Latest news with #FinancialEducation
Reuters
8 hours ago
- Business
- Reuters
Axium Wealth Founder Charlie Dombek's National Financial Education Initiative for Tax-Smart Investors
NEW YORK, NY, August 20, 2025 (EZ Newswire) -- Axium Wealth, opens new tab, a leading provider of advanced wealth management and tax mitigation strategies, launched a nationwide financial education initiative led by its founder and CEO, Charlie Dombek. The program is designed to help investors, entrepreneurs, and high-income professionals grow their wealth more rapidly through a combination of tax-smart strategies and by improving investment performance through reallocation of market based capital into off market alternative and real estate investments that have the potential to generate returns and yields 3 to 4 times that of traditional financial products. With more than 25 years of experience as a CPA and wealth architect, Dombek is recognized as one of the foremost authorities on both domestic and international tax planning. Through this initiative, he will host a series of educational events, webinars, and workshops that focus on practical, results-driven strategies for recovering dollars unnecessarily paid in state and federal income taxes, diversifying investments into off market opportunities, and navigating complex financial markets. 'Far too many successful individuals lose significant portions of their wealth to taxes and inefficient planning,' said Dombek. 'Our mission is to arm investors with the same tools, strategies, and insights that the ultra-wealthy and institutional investors have long used to protect and grow their capital.' Dombek's diverse track record includes raising more than $300 million in equity for real estate acquisitions totaling nearly $700 million in value, sponsoring alternative lending and real estate-backed platforms, and managing capital in foreign exchange and entertainment-related investments. His clients include family offices, professional athletes, entertainers, and healthcare professionals across the U.S. In addition to his work with Axium Wealth, Dombek is the founding partner of The Optimal Financial Group and Dentistry Wealth. He is also a syndicated radio host and frequent guest on national programs, including 'The Trish Regan Show,' 'The Hugh Hewitt Show,' and 'The Larry Elder Show.' About Axium Wealth Axium Wealth provides advanced wealth management and tax mitigation strategies to high-net-worth individuals, family offices, and business owners nationwide. Founded by Charlie Dombek, CPA, MBA, Axium integrates tax planning, real estate, and alternative investments to deliver comprehensive solutions for preserving and growing wealth. Learn more at opens new tab. Media Contact Richard Lorenzenrlorenzen@ ### SOURCE: Axium Wealth Copyright 2025 EZ Newswire See release on EZ Newswire
Yahoo
2 days ago
- Business
- Yahoo
Mastercard's social impact leader explains why financial education can't be forced
Listen and subscribe to Living Not So Fabulously on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Financial literacy is important for everyone, but what is the best way to convince people that getting a financial education matters? On a July 17 episode of Yahoo Finance's Living Not So Fabulously podcast, Shamina Singh, the president of Mastercard's Center for Inclusive Growth, explained that financial tools and education are most effective when they're designed around the moments someone will actually need to use them in the real world. "We have done a lot of research at the Center for Inclusive Growth around this very issue, and of course, I think baseline, everybody needs financial education in their curriculum,' she said. 'The learnings that we've had at the center tell us that people generally will learn financial situations and financial education when they need it. When they have to utilize a different tool or product, they have to open a bank account, or they're getting a government subsidy that requires them to learn how to use their wallet. That tends to open up their minds to 'I need to understand how to do this.'" This is when people are most open to learning something new, she explained, and when financial tools and education have the best chance at being effective. "That's the moment when you can get in," she continued. "It's a use case, it's providing the proof point that's either going to help them save time, learn something new that's going to matter to them, or help increase their wealth." Prior to her work with Mastercard, Singh held multiple positions with the US government focused on policy, including senior positions in the US Departments of Labor and Health and Human Services. She was also a senior adviser to then-House Minority Leader Nancy Pelosi. Singh left public service on the advice of her mentor, former Texas Governor Ann Richards, who stressed that there was much more to learn about financial patterns in the private sphere. According to Singh, Richards told her, "Once you learn how money moves, ... you'll be able to make even more difference in the work that you decide to pursue." Singh's financial education led her to develop the Mastercard Center for Inclusive Growth, which aims to help individuals and small businesses grow and develop their own financial security using data-driven research. She stated that real change comes from pragmatic approaches that are primed to help people when they have real-world needs. "Financial education is the baseline," she reiterated. "100%, financial education as a tool to increase wealth at the moment you actually need it. So it's a little bit of a difference in how we approach our financial education and the work that we do at the center. We really try to inject it or put it in motion when it's relevant to a life stage or a life situation.' Read more from Living Not So Fabulously: Mastercard's social impact leader explains why financial education can't be forced Don Lemon shares the 4 investing rules he learned building a career in media 'Severance' actor Jen Tullock describes the financial constraints many actors face In addition to helping individuals develop their own sense of financial security, the Center for Inclusive Growth also partners with Community Development Financial Institutions (CDFIs) to help small businesses reach the next level of development where a bank might not be able to offer financial assistance. 'These are little-known gems of financial power that help small businesses who may be on the cusp of growth get to the next level,' she explained. 'If you connect with a CDFI, their lending terms are different from banks and their ability to look at your history, where you've come from, what you are going to contribute, what your business will contribute, allows them to lend — maybe at a slightly higher interest rate — but they're not they're not loans that are seeking to hurt your business in the end. These are community-based loans, and they're usually given through small businesses.' Every Wednesday, dive into real money stories from the LGBTQ community with podcast hosts David and John Auten-Schneider. You can find more episodes on our video hub or watch on your preferred streaming service. Sign up for the Mind Your Money newsletter Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
18-05-2025
- Business
- Zawya
The BIBF and GFH Financial Group announce strategic collaboration
Manama – The Bahrain Institute of Banking and Finance (BIBF), the region's premier training and development provider, and GFH Financial Group (GFH), a leading Islamic financial institution headquartered in Bahrain, are proud to announce a strategic partnership to develop a groundbreaking book on Islamic Capital Markets. This collaboration underscores both organizations' commitment to advancing knowledge, fostering innovation, and strengthening Bahrain's position as a global financial hub. The project, a comprehensive book, aims to provide an authoritative resource on Islamic capital markets, blending academic rigor with practical insights. The book will feature various chapters and relevant case studies, with a focus on real-world applications. The book will serve as a vital resource for professionals and institutions, reinforcing Bahrain's leadership in Islamic finance education and innovation. The BIBF's Chief Executive Officer, Dr. Ahmed Al Shaikh, commented: 'We are thrilled to partner with GFH Financial Group on this transformative project. This collaboration aligns with our mission to deliver world-class education and thought leadership in Islamic finance. By combining the BIBF's expertise in training and advisory with GFH's pioneering contributions to the industry, we aim to produce a definitive resource that will empower professionals globally.' GFH Financial Group's Chief Operating Officer, Mr. Salah Sharif, added: 'GFH is proud to support this initiative, which reflects our commitment to fostering innovation and sustainable growth in Islamic finance. By contributing our real-world insights and expertise, we aim to create a lasting impact on the global financial community while reinforcing Bahrain's role as a leading financial hub.' The book is expected to be completed by the end of 2025 and will be distributed to academic institutions, financial organisations, and industry stakeholders worldwide. For more information about the project or to inquire about collaboration opportunities, please contact islamicfinance@ or call 17815555. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management For more information, please contact the Marketing and Corporate Communications Department at: Email: media@ Website: About GFH Financial Group B.S.C. GFH Financial Group, licensed as an Islamic wholesale bank by the Central Bank of Bahrain and headquartered at GFH House, P.O. Box 10006, Manama Sea Front, Kingdom of Bahrain is one of the most recognised financial groups in the Gulf region. Its businesses include Investment Management, Treasury & Proprietary Investments, Commercial Banking and Real Estate Development. The Group's operations are principally focused across the GCC, North Africa and India, along with strategic investments in the U.S., Europe and U.K. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) where it is one of the most liquid and actively traded stocks. For more information, please visit GFH Financial Group Nawal Al Naji Senior Manager - Corporate Communications Email: Nalnaji@
