Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Andrew Schmidt
Prime Brokers Explained: Key Services and Their Vital Role for Hedge Funds
Key Takeaways Prime brokers manage complex investment activities and provide essential services to hedge funds. They offer custody, trade clearing, and large-scale investment facilitation. Prime brokers serve as intermediaries between hedge funds, large institutional investors, and commercial banks. They enhance hedge fund operations with services like risk analytics and capital introduction. Selecting the right prime broker is crucial for hedge funds to operate efficiently and attract investors.
How Deel is building truly global payroll
Until now, the economics of global payroll — a payroll platform that actually covers the entire globe — didn’t make sense. But now, the combination of cloud-native technology and an employer-of-record business model makes it work. You’re a business running a global operation. Wouldn’t it be great if you could effortlessly hire the best people in the world to power your company?
Event Contracts: What They Are and How They Are Used
What Are Event Contracts? Event futures contracts allow people to speculate on the outcome of a specific event, such as the result of a political election, the winner of a sports championship, or the closing point value of a benchmark average like the S&P 500. Most are formatted for putting money on “yes” or “no” outcomes before expiring. The existence of these products is contentious, and for good reason.
Master RRG Charts: Boost Your Trading Strategy
Key Takeaways Relative rotation graphs (RRGs) visually compare the performance and momentum of securities or asset classes against a benchmark. RRGs divide the graph into four quadrants: leading, lagging, weakening, and improving, to indicate different performance stages. While useful for spotting trends and allocation strategies, RRGs should be combined with other analysis tools for comprehensive insights.
Bitcoin Ordinal NFT: Everything You Need to Know
What Are Bitcoin Ordinals? Bitcoin Ordinals are assets that have had data inscribed or written on individual satoshis on the Bitcoin blockchain. Every satoshi is given a serial number based on the order in which it was mined. These numbers are known as ordinals and they help the blockchain keep track of where every satoshi is located and who owns it.
Joint Brokerage Accounts: What You Need to Know
Key Takeaways Joint brokerage accounts allow multiple individuals to invest together, pooling their resources for potentially higher returns and simplified tax reporting. Types of joint accounts include tenancy in common, joint tenancy with rights of survivorship, and tenancy by the entirety, each with distinct legal implications. Effective management requires clear communication, setting shared investment goals, and regular account reviews to avoid conflicts and legal issues.
Automated Investing: What It Is and How to Take Advantage of It
Key Takeaways Automated investing uses algorithms and mathematical models to manage client investments, offering a streamlined and cost-effective solution. It involves client onboarding, strategy recommendations, asset allocation, automated trades, rebalancing, monitoring, and sometimes tax optimization. Different types of automated investing include pure robo-advisors, hybrid models, socially responsible investing, and goal-based advisors.
Comprehensive Guide to Business Grants: Types, Sources & Applications
Key Takeaways Business grants are provided by governments, foundations, charities, and corporations and do not require repayment. Grants are targeted at specific business types, activities, and underrepresented communities. Securing a business grant can be challenging due to competitive application processes. Grants differ from loans, offering funds that must be used for a designated purpose. Eligibility and application requirements vary, so careful research and preparation are vital.
Can Robo-Advisors Outperform the S&P 500?
Key Takeaways Robo-advisors use algorithms to create investment strategies based on users’ goals and risk tolerances. They typically offer a diversified approach, spreading investment across multiple asset classes to potentially reduce risk. Performance of robo-advisors compared to the S&P 500 can vary depending on market conditions and investment strategy. Some robo-advisors employ active management, which can potentially outperform passive strategies.
How to Tell If a Company Has High ESG Scores
Key Takeaways ESG scores provide a measure of a company’s environmental, social, and governance performance. Various criteria are used to evaluate companies on these three dimensions. Third-party ESG rating agencies offer different methodologies and scoring systems. ESG scores can be found online via brokerage platforms, financial portals, and rating agency websites. Investors use ESG scores to make informed investment decisions and assess the sustainability of a company’s operations.
Insurance Underwriter: Career Path and Duties
An insurance underwriter is someone who evaluates insurance applications, assesses applicant risk, and makes coverage and pricing decisions. If you have a background in finance, strong analytical skills, and an eye for detail, you may want to consider insurance underwriting as a career. Insurance underwriters determine risk, premiums, and the extent of coverage for insured parties.
The Glass Ceiling: Definition, History, Effects, and Examples
Key Takeaways The glass ceiling is a colloquial term for the social barrier preventing women from being promoted to top jobs in management. The term has been broadened to include discrimination against minorities.
How PwC Counts Votes and Manages Finances for the Oscars
Key Takeaways PwC has been responsible for ballot counting at the Oscars since 1935. The secret envelope system was implemented after a 1940 news leak. A 2017 mix-up in the announcement of the Oscar for Best Picture led to new protocols for ballot handling. PwC also audits the Academy’s financials and assists with taxes. Accountants don’t usually come to mind when we think about the Academy Awards.
Credit Card Terms and Conditions Explained: Fees, APR, and More
Key Takeaways Credit card terms provide all details about fees, interest rates, and rewards rules. APRs vary for purchases, balance transfers, and cash advances. Understanding terms helps avoid unexpected fees and know rewards eligibility. The CARD Act improved clarity in credit card terms and disclosures. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Are Credit Card Terms and Conditions?
What Is an Account Executive? Responsibilities and Required Skills
Key Takeaways Account executives are commonly found in advertising, public relations, financial services, and tech industries. Their role involves managing client relationships, sales, and contracts. Compensation includes base salary, commission, and bonuses for reaching sales targets. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Is an Account Executive?
Year-End Bonus: Definition, Who Gets It, When, and Why?
Key Takeaways A year-end bonus is a form of compensation that employers pay to their employees in addition to their regular earnings. This type of bonus is often tied to performance metrics. Bonuses can be made in cash as lump-sum payments or in other forms, such as stocks or paid time off. Employers and employees may arrange to have year-end bonuses paid in the following year for tax planning purposes. Use your bonus to spend, pay off debt, or save.
Understanding Sign-on Bonuses: Definition, Process, and Taxation
Key Takeaways A sign-on bonus is a financial incentive provided by companies to attract highly qualified candidates. While sign-on bonuses can sweeten a job offer, they are subject to taxation, which can significantly reduce the net amount received. Sign-on bonuses may come with conditions, such as repayment if the employee leaves before a specified period. Negotiating a sign-on bonus may limit your ability to negotiate other aspects of your compensation package.
Credit Card Balances: Understanding What's Included
Key Takeaways A credit card balance includes purchases, balance transfers, fees, and interest. Paying your balance in full every month prevents interest charges. High balances increase credit utilization and can impact credit scores negatively. Credit card balance is different from statement balance, which is calculated at the billing cycle's end. Regular payments maintain your credit score and reduce debt. Get personalized, AI-powered answers built on 27+ years of trusted expertise.
Understanding Honoraria: Definition, Uses, and Tax Implications
Key Takeaways An honorarium is a voluntary payment for services where no fee is mandatory, typically given to guest speakers or volunteers. Honoraria are taxable and must be reported as income to the IRS, often using a 1099-MISC form if the amount is $600 or more annually. Although an honorarium is not usually tax-free, certain exceptions apply, such as for ministers performing religious duties.
Stipend: Definition, Types, Benefits, and Tax Implications
Key Takeaways A stipend is a fixed sum of money provided to individuals to help cover expenses during training or unpaid work. Stipends are typically not subject to withholding tax by employers, but recipients must pay applicable taxes themselves. Common recipients of stipends include interns, apprentices, students, and clergy members. Government regulations allow stipends to fall below minimum wage as long as they are used for training purposes.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Andrew
Contact Andrew, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack