Family Wealth Watch

Layoffs Soared 98% in 2023 With Employers in Cost-Cutting Mode

In 2023, companies planned 721,677 job cuts, 98% jump from 2022, according to report from outplacement firm Challenger, Gray, and Christmas.

US Consumer Debt Just Returning to Normal Levels, Bernstein Says

Strains on US consumer spending such as rising delinquency rates on credit cards largely indicate Americans’ debt is returning to pre-pandemic levels.

Wealthy Americans are More Worried About Finances Than Usual.

Wealthy Americans are more worried about finances than usual. Financial experts share their high-net-worth clients’ 3 biggest concerns.

Despite Good News, Allianz Survey Finds Americans Feeling Stressed Out

Significant portion of Americans report increased financial stress according to Allianz Life survey 40% of respondents up from 34% feel more strained.

Here’s Why Some Americans are Working Through the Holidays

Many Americans think the holidays mean time off, but that’s not true for all workers.

Wealth Transfer From Boomers to Millennials Poised to Redefine the Financial Landscape

Increasingly, Baby Boomers are opting to pass on assets during their lifetimes, particularly to assist their Millennial children.

Americans More Stressed with Inflation Affecting Finances

Allianz study finds more Americans want to make positive changes to their personal finances in 2024.