Among these first tasks, Hoyt says, should be designating beneficiaries on your financial accounts. “It’s very basic, but it’s more powerful than a will,” he said. “That way, assets don’t have to go through probate.” […]
J.P. Morgan Asset Management chief executive Mary Callahan Erdoes warned that investors may be growing too complacent in managing a high-growth portfolio and could be unprepared for a downturn. “Every moment since the financial crisis […]
Check out the companies making headlines after the bell: Shares of American Express tumbled nearly 3 percent in after-hours trading. The financial services company beat analysts’ expectations on earnings for its second quarter, posting $1.84 […]
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