David H. Lenok

2 weeks ago | wealthmanagement.com | David H. Lenok

The irony of leveraging AI to add a more 'human' touch. Daffy, the donor-advised fund-focused charitable giving platform helmed by co-founder and CEO Adam Nash, announced a new set of AI-enabled features on Tuesday. According to Nash, philanthropic planning in America is outdated, with too many friction points when it comes to gifting. Reliance on direct mail, non-intuitive online forms and minimal follow-up from recipients all impediment well-intended donors.

3 weeks ago | wealthmanagement.com | David H. Lenok

As client expectations evolve, estate planning is no longer an afterthought for financial advisors. There’s a growing gap between what clients want and what financial advisors offer regarding estate planning. According to a recent survey of 10,000 U.S. adults (27% of whom currently work with a financial advisor) by online estate planning platform Trust and Will, 70% expect estate planning to be a part of their financial plans.

3 weeks ago | wealthmanagement.com | David H. Lenok

The move gives access to the estate planning platform to over 12,000 financial advisors. Estate planning platform Wealth.com announced a strategic partnership with Cetera Financial Group on Wednesday. Through this partnership, more than 12,000 financial professionals in the Cetera network will receive an exclusive discount on Wealth.com’s advanced estate planning technology and resources.

3 weeks ago | wealthmanagement.com | David H. Lenok

Warshaw Burstein’s Jackie Bevilaqua discusses Gene Hackman’s death and the pressing issues about elder care and cognitive decline it brings up. After four decades of acting and winning multiple awards, Gene Hackman was found dead in his home at the age of 95, along with his wife and primary caretaker, Betsy Arakawa. Forensics uncovered that his wife predeceased him, leaving him to struggle with Alzheimer’s alone before passing away one week later.

1 month ago | wealthmanagement.com | David H. Lenok

Here we go again. For only the second time in American history, a president has been elected to a second non-consecutive term in office. During his first term, President Donald J. Trump focused heavily on taxes. Will that hold true for term two? Taxwise, Trump’s second presidency will likely look much like his first. This is largely due to the upcoming sunsets of numerous aspects of one of the keystones of Trump’s first term, The Tax Cuts and Jobs Act.