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During Covid-19, one of the most challenging times in modern history, the crisis impacted the underprivileged the most. In response to this, a positive change in individual and institutional philanthropy was sparked by the global pandemic as foundations, and individual donors came together to commit more capital and help those in need. According to a […]

According to a survey that measured the median household income in the United States in 2020 by race or ethnic group, Asians roughly make $20,000 more than the other groups. South Asian Americans are also the fastest-growing racial group in the US and trends show that they have economically fared better than other social groups

Ultra-high-net-worth individuals have incredibly complex portfolios and balance sheets. Experienced financial planners such as those at independent financial advisory Avestar Capital are crucial to managing their assets Xerxes Mullan., Global AdvisorforAvestar Capital believes that financial planning creates far superior returns as compared to investments. The most effective financial plan is the one that puts your needs and goals

As an entrepreneur, knowing how to raise sufficient capital can mean the difference between success and failure. Entrepreneurs are often faced with the decision of raising money strategically or as a need to fund business growth. Xerxes Mullan, Global Advisor for financial advisory Avestar Capital, is an entrepreneur himself and has gathered meaningful insights from his years of

Entrepreneurs do not typically like to use the word “leverage” on their balance sheets, given the risk they are undertaking—financial leverage results from using borrowed capital to amplify the potential returns on an investment. However, the potential downside risk in the case that the investment does not pan out is also high. Xerxes Mullan, Global

Avestar Capital is pleased to announce that Christopher Dunne & Connor Tendall have joined the firm as Relationship Managers. The Founding Partner of Avestar Capital, Xerxes Mullan believes that building strong relationships with clients as well as partner firms is one of the most important tenets in the wealth management business. Xerxes has built a team that

Selling a business can be a daunting task for many. As owners or entrepreneurs begin considering the sale of their enterprise, there are numerous factors to consider. It really does take a village to get the process going. Xerxes Mullan, the Founding Partner of independent financial advisory Avestar Capital, suggests starting early. “Selling a business requires a

Selling a business can be a daunting task for many. As owners or entrepreneurs begin considering the sale of their enterprise, there are numerous factors to consider. It really does take a village to get the process going. Xerxes Mullan, the Founding Partner of independent financial advisory Avestar Capital, suggests starting early. “Selling a business requires a

Within the wide range of financial services offered, wealth management happens to be one of the most attractive sectors. This is due to the fact that wealth management has higher growth prospects, requires lower capital and has a higher return on equity as compared to other retail banking businesses. Secondly, wealth management businesses attract and

Whether you are a US citizen moving abroad or a US Green Card holder becoming an expatriate, numerous financial decisions must be made. Managing your wealth can be an arduous task in itself. To further add the complexities of the various laws across countries, varying time zones and tax codes are a difficult path to