Latest news with #wealthmanagement
Yahoo
4 hours ago
- Business
- Yahoo
GA (Int'l) Capital Management Announces Launch of Communication Hubs
HONG KONG, May 31, 2025 (GLOBE NEWSWIRE) -- GA (Int'l) Capital Management, a leader in tailored wealth management and investment services for high-net-worth individuals, is proud to announce the opening of satellite communication hubs in Germany, Belgium, the UK, and the USA. These hubs are designed to enhance the ability of GA Capital's brokers and analysts to connect with clients globally, offering seamless communication and support, wherever they of traditional walk-in offices, these hubs will function as centres for collaboration, enabling GA Capital's team to operate more effectively while travelling and working internationally. Equipped with state-of-the-art infrastructure, the hubs allow real-time connections for discussions on market developments, investment strategies, and personalized client support. This expansion underscores GA Capital's commitment to improving connectivity and accessibility for clients and experts across the globe. Global Reach, Personalised Connections "As we continue to grow, our goal is to maintain personal connections at the heart of our business," said Ho Ting Fung, CEO of GA Capital. "The new communication hubs will empower our brokers and analysts to collaborate with clients, no matter where they are. By offering our team the flexibility to work and communicate on their terms, we ensure that clients receive consistent, high-level service and insights." Enabling Enhanced Communication and Service The hubs will support a range of services, including: Discretionary Portfolio Management: Bespoke investment strategies tailored to each client's financial goals. Retirement and Succession Planning: Ensuring clients' future security and legacy. Expatriate Services: Specialised financial services for expatriates, particularly Australian and British citizens, protecting their global interests. These hubs streamline communication, enabling GA Capital's experts to provide creative financial solutions and strategies to clients worldwide, maintaining a highly personalised approach to service delivery. About GA (Int'l) Capital Management LimitedGA (Int'l) Capital Management Limited is a global leader in financial services, offering comprehensive solutions to clients worldwide. Focused on innovation, security, and customer service, the company is dedicated to providing reliable and cutting-edge financial strategies to meet the needs of an ever-changing market. For inquiries, please contact:Wong On Ying, COOGA (Int'l) Capital Management LimitedEmail: +852 3002 3446Website: : This press release is for informational purposes only and does not constitute financial advice. GA (Int'l) Capital Management does not guarantee investment outcomes or returns. Clients should seek professional advice tailored to their needs before making financial decisions. This content is provided by GA (Int'l) Capital Management Limited. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at 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
Yahoo
19 hours ago
- Business
- Yahoo
The 20 counties where taxpayers netted the highest capital gains
The more value that investors can receive in the form of long-term capital gains rather than ordinary income, the less they will pay back to Uncle Sam. Those in the 20 counties below ranked by the average net capital gains reported on their federal returns to the IRS are getting above-average appreciation on their assets with much lower tax rates, generally, than their incoming income, according to a study last month by advisor lead generation and client matchmaking service SmartAsset. The mix of areas known for a large concentration of wealthy residents and regions that don't immediately come to mind as a home to lots of rich people offered only more evidence of the investment industry's national scope. For financial advisors and their clients, the list provided geographic insights into the potential wealth management client base in the areas, and a reminder of important state-level variations in taxes that could affect portfolios and after-tax yields. "Net capital gains represent the profits a taxpayer recognizes from selling a capital asset after offsetting capital losses. These gains are often created by highly appreciated assets," Kathy Buchs, a senior tax advisor, team leader and managing director with Cleveland, Ohio-based registered investment advisory firm MAI Capital Management, said in an email. "We take geography into account when advising clients to sell an asset or consider tax loss harvesting due to state income tax ramifications," Buchs continued. "For example, California is a high-tax state that does not have preferential rates for capital gains. Therefore, it tends to be much more expensive to recognize gains in that state as compared to others." That difference in tax rules at the state level raises the possibility of strategies such as an incomplete gift non-grantor trust that, in some areas, could "eliminate the state taxation of the trust-owned portfolio," said Richard Austin, an executive director for estate and business planning with San Diego and Waltham, Massachusetts-based RIA firm Integrated Partners. In some cases, investors can even offset their capital gains for federal tax purposes based on losses in other holdings, he noted in an email. "Tax efficiency significantly impacts the performance of a client's portfolio by maximizing the after-tax return on investments," Austin said. "Investing across different countries and regions can reduce portfolio volatility. Markets in different parts of the world often have low correlation, meaning they don't always move in the same direction at the same time. If one market experiences a downturn, others might perform well, potentially stabilizing overall returns and the potential for future capital gains. State-specific tax rates impact tax efficiency of a portfolio. The difference in state income taxes creates a significant layer of complexity in achieving tax efficiency for a client's portfolio." Even though any type of data presents the possibility of noise factors affecting any particular region, the study "highlights that taking geography into account is essential when advising clients on their asset allocations," said Michelle Ash, a senior wealth advisor with the Jacksonville, Florida-based office of RIA firm Mercer Advisors. "Net capital gains is measured when a person is selling assets, and so it requires past investment success to be in that position," Ash said in an email. "It's no surprise to me that Florida would be the top state by this metric. Florida has no state income, inheritance or estate taxes, and so it's a beneficial place to live when you're selling assets. These Florida traits also attract a lot of retiring individuals who may be selling assets like homes and businesses when they retire or move." In focusing on capital gains, SmartAsset sought to home in on the areas where investors netted the most gains with preferential rates compared to ordinary income, according to the report's author, SmartAsset Director of Economic Analysis Jaclyn DeJohn. "Net capital gains, the profits from selling assets like stocks, real estate or businesses, are a key measure of investment success and regional wealth," DeJohn wrote. "Overall, high net capital gains can signal robust markets and affluent populations, with realized gains potentially boosting local economies through tax revenues and spending." Besides the listing below, here are some of the other interesting takeaways from the study: Three Georgia counties, Chattahoochee, Quitman and Taliaferro, displayed the smallest average net capital gains, at $2,400 or less. Fewer than 10% of returns in the counties had net capital gains. At the state level, West Virginia tax returns had the lowest average net capital gains at $14,612, followed by Wisconsin with $19,590 and Iowa with $20,220. On the other end of the spectrum among the states, federal returns out of Florida ($84,911), Wyoming ($84,246), Nevada ($77,491), the District of Columbia ($58,733) and Texas ($52,926) reported the highest average net capital gains. Scroll down the slideshow for the ranking of the top 20 counties in the U.S. in terms of average net capital gains. To see a list of the top 10 cities with the highest income among retirees, click here. For the group of the top 20 metropolitan areas where financial advisors' median pay increased the most last year, follow this link. Note: The below rankings are based on a report by SmartAsset called, "Where Americans Earn the Most From Investments." The study crunched the latest tax return data for the 2022 tax year released by the IRS across 3,022 U.S. counties and for each of the 50 states and the District of Columbia. The data include average net capital gains and investment-yield figures like taxable and tax-exempt interest and ordinary and qualified dividends. # of returns: 15,180# of returns reporting net capital gains: 6,010 (40%)Mean taxable interest: $40,033Mean tax-exempt interest: $39,659Mean qualified dividends: $167,921Mean ordinary dividends: $196,121Average net capital gains: $515,267 # of returns: 2,390# of returns reporting net capital gains: 150 (6%)Mean taxable interest: $977Mean tax-exempt interest: $1,600Mean qualified dividends: $4,055Mean ordinary dividends: $6,336Average net capital gains: $317,793 # of returns: 10,480# of returns reporting net capital gains: 4,170 (40%)Mean taxable interest: $30,111Mean tax-exempt interest: $28,688Mean qualified dividends: $53,044Mean ordinary dividends: $67,047Average net capital gains: $312,592 # of returns: 1,480# of returns reporting net capital gains: 300 (20%)Mean taxable interest: $6,082Mean tax-exempt interest: $13,317Mean qualified dividends: $11,627Mean ordinary dividends: $16,190Average net capital gains: $233,680 # of returns: 24,870# of returns reporting net capital gains: 9,370 (38%)Mean taxable interest: $9,425Mean tax-exempt interest: $22,022Mean qualified dividends: $36,713Mean ordinary dividends: $47,348Average net capital gains: $219,262 # of returns: 45,760# of returns reporting net capital gains: 12,220 (27%)Mean taxable interest: $13,432Mean tax-exempt interest: $29,645Mean qualified dividends: $66,673Mean ordinary dividends: $75,201Average net capital gains: $191,886 # of returns: 784,220# of returns reporting net capital gains: 216,920 (28%)Mean taxable interest: $16,155Mean tax-exempt interest: $29,882Mean qualified dividends: $42,043Mean ordinary dividends: $50,783Average net capital gains: $186,281 # of returns: 1,436,490# of returns reporting net capital gains: 202,220 (14%)Mean taxable interest: $13,127Mean tax-exempt interest: $23,350Mean qualified dividends: $29,924Mean ordinary dividends: $38,036Average net capital gains: $184,899 # of returns: 213,630# of returns reporting net capital gains: 73,450 (34%)Mean taxable interest: $12,151Mean tax-exempt interest: $29,690Mean qualified dividends: $47,507Mean ordinary dividends: $57,951Average net capital gains: $184,017 # of returns: 4,500# of returns reporting net capital gains: 1,560 (35%)Mean taxable interest: $9,440Mean tax-exempt interest: $17,268Mean qualified dividends: $25,636Mean ordinary dividends: $37,121Average net capital gains: $183,261 # of returns: 13,540# of returns reporting net capital gains: 4,910 (36%)Mean taxable interest: $10,555Mean tax-exempt interest: $19,372Mean qualified dividends: $38,999Mean ordinary dividends: $48,990Average net capital gains: $176,812 # of returns: 10,580# of returns reporting net capital gains: 1,720 (16%)Mean taxable interest: $1,262Mean tax-exempt interest: $4,845Mean qualified dividends: $3,916Mean ordinary dividends: $5,540Average net capital gains: $150,127 # of returns: 846,440# of returns reporting net capital gains: 302,610 (36%)Mean taxable interest: $19,397Mean tax-exempt interest: $18,965Mean qualified dividends: $32,211Mean ordinary dividends: $42,540Average net capital gains: $149,273 # of returns: 40,310# of returns reporting net capital gains: 10,470 (26%)Mean taxable interest: $8,426Mean tax-exempt interest: $17,430Mean qualified dividends: $21,624Mean ordinary dividends: $27,814Average net capital gains: $140,537 # of returns: 84,420# of returns reporting net capital gains: 28,290 (34%)Mean taxable interest: $10,613Mean tax-exempt interest: $19,398Mean qualified dividends: $32,712Mean ordinary dividends: $39,381Average net capital gains: $130,146 # of returns: 85,800# of returns reporting net capital gains: 25,510 (30%)Mean taxable interest: $9,009Mean tax-exempt interest: $23,468Mean qualified dividends: $35,483Mean ordinary dividends: $42,487Average net capital gains: $126,594 # of returns: 16,800# of returns reporting net capital gains: 4,520 (27%)Mean taxable interest: $5,083Mean tax-exempt interest: $10,513Mean qualified dividends: $13,262Mean ordinary dividends: $17,528Average net capital gains: $113,429 # of returns: 4,920# of returns reporting net capital gains: 1,480 (30%)Mean taxable interest: $1,936Mean tax-exempt interest: $10,200Mean qualified dividends: $17,662Mean ordinary dividends: $18,627Average net capital gains: $111,880 # of returns: 1,213,090# of returns reporting net capital gains: 188,570 (16%)Mean taxable interest: $7,393Mean tax-exempt interest: $14,890Mean qualified dividends: $20,200Mean ordinary dividends: $24,441Average net capital gains: $110,534 # of returns: 636,070# of returns reporting net capital gains: 172,730 (27%)Mean taxable interest: $5,131Mean tax-exempt interest: $9,958Mean qualified dividends: $12,869Mean ordinary dividends: $16,792Average net capital gains: $109,439
Associated Press
a day ago
- Business
- Associated Press
Priority Financial Group Celebrates 20 Years of Innovation
PHOENIX--(BUSINESS WIRE)--May 30, 2025-- Priority Financial Group (PFG) proudly celebrates its 20th anniversary—marking two decades of delivering flexible, forward-thinking wealth management solutions to financial advisors and financial institutions nationally. Starting in 2005, Mike Prior, Founder/CEO of PFG, began with a mission to help match quality financial advisors with banks and credit unions who desired better quality advice for their members and customers. That mission has since evolved into a national platform offering an advisor and institution friendly Registered Investment Advisor firm (RIA), PFG Advisors, LLC (PFGA). Supporting a Quality Advice Community PFG's strength lies in its ability to help quality financial advisors and visionary institution execs who truly care about helping their clients reach their financial goals. The firm customizes resources, technology, and operational support to fit their business. Whether an advisor chooses to join a financial institution, run their own practice, or join an internal wealth management team, PFG offers a multi-custodial platform, integrated technology, compliance support, operational efficiencies, and M&A growth strategies to help them succeed. Advisors and institutions are pleased to have 1099 and W2 options available in both the Independent and Financial Institution divisions of the firm. 20 Years of Forward-Thinking Innovation PFG's legacy is built on a consistent track record of delivering client-first solutions, including: A Model That Delivers Results Over the past 20 years, PFG has empowered financial institutions and advisors with tools, support, and custom strategies that deliver measurable results. 'Our 20-year journey is proof that doing the right thing—for advisors, for institutions, and for clients—is not only possible, but scalable,' said Mike Prior, PFG CEO. 'It has been fun seeing our team's boutique, white glove model help the people we serve toward their financial goals.' Looking Ahead As PFG enters its third decade, the firm remains focused on continuous innovation, quality advice, and solutions that align with its core values of Integrity, Compassion, Teamwork, Curiosity, and Leadership. The PFG team is built to help financial advisors and institution executives of all backgrounds have more fun building their businesses for the next 20 years. About Priority Financial Group PFG offers comprehensive wealth management, advisory, compliance, sales and technology services. With headquarters in Phoenix, the PFG team has been helping financial institutions and financial advisors deliver high-quality solutions for more than 20 years. For more information, visit or on source version on CONTACT: Kate Anderson for Priority Financial Group 602-200-5147;[email protected] KEYWORD: ARIZONA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSULTING ASSET MANAGEMENT BANKING PERSONAL FINANCE SOURCE: Priority Financial Group Copyright Business Wire 2025. PUB: 05/30/2025 05:34 PM/DISC: 05/30/2025 05:33 PM
Telegraph
a day ago
- Business
- Telegraph
Why it pays to diversify your investments beyond property
In the UK, people like to invest in what they can see – usually bricks and mortar – and judging by the property market over the last couple of decades, it's clear why. 'A whole generation of people have put money in their own homes, in rental properties, and by and large that's turned out well – prices have risen, properties earn an income and people feel good about it,' says Matt Conradi, deputy chief executive of wealth managers Netwealth. 'In the UK, we tend not to see property as a risk.' But when a new phase of life beckons, tax rules evolve and interest rates rise, having so much of your money in property can lose its appeal. 'If you are beginning to think about a stable income in retirement, gifting some wealth to the next generation, drawing down on capital, then exposure to just one asset class – UK residential property – doesn't give you much flexibility. All your eggs are in one basket,' he explains. Nor can you easily take out a little cash – as he puts it, 'you can't just sell a bathroom'. At this stage, it makes sense to diversify. 'Not only through different asset classes such as stocks and bonds but also diversification in its broadest sense,' he says. 'That means flexibility in how your money is packaged, how and when you can use it and how much you need to meet life goals. A fixed rental income can take you over tax thresholds and doesn't give much room for manoeuvre.' With a spread of assets, individuals can take advantage of market price fluctuations and tax rules to withdraw cash more efficiently. 'You don't want to take money out when the market is 20 per cent down – it's much harder to recover. So you diversify to minimise the risk.' Property can also be inconvenient, especially for owners on the brink of lifestyle changes. 'They might be poised to travel – they don't want someone calling at 7pm to say the boiler is broken. They don't want the hassle,' he says. That's where the Netwealth team comes in – helping clients understand how to spread risk and plan around key milestones, from paying off a mortgage to gifting wealth or fixing a date for retirement. Using a blend of expert advice, innovative technology that shows exactly where money is invested, along with tools to model future outcomes, Netwealth supports clients at every stage. The firm also stands out for its low fees – often as low as 0.35 per cent – thanks to its use of low-cost passive funds and efficient digital tools. They'll also help clients make the most of Isas and pensions, and adapt to changing legislation, such as the proposed changes to inheritance tax changes that are due in 2027. 'Although you should never take any decision for tax reasons alone. It must fit with your goals,' he says. 'Expert advice and investment management combined with the latest technology – with much lower fees – help individuals to see how their own investments will fare in different scenarios and reveal trends to build long-term wealth preservation through excellent investment management,' he says. Lower fees can save life-changing sums – tens of thousands of pounds over time, he adds. 'Many people haven't dealt with wealth managers before and might be sceptical about charges – ours are low and our technology offers transparency.' After a lifetime of careful saving, some find it difficult to shift gears: to balance their portfolio, start spending or support their family. Personal finance projections can offer clarity and confidence, showing whether goals are achievable or if wealth could be passed on more efficiently. Others may feel uncertain about market risk, which is why Netwealth offers flexible levels of support, including regular check-ins. 'We don't say, 'Come to us we'll be up 5 per cent when markets are down.' Returns accrue over time and there will be ups and downs,' he explains. 'We can't predict markets or inflation – those are outside our control. But we focus on what we can manage: smart diversification, efficient tax use, paying lower fees and thoughtful planning. that will be how you get the benefit of better returns over time.' Find out more at When investing, your capital is at risk Netwealth Investments Limited is authorised and regulated by the Financial Conduct Authority, with firm reference no. 706988. Registered in England and Wales, with company no. 09493628 and with registered offices at The Bloomsbury Building, 10 Bloomsbury Way, London, WC1A 2SL.
Bloomberg
a day ago
- Business
- Bloomberg
India's Super-Rich Spur a Wealth Management Frenzy
India's growing list of super-rich investors are reshaping the country's wealth management industry like never before. (Source: Bloomberg)
