The document provides information about investing for college savings through a 529 college savings plan. It notes that figures shown are past results and not guarantees of future performance, and that investments are not FDIC-insured and can lose value. It encourages building a college savings plan through a 529 plan like CollegeAmerica for its tax advantages, flexibility, and control over savings.
The document discusses several key principles for achieving a better investment experience:
1. Understand that markets reward risk over the long run, and different asset classes like small caps and value stocks have offered higher returns than fixed income.
2. Riskier assets like small caps and value stocks have exhibited higher returns globally, demonstrating that size and price are systematic risk factors rewarded by the market.
3. Most active managers underperform their benchmarks, so investors are better off minimizing costs and capturing risk factors through low-cost, diversified portfolios.
4. Holding multiple asset classes from different markets increases diversification and reduces volatility, as the annual returns of different investments vary considerably year to year.
Northgate Minerals provided guidance for its Young-Davidson mine for 2012 and 2013. Production is expected to increase from 55,000-65,000 ounces in 2012 to 135,000-155,000 ounces in 2013. Cash costs are forecast to decline slightly from $550-$650 per ounce in 2012 to $500-$550 per ounce in 2013. Capital expenditures are expected to decrease from up to $240 million in 2012 to up to $130 million in 2013 as the mine transitions to underground mining.
- Net revenues for Ameriprise Financial declined to $6.97 billion in 2008 from $8.56 billion in 2007 due to lower fee revenue from declining client assets and reduced client activity in the weak market. The company reported a net loss of $38 million for 2008 compared to net income of $814 million in 2007.
- Despite the difficult market conditions, Ameriprise Financial's business remains sound due to its conservative risk management approach and strong balance sheet fundamentals including $34 billion in diversified assets, $6 billion in cash, and $0.7 billion in excess capital.
- The company continues to execute on its strategy focused on financial planning, serving clients through its network of over 12,000
The document summarizes Banco Indusval & Partners' 1Q11 results presentation. Key points include:
- The bank raised an additional R$201 million in equity capital from new partners including Warburg Pincus.
- A new management team with extensive experience was brought in to lead the bank into a new strategic focus on corporate lending and Brazil's domestic bond market.
- The bank's total credit portfolio grew 12.4% to R$1.97 billion in 1Q11, with 80% in local currency loans.
- Total funding increased 19.5% to R$2.25 billion in 1Q11, with 84% in local currency and longer term time deposits comprising 78% of
The document discusses Barrick Gold's commitment to shareholder value creation. It provides an overview of Barrick's management team and board of directors, capital markets profile, asset base including recent developments and production figures for its Young-Davidson and El Chanate mines. Barrick highlights its compelling value proposition which includes high quality assets, low cost production, organic growth profile, mine longevity, strong balance sheet, growing free cash flow, and leverage to gold prices.
This article highlights 15 top-performing mutual funds over the past 5 years. It begins by discussing the difficult market environment for funds since 2005, with the average annual return just 2% compared to inflation. However, some funds delivered much better returns. The top-performing fund highlighted is the Yacktman fund, which returned 40% over 5 years compared to just 4,000% for a market index fund. The article then examines the BlackRock Global Allocation fund in more detail as the top global fund. It achieved an average annual return of 7.7% over 15 years by taking advantage of market downturns to buy stocks and bonds at lower prices. The fund aims to limit risk by diversifying across
Robert Bohn and David Sagehorn of Oshkosh Corporation gave a presentation at the Goldman Sachs Conference in November 2008. They discussed Oshkosh's strong financial position and actions taken to reduce costs and debt. While market conditions were volatile due to the economic downturn, Oshkosh was well positioned with backlogs in defense, fire, and refuse collection vehicles. The presentation outlined Oshkosh's segments and strategies to manage through the difficult economy.
Aberdeen International is a global resource investment company that owns a portfolio valued at approximately C$117.8 million as of April 30, 2011. The company focuses on private, micro, and small-cap resource companies with the goal of unlocking value over 2-5 years. Aberdeen has exposure to gold and other commodities through its portfolio companies and gold royalty interests. The company aims to continue building its portfolio through new investments in iron ore, coal, agriculture, and energy.
The document discusses several key principles for achieving a better investment experience:
1. Understand that markets reward risk over the long run, and different asset classes like small caps and value stocks have offered higher returns than fixed income.
2. Riskier assets like small caps and value stocks have exhibited higher returns globally, demonstrating that size and price are systematic risk factors rewarded by the market.
3. Most active managers underperform their benchmarks, so investors are better off minimizing costs and capturing risk factors through low-cost, diversified portfolios.
4. Holding multiple asset classes from different markets increases diversification and reduces volatility, as the annual returns of different investments vary considerably year to year.
Northgate Minerals provided guidance for its Young-Davidson mine for 2012 and 2013. Production is expected to increase from 55,000-65,000 ounces in 2012 to 135,000-155,000 ounces in 2013. Cash costs are forecast to decline slightly from $550-$650 per ounce in 2012 to $500-$550 per ounce in 2013. Capital expenditures are expected to decrease from up to $240 million in 2012 to up to $130 million in 2013 as the mine transitions to underground mining.
- Net revenues for Ameriprise Financial declined to $6.97 billion in 2008 from $8.56 billion in 2007 due to lower fee revenue from declining client assets and reduced client activity in the weak market. The company reported a net loss of $38 million for 2008 compared to net income of $814 million in 2007.
- Despite the difficult market conditions, Ameriprise Financial's business remains sound due to its conservative risk management approach and strong balance sheet fundamentals including $34 billion in diversified assets, $6 billion in cash, and $0.7 billion in excess capital.
- The company continues to execute on its strategy focused on financial planning, serving clients through its network of over 12,000
The document summarizes Banco Indusval & Partners' 1Q11 results presentation. Key points include:
- The bank raised an additional R$201 million in equity capital from new partners including Warburg Pincus.
- A new management team with extensive experience was brought in to lead the bank into a new strategic focus on corporate lending and Brazil's domestic bond market.
- The bank's total credit portfolio grew 12.4% to R$1.97 billion in 1Q11, with 80% in local currency loans.
- Total funding increased 19.5% to R$2.25 billion in 1Q11, with 84% in local currency and longer term time deposits comprising 78% of
The document discusses Barrick Gold's commitment to shareholder value creation. It provides an overview of Barrick's management team and board of directors, capital markets profile, asset base including recent developments and production figures for its Young-Davidson and El Chanate mines. Barrick highlights its compelling value proposition which includes high quality assets, low cost production, organic growth profile, mine longevity, strong balance sheet, growing free cash flow, and leverage to gold prices.
This article highlights 15 top-performing mutual funds over the past 5 years. It begins by discussing the difficult market environment for funds since 2005, with the average annual return just 2% compared to inflation. However, some funds delivered much better returns. The top-performing fund highlighted is the Yacktman fund, which returned 40% over 5 years compared to just 4,000% for a market index fund. The article then examines the BlackRock Global Allocation fund in more detail as the top global fund. It achieved an average annual return of 7.7% over 15 years by taking advantage of market downturns to buy stocks and bonds at lower prices. The fund aims to limit risk by diversifying across
Robert Bohn and David Sagehorn of Oshkosh Corporation gave a presentation at the Goldman Sachs Conference in November 2008. They discussed Oshkosh's strong financial position and actions taken to reduce costs and debt. While market conditions were volatile due to the economic downturn, Oshkosh was well positioned with backlogs in defense, fire, and refuse collection vehicles. The presentation outlined Oshkosh's segments and strategies to manage through the difficult economy.
Aberdeen International is a global resource investment company that owns a portfolio valued at approximately C$117.8 million as of April 30, 2011. The company focuses on private, micro, and small-cap resource companies with the goal of unlocking value over 2-5 years. Aberdeen has exposure to gold and other commodities through its portfolio companies and gold royalty interests. The company aims to continue building its portfolio through new investments in iron ore, coal, agriculture, and energy.
Committed to Shareholder Value Creation - CIBC Whistler Institutional Investo...AuRico Gold
Young-Davidson mine: The document discusses the Young-Davidson mine in Canada, which is projected to produce between 120,000-140,000 ounces of gold in 2013 at cash costs of $575-675 per ounce. Reserves at the mine total 3.8 million ounces.
El Chanate mine: Production at the El Chanate mine in Mexico is estimated at 70,000-80,000 ounces in 2013 at cash costs of $475-525 per ounce. Proven and probable reserves at El Chanate total 1.3 million ounces.
Key highlights: The presentation emphasizes CIBC's high quality, low cost asset base in North America and organic growth profile through projects like Young-David
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies through a value-added approach targeting triple digit returns over 2-5 years.
2) It owns a portfolio valued at approximately $61.8 million as of April 30, 2012 and pays shareholders a 4% dividend yield.
3) It leverages the expertise of Forbes & Manhattan to actively build and create value in portfolio companies from seed-level financings through management support and public listings.
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies through a value-added approach targeting triple digit returns over 2-5 years.
2) It owns a portfolio valued at approximately $61.8 million as of April 30, 2012 and pays shareholders a 4% dividend yield.
3) It leverages the expertise of Forbes & Manhattan to actively build and create value in portfolio companies from seed-level financings through management support and public listings.
Northern Trust's 2007 annual report summarizes the company's strong financial performance in 3 sentences:
Northern Trust achieved record results in 2007, with net income increasing 9% to $727 million, assets under custody growing 17% to $4.1 trillion, and assets under management increasing 9% to $757 billion. The company continued its strategic focus on sound growth and providing exceptional client service, expertise and integrity during a turbulent year for many financial firms. Northern Trust's strong performance led to a 26% increase in its stock price, outperforming banking industry indexes.
Aberdeen International is a global resource investment company focused on building value in private and public resource companies through active management. It has a portfolio valued at $100.1 million consisting of investments in gold, base metals, bulk commodities, agriculture, and energy. Aberdeen leverages the expertise of Forbes & Manhattan to support its investee companies and aims to generate triple digit returns over 2-5 years.
Aberdeen International is a global resource investment company focused on building value in private, micro, and small-cap resource companies through active involvement. It has a portfolio valued at $100.1 million consisting of investments in precious metals, bulk commodities, and other resources. Aberdeen leverages the expertise of Forbes & Manhattan to support its investee companies and create value for shareholders through organic growth and liquidity events.
2008 annual report for Sceptre Investment Counsel Limited (TSX: SZ), a Canada-based company engaged in the provision of investment management services. The Company provides expertise in five investment groups: domestic equities, foreign equities, domestic and foreign integrated equities, fixed income and asset mix.
1) The document discusses forward-looking statements and risks associated with mineral exploration and development projects.
2) Key terms like measured, indicated, and inferred resources are defined, though their economic potential is uncertain.
3) Primero had a solid financial position as of September 30, 2011 with $107 million in cash and $50 million in promissory notes receivable.
The document discusses the Colorado Procurement Technical Assistance Center (CO PTAC) and its services to help Colorado businesses win government contracts. CO PTAC provides free assistance to businesses on registrations, identifying contracting opportunities, proposal writing, and contract execution. The summary highlights CO PTAC's role in increasing Colorado businesses' market share of the hundreds of billions of dollars in annual federal and state government contracting.
Hormel Foods reported record net earnings of $139 million in fiscal 1998, up 27% from the previous year. This was due to strong performances across its core business groups, with all major product categories achieving record or near-record growth. Net earnings excluding a one-time gain were still the second highest in company history at $122 million, up 11% from the previous year. Total sales reached a record $3.26 billion, though tonnage grew more strongly at 10% as the company emphasized higher-value, branded products. Challenging conditions in the turkey industry suppressed Jennie-O's results despite sales and tonnage gains.
This presentation is for Aberdeen International Inc., a global resource investment company and merchant bank. It owns an investment portfolio valued at over $102 million and generates dividend and royalty revenue. It takes an active role in partnering with and building up private resource companies with the goal of achieving high returns over 2-5 years. Recent investments have seen returns of over 3,750% and 4,500% upon sales. The company aims to offer diversification across commodities and development stages within the resource sector.
The document discusses Bank of America Merrill Lynch, a leading global financial firm that delivers solutions to clients through insights, global reach, and long-term relationships. It brings enhanced services through its investment banking, securities, and wealth management affiliate DSP Merrill Lynch. The group shares over 100 years of combined India experience through its global and local expertise.
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies with a unique, value-added approach to investing.
2) It aims to build companies and unlock value targeting triple digit returns over 2-5 years, leveraging Forbes & Manhattan's infrastructure and deal flow across the resource sector.
3) The company has achieved a 67% internal rate of return since inception and significant exposure to gold in its current portfolio, with exciting investments in other resource sectors as well.
Aberdeen International is a global resource investment company focused on investing in private, micro, and small-cap resource companies. It takes an active role in partnering with and building companies to unlock value. Its portfolio has generated high returns, including 258% over two years. Aberdeen provides shareholders exposure to resource investments with potential for triple digit returns through its unique strategy of seed-level financing and active involvement in partner companies.
- Cummins has doubled revenue over the past 5 years and achieved the highest 3-year period of net earnings as a percent of sales in over 40 years.
- The company has diversified globally and by end markets to reduce cyclicality, aggressively pursued low cost leadership, and built greater earnings stability.
- Cummins is investing in new engine platforms and technologies to capitalize on growth opportunities from evolving global emission standards.
Using The Numbers To Communicate, Analyze And Run PptSteve_Rosvold
The document provides an overview of key financial statements and metrics that business owners can use to understand, communicate about, and improve their business, including the cash flow statement, balance sheet, and income statement. It discusses how these tools can be used to analyze trends in cash flow, financial position, and profitability over time. Examples and case studies are provided to illustrate how different stakeholders might interpret and apply the information in the statements.
The BalancedAllocation Annuity would have protected investors' principal and earned higher returns than the S&P 500 during a period of market decline from 2001-2010. It uses a strategy that locks in gains at the end of each two-year term, so declines cannot erase appreciation. Even during market downturns, the annuity would not have lost value like the S&P 500, guaranteeing a minimum value of $1 million over the period compared to the index value of $952,556. The annuity provides protection from losses with opportunity for gains, making it suitable for retirement planning during volatile markets.
Why You Should Invest In The Market ShortLisa Brugman
This document provides an overview of investing basics for women, including:
1) It outlines the agenda which includes investment basics like stocks, bonds, mutual funds and annuities as well as why investing in the market is important.
2) It discusses how stocks, bonds, and mutual funds can help women achieve their financial goals like retirement, and how investing early and consistently can make a significant difference over the long run.
3) It emphasizes that maintaining a balanced portfolio with both stocks and bonds tailored to one's goals, timeframe, and risk tolerance is important for successful investing.
The document provides information about CollegeAmerica, a 529 college savings plan sponsored by the Virginia College Savings Plan. It discusses the flexibility, tax advantages and oversight of 529 plans. It also summarizes the investment options available through CollegeAmerica, including different portfolio foundations and individual American Funds, and how to build a customized portfolio.
Bank of America Corporation acquires Merrill Lynch & Co., Inc. PresentationQuarterlyEarningsReports3
This document summarizes the proposed merger between Bank of America and Merrill Lynch to create the premier financial services company. Some key points:
- Ken Lewis of Bank of America and John Thain of Merrill Lynch will lead the combined company.
- The merger combines Bank of America's retail banking franchise with Merrill Lynch's leading wealth management and investment banking businesses.
- The deal will diversify revenue streams and significantly enhance Bank of America's investment banking capabilities.
- Merrill Lynch brings over 20,000 financial advisors and $2.5 trillion in client assets to strengthen Bank of America's wealth management business.
The document discusses American Funds and its New Perspective Fund, a global equity fund. It highlights the fund's long history of global research and investing in companies around the world since 1973. It also notes the fund's strong long-term performance compared to other global markets and indexes over the past several decades through various economic cycles.
The document provides an overview of Entaire Programs which are financing programs designed for business owners to help fund their retirement through commercial loans to their business to purchase tax advantaged investment products like universal life insurance and annuities. It discusses who the programs are for, what the programs are, how the programs work through an accelerated funding model, and provides a case study example of a small business owner using one of the programs.
Committed to Shareholder Value Creation - CIBC Whistler Institutional Investo...AuRico Gold
Young-Davidson mine: The document discusses the Young-Davidson mine in Canada, which is projected to produce between 120,000-140,000 ounces of gold in 2013 at cash costs of $575-675 per ounce. Reserves at the mine total 3.8 million ounces.
El Chanate mine: Production at the El Chanate mine in Mexico is estimated at 70,000-80,000 ounces in 2013 at cash costs of $475-525 per ounce. Proven and probable reserves at El Chanate total 1.3 million ounces.
Key highlights: The presentation emphasizes CIBC's high quality, low cost asset base in North America and organic growth profile through projects like Young-David
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies through a value-added approach targeting triple digit returns over 2-5 years.
2) It owns a portfolio valued at approximately $61.8 million as of April 30, 2012 and pays shareholders a 4% dividend yield.
3) It leverages the expertise of Forbes & Manhattan to actively build and create value in portfolio companies from seed-level financings through management support and public listings.
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies through a value-added approach targeting triple digit returns over 2-5 years.
2) It owns a portfolio valued at approximately $61.8 million as of April 30, 2012 and pays shareholders a 4% dividend yield.
3) It leverages the expertise of Forbes & Manhattan to actively build and create value in portfolio companies from seed-level financings through management support and public listings.
Northern Trust's 2007 annual report summarizes the company's strong financial performance in 3 sentences:
Northern Trust achieved record results in 2007, with net income increasing 9% to $727 million, assets under custody growing 17% to $4.1 trillion, and assets under management increasing 9% to $757 billion. The company continued its strategic focus on sound growth and providing exceptional client service, expertise and integrity during a turbulent year for many financial firms. Northern Trust's strong performance led to a 26% increase in its stock price, outperforming banking industry indexes.
Aberdeen International is a global resource investment company focused on building value in private and public resource companies through active management. It has a portfolio valued at $100.1 million consisting of investments in gold, base metals, bulk commodities, agriculture, and energy. Aberdeen leverages the expertise of Forbes & Manhattan to support its investee companies and aims to generate triple digit returns over 2-5 years.
Aberdeen International is a global resource investment company focused on building value in private, micro, and small-cap resource companies through active involvement. It has a portfolio valued at $100.1 million consisting of investments in precious metals, bulk commodities, and other resources. Aberdeen leverages the expertise of Forbes & Manhattan to support its investee companies and create value for shareholders through organic growth and liquidity events.
2008 annual report for Sceptre Investment Counsel Limited (TSX: SZ), a Canada-based company engaged in the provision of investment management services. The Company provides expertise in five investment groups: domestic equities, foreign equities, domestic and foreign integrated equities, fixed income and asset mix.
1) The document discusses forward-looking statements and risks associated with mineral exploration and development projects.
2) Key terms like measured, indicated, and inferred resources are defined, though their economic potential is uncertain.
3) Primero had a solid financial position as of September 30, 2011 with $107 million in cash and $50 million in promissory notes receivable.
The document discusses the Colorado Procurement Technical Assistance Center (CO PTAC) and its services to help Colorado businesses win government contracts. CO PTAC provides free assistance to businesses on registrations, identifying contracting opportunities, proposal writing, and contract execution. The summary highlights CO PTAC's role in increasing Colorado businesses' market share of the hundreds of billions of dollars in annual federal and state government contracting.
Hormel Foods reported record net earnings of $139 million in fiscal 1998, up 27% from the previous year. This was due to strong performances across its core business groups, with all major product categories achieving record or near-record growth. Net earnings excluding a one-time gain were still the second highest in company history at $122 million, up 11% from the previous year. Total sales reached a record $3.26 billion, though tonnage grew more strongly at 10% as the company emphasized higher-value, branded products. Challenging conditions in the turkey industry suppressed Jennie-O's results despite sales and tonnage gains.
This presentation is for Aberdeen International Inc., a global resource investment company and merchant bank. It owns an investment portfolio valued at over $102 million and generates dividend and royalty revenue. It takes an active role in partnering with and building up private resource companies with the goal of achieving high returns over 2-5 years. Recent investments have seen returns of over 3,750% and 4,500% upon sales. The company aims to offer diversification across commodities and development stages within the resource sector.
The document discusses Bank of America Merrill Lynch, a leading global financial firm that delivers solutions to clients through insights, global reach, and long-term relationships. It brings enhanced services through its investment banking, securities, and wealth management affiliate DSP Merrill Lynch. The group shares over 100 years of combined India experience through its global and local expertise.
1) A Global Resource Investment Company and Merchant Bank focused on private, micro- and small-cap resource companies with a unique, value-added approach to investing.
2) It aims to build companies and unlock value targeting triple digit returns over 2-5 years, leveraging Forbes & Manhattan's infrastructure and deal flow across the resource sector.
3) The company has achieved a 67% internal rate of return since inception and significant exposure to gold in its current portfolio, with exciting investments in other resource sectors as well.
Aberdeen International is a global resource investment company focused on investing in private, micro, and small-cap resource companies. It takes an active role in partnering with and building companies to unlock value. Its portfolio has generated high returns, including 258% over two years. Aberdeen provides shareholders exposure to resource investments with potential for triple digit returns through its unique strategy of seed-level financing and active involvement in partner companies.
- Cummins has doubled revenue over the past 5 years and achieved the highest 3-year period of net earnings as a percent of sales in over 40 years.
- The company has diversified globally and by end markets to reduce cyclicality, aggressively pursued low cost leadership, and built greater earnings stability.
- Cummins is investing in new engine platforms and technologies to capitalize on growth opportunities from evolving global emission standards.
Using The Numbers To Communicate, Analyze And Run PptSteve_Rosvold
The document provides an overview of key financial statements and metrics that business owners can use to understand, communicate about, and improve their business, including the cash flow statement, balance sheet, and income statement. It discusses how these tools can be used to analyze trends in cash flow, financial position, and profitability over time. Examples and case studies are provided to illustrate how different stakeholders might interpret and apply the information in the statements.
The BalancedAllocation Annuity would have protected investors' principal and earned higher returns than the S&P 500 during a period of market decline from 2001-2010. It uses a strategy that locks in gains at the end of each two-year term, so declines cannot erase appreciation. Even during market downturns, the annuity would not have lost value like the S&P 500, guaranteeing a minimum value of $1 million over the period compared to the index value of $952,556. The annuity provides protection from losses with opportunity for gains, making it suitable for retirement planning during volatile markets.
Why You Should Invest In The Market ShortLisa Brugman
This document provides an overview of investing basics for women, including:
1) It outlines the agenda which includes investment basics like stocks, bonds, mutual funds and annuities as well as why investing in the market is important.
2) It discusses how stocks, bonds, and mutual funds can help women achieve their financial goals like retirement, and how investing early and consistently can make a significant difference over the long run.
3) It emphasizes that maintaining a balanced portfolio with both stocks and bonds tailored to one's goals, timeframe, and risk tolerance is important for successful investing.
The document provides information about CollegeAmerica, a 529 college savings plan sponsored by the Virginia College Savings Plan. It discusses the flexibility, tax advantages and oversight of 529 plans. It also summarizes the investment options available through CollegeAmerica, including different portfolio foundations and individual American Funds, and how to build a customized portfolio.
Bank of America Corporation acquires Merrill Lynch & Co., Inc. PresentationQuarterlyEarningsReports3
This document summarizes the proposed merger between Bank of America and Merrill Lynch to create the premier financial services company. Some key points:
- Ken Lewis of Bank of America and John Thain of Merrill Lynch will lead the combined company.
- The merger combines Bank of America's retail banking franchise with Merrill Lynch's leading wealth management and investment banking businesses.
- The deal will diversify revenue streams and significantly enhance Bank of America's investment banking capabilities.
- Merrill Lynch brings over 20,000 financial advisors and $2.5 trillion in client assets to strengthen Bank of America's wealth management business.
The document discusses American Funds and its New Perspective Fund, a global equity fund. It highlights the fund's long history of global research and investing in companies around the world since 1973. It also notes the fund's strong long-term performance compared to other global markets and indexes over the past several decades through various economic cycles.
The document provides an overview of Entaire Programs which are financing programs designed for business owners to help fund their retirement through commercial loans to their business to purchase tax advantaged investment products like universal life insurance and annuities. It discusses who the programs are for, what the programs are, how the programs work through an accelerated funding model, and provides a case study example of a small business owner using one of the programs.
- 2008 was a difficult year for Ameriprise Financial due to turmoil in the equity and credit markets that impacted client assets and fee revenue. The company reported a net loss of $38 million compared to a net income of $814 million in 2007.
- Despite the challenges, Ameriprise Financial maintained a solid balance sheet with $6.2 billion in cash and cash equivalents and $700 million in excess capital. The company continued supporting its advisors and clients through market volatility.
- In response to a money market fund breaking the dollar, Ameriprise Financial advanced affected clients $400 million to meet immediate cash needs and committed to mitigate losses in the impaired fund, demonstrating its dedication to clients.
- Net revenues for Ameriprise Financial declined to $6.97 billion in 2008 from $8.56 billion in 2007 due to declining markets and reduced client activity. The company reported a net loss of $38 million for 2008 compared to net income of $814 million in 2007.
- Despite the difficult market conditions, Ameriprise Financial's business remains sound due to its conservative risk management approach and strong balance sheet fundamentals including $34 billion in diversified assets, $6 billion in cash, and $700 million in excess capital.
- The company continues to execute its strategy focused on financial planning, serving clients through over 12,000 advisors, and growing while protecting assets over the long term.
- Net revenues for Ameriprise Financial declined to $6.97 billion in 2008 from $8.56 billion in 2007 due to declining markets and reduced client activity. The company reported a net loss of $38 million for 2008 compared to net income of $814 million in 2007.
- Despite significant market challenges, Ameriprise Financial's business remains strong due to its client-focused financial planning model, diversified business lines, and solid balance sheet fundamentals including $34 billion in diversified assets and $6 billion in cash.
- The company continues executing its long-term strategy and pursuing growth opportunities, while also reducing costs, with the goal of emerging from the economic downturn well-positioned for the
The document summarizes an investment opportunity in AVI Ventures, a vertically integrated holding company focused on the used automobile financing market. AVI will acquire and manage regional automobile finance, loan servicing, and sales organizations to control the used car sales and financing process. The founder, Mr. Dubuk, has extensive experience in this niche market. Initial capital requirements are $600,000 for infrastructure and $10-50 million over 5 years for core acquisitions. Conservative financial models estimate investor IRR of 25%+ with medium probability of 35%+.
Restructuring Completed At American Capital And European Capital June 28 2010Monster12
The document summarizes a debt restructuring completed by American Capital and European Capital in June 2010. It involved paying down $1 billion in cash, and issuing $1.3 billion in new secured debt maturing in December 2013. The restructuring reduced total debt from $4.026 billion to $2.996 billion, and increased shareholders' equity from $2.526 billion to $2.814 billion. This improved the debt to equity ratio from 1.6x to 1.1x. The new debt structure provides flexibility to make new investments with proceeds from asset sales and capital raisings.
Rethink The Way You Invest Wealth Smart Versionvetter
This document discusses 10 key principles for a better investment experience. It begins by outlining principles related to understanding markets and knowing yourself as an investor. It emphasizes letting markets work for you through diversification and long-term investing. The document then discusses principles around harnessing the power of markets, such as holding multiple asset classes and keeping costs low. Overall, the principles promote passive, diversified, low-cost investing aligned with one's goals and risk tolerance.
The document is a presentation for a company called iConsumer that operates a rewards and loyalty platform. It summarizes iConsumer's business model as rewarding customers with company stock (RWRDP) and cash back for their purchases at over 2,000 retailers. The presentation notes that rewards programs are a huge market and that other companies in the space have seen massive exits. It outlines iConsumer's path to profitability and growth, including an upcoming funding round to acquire more customers profitably. In summary, iConsumer uses a modern loyalty program of stock rewards to benefit customers and drive company growth.
Lisa Brugman presented on women and investing. She discussed investment basics like stocks, bonds, mutual funds and annuities. Her presentation emphasized that women should save 12% annually starting as early as possible to build a retirement fund. She also stressed the importance of having an emergency fund, proper insurance, and speaking to a financial advisor to plan goals and dreams. Smart women can finish rich by paying themselves first and taking advantage of tax-advantaged retirement accounts and the power of compound interest over time.
This document summarizes a real estate event hosted by Nicola Wealth Management. It begins with an introduction by David Sung, President of Nicola Wealth. The document then discusses typical balanced mutual fund allocations, performance of various pension funds and composite returns. It provides an overview of the real estate market and compares returns of real estate to stocks and bonds. The remainder consists of presentations on market outlook, investment strategies and a panel discussion on the Vancouver real estate market with industry experts.
What are the key elements of a diversified portfolio? How can you assess your risk profile and build an investment mix around it? How will you account for taxable versus non-taxable investments, and how can you minimize the taxes you'll have to pay on your investing? All of that, and more, in Wealthfront's "Invest Well" slide deck.
The document discusses a rewards and loyalty platform that provides customers stock in exchange for purchases from partner retailers. It aims to replace traditional rewards programs with stock that customers can invest in. The company's model earns commissions from retailers for driving customers to their sites, then rewards customers with company stock. It has thousands of retailers and members so far and aims to become profitable within a year through growth capital investments in acquiring more customers. The presentation outlines the company's vision, business model, growth strategy and management team.
The document is Morgan Stanley Dean Witter's 2000 annual report which summarizes the company's strong financial performance. It discusses record earnings of $5.5 billion, a 15% increase in diluted earnings per share to $4.73, and a return on equity of 31%. All three of the company's core business lines - securities, asset management, and credit services - achieved record net income for the year. The annual report emphasizes the company's focus on clients and leveraging its strengths to create a new financial services firm positioned for continued success in the future.
Krygier Wealth Management Performance Update Nov 2013Mark_Krygier
This document provides an overview and performance update of the Krygier Wealth Management team at TD Wealth Private Investment Advice. The team directly manages over $160 million in client portfolios using a lower risk approach focused on high-income generating investments. They provide regular communication and reporting to clients. Performance data for their total return managed portfolios from 2013 and previous years is presented, showing returns relative to benchmarks like the S&P/TSX 60 Canadian Index and S&P 500 US Index.
This document outlines six important tasks for a woman to complete after the death of her spouse:
1. Update beneficiary information and financial records to ensure they are accurate.
2. Have important conversations with loved ones about final wishes and end-of-life care.
3. Consolidate financial information like account numbers and passwords.
4. Consult a financial advisor to structure assets optimally for passing to heirs.
5. Create a list of people to notify in the event of death and decisions about obituaries.
6. Update travel information to have important documents when traveling.
Empowering Women: Top 10 things BEFOREBobby Cherry
This document outlines 10 things every woman should do before the death of her spouse. These include: 1) creating an inventory of physical and non-physical assets; 2) understanding available Social Security benefits; 3) knowing the location of important documents; 4) ensuring beneficiaries are up-to-date on financial accounts; 5) selecting a trusted financial planner; 6) determining any available veteran's benefits; 7) completing estate planning documents; 8) selecting an estate administrator; 9) identifying outstanding debts; and 10) discussing burial wishes and pre-planning for funerals. The overall goal is to be prepared financially and practically for the death of a spouse.
Why Trusts may be of Value
Trusts have generally been used to help people who fall into two basic categories: people who need financial assistance and people who are unable to manage their own money properly. Hence, trusts have been used to benefit children, those over the age of majority who are immature and otherwise unable to manage large sums of money, those with disabilities who aren’t able to manage their own affairs, and those with substantial creditors.
A will provides several advantages:
1. It allows you to choose who receives your property and how much, including leaving gifts to employees, charities, or other organizations.
2. You can name an experienced executor, either an individual or corporate entity, to administer your estate according to your wishes.
3. Creating trusts in your will allows you to provide for minor children or other beneficiaries and avoid expensive guardianship proceedings. Trusts also enable you to conserve or accumulate income for beneficiaries.
Retirement Savings Challenges for WomenBobby Cherry
When it comes to saving for retirement and planning for retirement income, women face a number of unique challenges, which we’ll be discussing in more detail.
First of all, women generally live longer than men, which means they may need to plan for more years in retirement.
Because of their longer life expectancies, women should also consider that they may spend some of their retirement years living on their own.
Women often interrupt their careers to care for children and aging parents.
Because of these career interruptions, women may spend less time in the workforce and earn less money than men in the same age group, which could result in saving less for retirement and having a lower Social Security benefit.
It’s important to recognize these challenges and plan accordingly. Let’s look at each challenge a little more closely.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
What is Special Needs Planning?
Provides for an individual with special needs, taking into consideration the needs of the family as well as the individual.
Plans can be made by the individual and/or the loved ones of the individual-Child of any age-Sibling-Spouse-Parent-Other relative or friend
You can convert amounts from a traditional IRA to a Roth IRA in three ways.
You can make a rollover. You receive a distribution from your traditional IRA and then roll it over to a Roth IRA within 60 days after the distribution.
You can make a trustee-to-trustee transfer. You direct the trustee of the traditional IRA to transfer an amount from your traditional IRA to the trustee of your Roth IRA.
You can make a "same-trustee" transfer. If the trustee of your traditional IRA also maintains your Roth IRA, you can direct the trustee to simply transfer an amount from your traditional IRA to your Roth IRA, or redesignate your traditional IRA as a Roth IRA.
How many people in this room expect to need long-term care one day? It’s not surprising that few of us do, because it’s hard to face the fact that our health might decline. But statistics suggest that the risk is greater than we think. Approximately 70% of us--that’s 7 out of every 10 people here today--will need some type of long-term care services during our lifetimes at some point after we reach age 65. And though it's good news that people are living longer, a long life span increases the chance of developing serious health problems. In fact, according to the Alzheimer’s Association, one in nine people age 65 and older has Alzheimer’s disease, which often leads to the need for nursing home care. And while older people are more likely to need long-term care, younger people may need care too, as a result of a disabling accident or illness such as multiple sclerosis or Parkinson’s disease.
This isn’t meant to scare you, but rather to remind you that the need for long-term care can happen to anyone at any time. The need to be prepared is real, and something that you shouldn’t ignore.
Close your eyes for a moment--now try to picture yourself on the first day of your retirement. Your last day of work is behind you; there is no alarm clock jolting you out of sleep. You awaken on your own and you have the rest of your life ahead of you. Are you happy about your prospects? Relaxed? Energized? Excited? Now open your eyes.
How business continuation planning could help preserve your business by providing a smooth transition of ownership and control.
Family-owned businesses are the backbone of the American economy. Yet many small-business owners make a costly mistake: They have no business continuation plan. This leaves the future of their businesses to chance.
An Overview of Some Sophisticated Estate Planning Strategies for individuals who are concerned about minimizing gift and estate taxes, and individuals who have specific goals such as transferring a business interest, providing for a favorite charity, or protecting assets from future creditors.
Please keep in mind that this presentation is intended only to give a general overview of some sophisticated planning strategies, and that these strategies are subject to various technical considerations. Some of them may or may not be appropriate in your particular situation, so you’ll need to consult your estate planning advisor to determine whether they are right for you.
The document outlines 8 steps to financial success: 1) Set goals; 2) Understand risk; 3) Leverage the power of compound returns over time; 4) Invest early and often; 5) Increase savings when income increases; 6) Stay focused on long-term investing rather than trying to time the market; 7) Have adequate life insurance; 8) Use a professional wealth manager for their expertise, resources, and help achieving financial goals. It provides examples and formulas to illustrate concepts like compound returns and how much to save monthly to reach savings targets. The document encourages long-term investing for growth and using a wealth management firm for guidance.
This document provides information about mutual funds, including:
1) Mutual funds pool money from many investors and invest in stocks, bonds, or cash, with varying levels of risk depending on the fund's portfolio. Investors can purchase shares with different pricing arrangements.
2) Mutual funds have fees and expenses that will reduce returns, including management fees, sales charges, and annual expenses. Shares can generally be sold at any time at their current market value. Mutual fund investments outside of retirement plans are subject to tax.
3) The document discusses risks associated with stocks, bonds, foreign and international investments, and provides historical examples of asset class returns and the benefits of diversification.
While our nation faces serious issues right now, there are compelling reasons to consider investing today.
As the nation recovers from the Great Recession, something’s happening that should give investors hope.
This document discusses defined benefit plans as a tax strategy for individuals with self-employment income or small business owners. It provides an overview of defined benefit plans, compares them to other retirement plans, and highlights how they can maximize tax-deferred retirement contributions and savings. The document then presents several hypothetical examples of how defined benefit plans could benefit different types of medical professionals, including solo practitioners, married couples, small group practices, and those with fluctuating incomes. It also reviews eligible compensation, key dates, fees and the process for establishing a defined benefit plan.
2. Investing in their future
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23. Regular investing neither ensures a profit nor protects against loss in a declining
market.
The return of principal for bond funds and for funds with significant underlying bond
holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation
and credit risks associated with the underlying bond holdings. Bond prices and a bond
fund’s share price will generally move in the opposite direction of interest rates.
Diversifying investments does not insure against market loss.
Investing outside the United States involves risks such as currency fluctuations, periods
of illiquidity and price volatility, as more fully described in the prospectus. These risks
may be heightened in connection with investments in developing countries.
Lower rated bonds are subject to greater fluctuations in value and risk of loss of income
and principal than higher rated bonds.
Small-company stocks entail additional risks, and they can fluctuate in price more than
larger company stocks.
An investment in the money market fund is not insured or guaranteed by the FDIC or
any other government agency. Although the fund seeks to preserve the value of your
investment at $1.00 per share, it is possible to lose money by investing in the fund.
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