2 days ago
A UTMA custodial account requires no attorney, costs nothing to open, and lets married couples contribute $38,000 annually per grandchild without triggering gift-tax reporting.
VOO anchors the portfolio at 60-70% with a 0.03% expense ratio, while SCHG's 447% 10-year return earns it a 20-25% growth slice.
Custodial account funds legally become the grandchild's property at 18 or 21, so grandparents who want spending control should use a 529 instead.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You want to hand each grandchild a serious head start without the complicated legal setup. Skip the trust attorney. A custodial account under the Uniform Transfers to Minors Act (UTMA) can be opened in an afternoon at any major brokerage, and three low-cost ETFs can do the work for the next 15 to 20 years: the Vanguard S&P 500 ETF (NYSEARCA:VOO), the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG), and the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). Three tickers, one account per grandchild, and time on your side.
#custodial #three
VOO anchors the portfolio at 60-70% with a 0.03% expense ratio, while SCHG's 447% 10-year return earns it a 20-25% growth slice.
Custodial account funds legally become the grandchild's property at 18 or 21, so grandparents who want spending control should use a 529 instead.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You want to hand each grandchild a serious head start without the complicated legal setup. Skip the trust attorney. A custodial account under the Uniform Transfers to Minors Act (UTMA) can be opened in an afternoon at any major brokerage, and three low-cost ETFs can do the work for the next 15 to 20 years: the Vanguard S&P 500 ETF (NYSEARCA:VOO), the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG), and the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). Three tickers, one account per grandchild, and time on your side.
#custodial #three
3 days ago
The exchange-traded fund (ETF) market's August numbers look flawless on the surface, until you look at where the money actually went.
The industry held $16.4 trillion in ******* ets through August 31, 2026, with $180 billion in fresh capital pouring in that month alone, 3.8 times the historical August average and the strongest August on record for fund inflows, State Street reported.
New fund creation has been equally prolific, with 1,023 ETFs debuting in the first eight months of 2026, a 52% jump from the previous year's pace.
Active strategies represent more than 80% of the year's new products, and about 25% of August's 134 launches used leveraged or inverse structures, FactSet noted.
Among August's new launches were 18 single-stock ETFs, most of them targeting semiconductor companies to tap into the artificial intelligence infrastructure buildout.
#august #state #street #exchange
The industry held $16.4 trillion in ******* ets through August 31, 2026, with $180 billion in fresh capital pouring in that month alone, 3.8 times the historical August average and the strongest August on record for fund inflows, State Street reported.
New fund creation has been equally prolific, with 1,023 ETFs debuting in the first eight months of 2026, a 52% jump from the previous year's pace.
Active strategies represent more than 80% of the year's new products, and about 25% of August's 134 launches used leveraged or inverse structures, FactSet noted.
Among August's new launches were 18 single-stock ETFs, most of them targeting semiconductor companies to tap into the artificial intelligence infrastructure buildout.
#august #state #street #exchange
15 days ago
Sept 03, 2026, 4:50 pm EDT
IRS staff reductions in the 2025 fiscal year coincided with a decrease in the tax revenue the agency brought in via enforcement actions, according to a new
reportExternal link
from the Treasury Department’s inspector general for tax administration. The report warns that recent workforce cuts could undermine the agency’s ability to execute its mission.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#management #you 're #sept
IRS staff reductions in the 2025 fiscal year coincided with a decrease in the tax revenue the agency brought in via enforcement actions, according to a new
reportExternal link
from the Treasury Department’s inspector general for tax administration. The report warns that recent workforce cuts could undermine the agency’s ability to execute its mission.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#management #you 're #sept
17 days ago
For many companies, timing their biggest product launches right before earnings is no accident. Two days ahead of its fiscal third report, Broadcom Inc. (AVGO) used a conference in Las Vegas, an event most investors ignore, to unveil a sweeping AI governance platform.
The timing matters less than what the announcement reveals about a bet Broadcom has already made with its balance sheet.
That conference was VMware Explore 2026 in Las Vegas. Broadcom has run the VMware business since its $69 billion acquisition closed in 2023, and it has mostly used the platform to sell software bundles to existing enterprise customers. This week, the pitch changed.
Broadcom introduced VMware Private AI Cloud, a platform meant to let companies run AI inference and autonomous software agents inside their own data centers instead of renting capacity from a public cloud provider, according to a Broadcom press release.
That distinction is important. Most of the AI infrastructure story so far has centered on hyperscalers building bigger data centers and chip suppliers financing that buildout.
#vmware #conference
The timing matters less than what the announcement reveals about a bet Broadcom has already made with its balance sheet.
That conference was VMware Explore 2026 in Las Vegas. Broadcom has run the VMware business since its $69 billion acquisition closed in 2023, and it has mostly used the platform to sell software bundles to existing enterprise customers. This week, the pitch changed.
Broadcom introduced VMware Private AI Cloud, a platform meant to let companies run AI inference and autonomous software agents inside their own data centers instead of renting capacity from a public cloud provider, according to a Broadcom press release.
That distinction is important. Most of the AI infrastructure story so far has centered on hyperscalers building bigger data centers and chip suppliers financing that buildout.
#vmware #conference
19 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Why we like it: We like the Chase Sapphire Preferred as a travel card that can help you make the most of your spending today toward future trips with flexible ways to earn and redeem rewards. At $95, it's not the most expensive travel credit card — and you may even earn back that fee with benefits alone, like the $100 annual Chase Travel hotel credit.
What really makes the Chase Sapphire Preferred valuable is the boost for redeeming points for travel through Chase Travel, up to 1.5x.
Read our full review of the Chase Sapphire Preferred Card.
Why we like it: With the Chase Freedom Unlimited, you can maximize bonus categories while earning a competitive flat cash-back rate. The bonus rewards categories include both travel (through Chase Travel) and everyday spending on dining and drugstores. But you're also guaranteed at least 1.5% on every non-category purchase — putting this card in competition with other cash-back cards that earn only those flat cash-back rewards.
#like #back
Why we like it: We like the Chase Sapphire Preferred as a travel card that can help you make the most of your spending today toward future trips with flexible ways to earn and redeem rewards. At $95, it's not the most expensive travel credit card — and you may even earn back that fee with benefits alone, like the $100 annual Chase Travel hotel credit.
What really makes the Chase Sapphire Preferred valuable is the boost for redeeming points for travel through Chase Travel, up to 1.5x.
Read our full review of the Chase Sapphire Preferred Card.
Why we like it: With the Chase Freedom Unlimited, you can maximize bonus categories while earning a competitive flat cash-back rate. The bonus rewards categories include both travel (through Chase Travel) and everyday spending on dining and drugstores. But you're also guaranteed at least 1.5% on every non-category purchase — putting this card in competition with other cash-back cards that earn only those flat cash-back rewards.
#like #back
25 days ago
Sun Life Financial and Wilton Re have signed a definitive agreement for a reinsurance and ****** et management partnership.
Under the agreement, Wilton Re will establish Windsor Life Re, an affiliated reinsurer domiciled in the US and Bermuda, with long-term capital commitments from both parties.
The partnership is expected to deploy approximately $900m in capital.
Wilton Re will manage Windsor Life Re, which will back the expansion of Wilton Re's core in-force life and annuity block origination business in the US.
SLC Management, Sun Life's global institutional alternatives ****** et manager, has been named lead ****** et manager for Windsor Life Re's investments.
#capital #manager
Under the agreement, Wilton Re will establish Windsor Life Re, an affiliated reinsurer domiciled in the US and Bermuda, with long-term capital commitments from both parties.
The partnership is expected to deploy approximately $900m in capital.
Wilton Re will manage Windsor Life Re, which will back the expansion of Wilton Re's core in-force life and annuity block origination business in the US.
SLC Management, Sun Life's global institutional alternatives ****** et manager, has been named lead ****** et manager for Windsor Life Re's investments.
#capital #manager
30 days ago
Treasury Secretary Scott Bessent earlier today announced a new buyback program for longer-dated Treasury securities that arrives at a moment when the U.S. bond market is under extraordinary stress, with 30-year yields having surged to 5.33% — levels not seen since 2007 — and the benchmark 10-year yield (TOQ26) pressing above 4.72%.
The buyback plan represents Bessent's most direct intervention yet into a market that has been deteriorating for weeks despite economic data that would normally support lower yields, including cooling retail sales, unexpected job losses in July, and moderating core inflation near 2.5%.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#market #secretary #scott #bessent
The buyback plan represents Bessent's most direct intervention yet into a market that has been deteriorating for weeks despite economic data that would normally support lower yields, including cooling retail sales, unexpected job losses in July, and moderating core inflation near 2.5%.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#market #secretary #scott #bessent
1 month ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Rising living costs have been a persistent concern for Americans. Now, President Donald Trump is once again claiming that prices are coming down — but the latest inflation data tell a more complicated story for your wallet.
During remarks in Ohio on Aug. 11, Trump said that "prices are dropping fast," while also touting the stock market and employment (1). The comment came as the latest government data showed inflation had eased slightly in July.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#prices #wealth #moneywise
Rising living costs have been a persistent concern for Americans. Now, President Donald Trump is once again claiming that prices are coming down — but the latest inflation data tell a more complicated story for your wallet.
During remarks in Ohio on Aug. 11, Trump said that "prices are dropping fast," while also touting the stock market and employment (1). The comment came as the latest government data showed inflation had eased slightly in July.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#prices #wealth #moneywise
1 month ago
It had been a difficult year for shareholders of Microsoft (NASDAQ: MSFT), who saw the stock grind lower throughout 2026. Then, fourth-quarter earnings (fiscal year 2026) happened, and shares shot up 18% in a week, a remarkable move for a stock worth over $3 trillion.
And just like that, Microsoft's stock is positive for the year. Months of anguish have fallen to the wayside. Perhaps the best news yet, it's not too late to buy the stock. Here's what you need to know.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The first question is naturally: why did Microsoft surge on Q4 earnings? Investors went into earnings laser-focused on Microsoft's AI progress and apparently came away impressed.
Revenue grew by 18% year over year to $90 billion for the quarter, and net income soared 31% versus the prior year. Azure is the primary engine driving this, with 43% growth and topping $100 billion in annual revenue for the first time.
#signal #first #Microsoft #quarter
And just like that, Microsoft's stock is positive for the year. Months of anguish have fallen to the wayside. Perhaps the best news yet, it's not too late to buy the stock. Here's what you need to know.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The first question is naturally: why did Microsoft surge on Q4 earnings? Investors went into earnings laser-focused on Microsoft's AI progress and apparently came away impressed.
Revenue grew by 18% year over year to $90 billion for the quarter, and net income soared 31% versus the prior year. Azure is the primary engine driving this, with 43% growth and topping $100 billion in annual revenue for the first time.
#signal #first #Microsoft #quarter
1 month ago
eToro Group Ltd. (NASDAQ: $ETOR) has agreed to acquire TradeZero for up to $231 million, adding an active-trader brokerage and broker-dealer infrastructure as it looks to expand its U.S. business.
The consideration will consist of cash and up to 2.5 million newly issued eToro Class A common shares, subject to customary adjustments. The transaction requires regulatory approvals and is expected to close during the first half of 2027.
TradeZero gives eToro a more established foothold with active U.S. traders while extending its reach into Canada and other international markets. Founded in 2015, the brokerage operates across desktop, web and mobile platforms, with tools built around U.S. equities, options and stock shorting, including a proprietary short locator.
More From Cryptoprowl:
Bernstein Sees 100% Upside In TeraWulf Stock After Earnings
#Stock #active
The consideration will consist of cash and up to 2.5 million newly issued eToro Class A common shares, subject to customary adjustments. The transaction requires regulatory approvals and is expected to close during the first half of 2027.
TradeZero gives eToro a more established foothold with active U.S. traders while extending its reach into Canada and other international markets. Founded in 2015, the brokerage operates across desktop, web and mobile platforms, with tools built around U.S. equities, options and stock shorting, including a proprietary short locator.
More From Cryptoprowl:
Bernstein Sees 100% Upside In TeraWulf Stock After Earnings
#Stock #active
1 month ago
VOO crossed $1 trillion first in ETF history, charging 3 basis points against SPY's 9.45 for identical S&P 500 exposure.
SPYM charges just 0.02%, undercutting even VOO, but its $916 million ****** et base delivers wider spreads and nearly no options coverage.
SPY's 75% five-year gain means taxable account holders face a capital gains bill that could erase years of fee savings by switching.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The SPDR S&P 500 ETF Trust (NYSE:SPY) has been the default S&P 500 vehicle since January 23, 1993, and its $9.8 billion-plus ****** et base reflects three decades of habit, deep options liquidity, and institutional inertia. SPY holders own it for a reason: it is the most-traded ETF on the planet, and for anyone running short-dated options or executing block trades, that liquidity is a genuine feature. But a quieter rival is about to hit a milestone SPY never will at current fees. The Vanguard S&P 500 ETF (NYSEARCA:VOO) holds $1.03 trillion in ****** ets, making it the first ETF to cross the trillion-dollar mark, and it does so while charging SPY holders roughly one-third of the fee for the same 500 stocks.
#options
SPYM charges just 0.02%, undercutting even VOO, but its $916 million ****** et base delivers wider spreads and nearly no options coverage.
SPY's 75% five-year gain means taxable account holders face a capital gains bill that could erase years of fee savings by switching.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The SPDR S&P 500 ETF Trust (NYSE:SPY) has been the default S&P 500 vehicle since January 23, 1993, and its $9.8 billion-plus ****** et base reflects three decades of habit, deep options liquidity, and institutional inertia. SPY holders own it for a reason: it is the most-traded ETF on the planet, and for anyone running short-dated options or executing block trades, that liquidity is a genuine feature. But a quieter rival is about to hit a milestone SPY never will at current fees. The Vanguard S&P 500 ETF (NYSEARCA:VOO) holds $1.03 trillion in ****** ets, making it the first ETF to cross the trillion-dollar mark, and it does so while charging SPY holders roughly one-third of the fee for the same 500 stocks.
#options
2 months ago
Updated Aug 04, 2026, 7:53 am EDT / Original Aug 04, 2026, 1:30 am EDT
A possible tie-up between Bristol Myers Squibb
BMY
-3.43%
and AstraZeneca might seem like a long shot to Wall Street skeptics, but the market’s enthusiasm around a potential deal points toward a broader trend that can’t be ignored.
BMY
-3.43%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#updated #original #myers #wall
A possible tie-up between Bristol Myers Squibb
BMY
-3.43%
and AstraZeneca might seem like a long shot to Wall Street skeptics, but the market’s enthusiasm around a potential deal points toward a broader trend that can’t be ignored.
BMY
-3.43%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#updated #original #myers #wall
2 months ago
Palantir Technologies (PLTR) topped Wall Street's second-quarter earnings and revenue targets as demand for its artificial intelligence software fueled a 12th straight quarter of accelerating revenue growth. Palantir stock surged on Tuesday as U.S. commercial growth also reaccelerated.
On the stock market today, Palantir stock surged nearly 30% to 162.67 in midday trading. With Tuesday's gain, Palantir erased much of its loss so far in 2026. And, Palantir stock climbed above its 200-day moving average, a key technical level.
Also, Tuesday's rally puts the stock on pace for its second-best daily performance since its initial public offering in September 2020, noted Bespoke Investment. The largest one-day gain for Palantir stock was over 30% on Feb. 6 2024 following an earnings report.
The data ****** ytics software maker reported Q2 results after the market close on Monday. For 2026, Palantir hiked its revenue outlook to a range of $8.150 billion to $8.158 billion. That was up from earlier guidance of $7.650 billion to $7.662 billion.
Further, Palantir raised 2026 guidance for revenue, adjusted operating income, and free cash flow. And, Palantir hiked U.S. commercial sales growth guidance from 120% to 134%.
#Stock #Growth #quarter
On the stock market today, Palantir stock surged nearly 30% to 162.67 in midday trading. With Tuesday's gain, Palantir erased much of its loss so far in 2026. And, Palantir stock climbed above its 200-day moving average, a key technical level.
Also, Tuesday's rally puts the stock on pace for its second-best daily performance since its initial public offering in September 2020, noted Bespoke Investment. The largest one-day gain for Palantir stock was over 30% on Feb. 6 2024 following an earnings report.
The data ****** ytics software maker reported Q2 results after the market close on Monday. For 2026, Palantir hiked its revenue outlook to a range of $8.150 billion to $8.158 billion. That was up from earlier guidance of $7.650 billion to $7.662 billion.
Further, Palantir raised 2026 guidance for revenue, adjusted operating income, and free cash flow. And, Palantir hiked U.S. commercial sales growth guidance from 120% to 134%.
#Stock #Growth #quarter
