In recent years, angel investing — the practice of providing early-stage capital to startup companies in exchange for equity — has been glamorized by reality TV shows like Shark Tank and the rise of high-profile tech unicorns. The allure of turning a modest investment into life-changing wealth has captured the attention of middle-class Americans seeking new paths to financial independence.
However, beneath the promise of outsized returns lies a complex, high-risk asset class that may not be sui
As economic conditions fluctuate in Latin America – along with new leftist governments in Brazil, Chile and Colombia – sophisticated investors are prioritising the US market for wealth preservation and expansion. Latin American wealth is engaging more actively with US markets with growing appetite for dynamic and hands-on strategies. READ MORE AT PROFESSIONAL WEALTH MANAGEMENT
Wealth is as often a measure of financial success as it is a source of pride, an opportunity to live a full life and the chance to secure a lasting legacy. For Hispanic-Latino investors, the Spanish word riqueza encompasses this multidimensionality of wealth.
What wealth-building strategies do Hispanic-Latino investors use to achieve riqueza? To learn more about their unique perspective on wealth, Morgan Stanley recently completed its State of Hispanic-Latino Wealth Report,1 featuring results o
Hispanics are leading a revolution in financial education. While traditional sources still play a role, social media is becoming a go-to for financial guidance. This enthusiasm for financial growth is encouraging and speaks to a community eager to take control of its future. READ MORE AT MONEYLION
Hispanic Americans currently make up nearly one-fifth of the American population, according to 2022 Census data, and they are the largest racial or ethnic minority group in the country. They have also become a powerful force in the economy, having contributed an estimated $3.2 trillion of economic output in 2021, according to a report last month by the Latino Donor Collaborative — which would give them the fifth-largest GDP in the world if they were grouped as an individual nation. READ MORE AT
Financial services and the tools they provide can be invaluable for economic mobility and wealth building, but many of the benefits have been hard to reach for Latinos, many of whom live with unmet needs. While they represent about 20 percent of the US population and are a growing economic bloc, Latinos have not had access to many of the benefits of financial services. READ MORE AT MCKINSEY & COMPANY
The Hispanic population in the United States has been one of the fastest-growing demographics over the past two decades. Still, there are a number of financial disparities between Hispanic and Latino Americans and their white peers, especially Latina women. Hispanic women earn a median annual salary of $39,511, compared with a median of $55,330 among white women and $61,740 for white men, according to Labor Department data.
Hispanic households of any race have a median net worth of around $31,7
Investing in stocks or opening retirement savings accounts has long been elusive for many Latinos, but social media and podcasts that offer culturally relevant financial coaching are turning that on its head. U.S. Latinos' economic power is growing, yet they are less likely than their non-Hispanic white counterparts to have savings, retirement and non-retirement investment accounts. READ MORE AT AXIOS
