the victims, they are too often the actual people that older adults know and trust, including their appointed caregivers, […]
In this episode, the relatable finance guys share tips for assessing the strength of the economy and how to apply this knowledge to your decision making.
Bitcoin is the first and perhaps most well-known cryptocurrency among hundreds of others, including Etherium, Ripple’s XRP token and Litecoin. In the simplest terms, cryptocurrency is a form of money stored and transferred electronically with no actual physical form. What makes this digital currency special is that it is decentralized, which means that it there […]
