Private wealth management

JPMorgan, the largest bank in the U.S., recently reported its fiscal first-quarter earnings for 2024, surpassing analyst expectations on both revenue and earnings. Here’s a rundown of the numbers: Earnings: $4.44 (vs. $4.17 Est. from FactSet) Revenue: $41.9 billion (vs. $41.67B Est. from FactSet) The bank saw growth across nearly all business segments, with quarterly profits rising 6% to $13.4B, and net interest income increasing 11.4% YoY to $23.1B.

Consumers are still spending like there’s no tomorrow. Despite sticky inflation, Visa outpaced earnings estimates thanks to robust travel and spending patterns in its Q2 FY24 earnings. Here’s a rundown of the key figures: Earnings: $2.51 (+20% YoY, vs. $2.44 Est. from FactSet) Net Revenue: $8.78B (+10% YoY, $8.62B Est. from FactSet) As we see, the company reported strong double-digit growth in earnings alongside a 10% rise in net revenue, with all business segments experiencing growth.

How big is private equity? We show funds raised by the 25 largest private equity firms over the last five years and their notable investments.

Academy of Wealth on Instagram: “Poor people spend everything they earn. In consequence, it doesn’t matter if they make a small fortune or nothing at all. Brand new…”

Building and preserving wealth isn’t just about picking the right investments—it’s about understanding and applying key principles that the wealthiest Americans may use to grow and protect their fortunes.

The client is a well-established wealth-advisory and asset-management company. For this company, Itexus developed a wealth management platform that connects investors with wealth-advisers. Need a one-page website for your application? Contact us to discuss how we can best serve your needs - info@itexus.com.

How do you measure whether your relative or your colleague is wealthy? Do you based it on the flashy things that they have on them? What is a more fundamentally sound way to find out whether we have progressed well from debt dependent to financially secure, financially independent? The stages of wealth provide a good measure to see how far we have come.