The wealth set to move between generations over the next twenty years is staggering: somewhere between $84 and $120 trillion, according to industry estimates, with the transfer expected to peak around 2026. Michael Gold, founder and chief executive of Gold Family Wealth in Westport, Connecticut, has built part of his practice around a simple observation: the advisors currently managing that wealth often don't look, sound, or communicate like the...
Few executives arrive at a small fitness accessories company with a resume like Michael Polk Newell Brands. He spent years climbing through Procter & Gamble, Kraft Foods, and Unilever before taking the top job at Newell Brands in 2011, where he stayed until 2019. Somewhere along the way he became known for steering large, complex organizations through periods of change, a skill that would later prove useful in a much smaller setting.From...
Tax treatment is one of the most frequently cited reasons investors choose an oil and gas joint venture over other options, and it shows up often in Gulf Coast Western reviews. Gulf Coast Western's EVP Steve Ziemke has explained that these investments can offer upfront tax deductions tied to intangible drilling costs, which make up the largest expense involved in bringing a well into production.How the Deductions Break DownCOO John Engel...