Americans want more financial advisors, but every day there are fewer to go around. One New York-based startup wants to help ease the squeeze by using AI to take paperwork and other routine tasks off advisors’ plates, giving them more time for clients. Nevis, a 70-person company launched in October 2024 by former executives at
Women already have more money than ever before—and they’ll soon step into even more financial power. They’re not only set to inherit $52 trillion by 2048 as major players in the $124 trillion Great Wealth Transfer, according to Cerulli Associates, but they’re also wielding growing financial mettle in rising to top-level roles. Wealth management professionals
Millionaire Timothy (or Tim) Armoo made his first fortune at 17, before he could even legally vote. He blew through every penny of it before he turned 19. “I made my first bit of money at 17—that was the first business that I meaningfully sold,” Armoo told Fortune. “And then I lost all that money
Picture this: you’ve just been offered a job after endless rounds of interviews and tests, when the interviewer asks, “What are your salary requirements?” According to one billionaire, the number you should be asking for isn’t a salary at all. Dylan Taylor, the founder of space-tech company Voyager Technologies, became a millionaire at 27—five years
Elon Musk managed to break two massive records in the world of business on Friday: launching the largest-ever initial public offering of his company SpaceX and becoming the world’s first trillionaire. Both of these feats were challenging for even Musk to wrap his head around, considering he had said he originally expected the company to
