Survey of Consumer Finances

Monterey Financial, LLC: Unveiling the Future of Timeshare Financing at GNEX-ACOTUR 2023 Conference

Retrieved on: 
Monday, November 13, 2023
Account executive, SAN, Kempinski, Conference, GNEX, Survey of Consumer Finances, Tourism

SAN DIEGO, Nov. 13, 2023 /PRNewswire/ -- Monterey Financial, LLC, has been a leading player in the Consumer Finance, Loan Servicing Management, and Delinquent Debt Recovery sectors for over thirty years. Known for its innovative approach to solving complex financial challenges faced by entrepreneurs across various industries, Monterey Financial is delighted to share that it will be participating as a sponsor, presenter, and exhibitor at the highly anticipated GNEX-ACOTUR 2023 Conference at Kempinski Hotel Cancun, scheduled from November 14-16, 2023. During the event, Monterey Financial will showcase its expertise in the vacation industry, offering insightful solutions to meet the unique needs of businesses in this field.

Key Points: 
  • At the GNEX-ACOTUR 2023 Conference, Monterey Financial will take center stage, unveiling the future of the finance and travel industries.
  • Monterey Financial is dedicated to revolutionizing timeshare financing and empowering brokers to achieve unparalleled success in the industry.
  • Join us at this exceptional event as we unlock new opportunities and redefine the future of timeshare financing."
  • Stop by to connect with Monterey Financial, LLC participating and sponsoring in the esteemed GNEX-ACOTUR 2023 Conference at Kempinski Hotel Cancun from November 14-16, 2023.

Again Named Among the "Best Places to Work 2023," Monterey Financial Shapes the Future of Work for Consumers and Employees Alike

Retrieved on: 
Thursday, October 5, 2023
Survey of Consumer Finances, San Diego Business Journal, Strategic partnership, Alternative financial services in the United States, Intelligence, Education, Marketing, Business development, Management, Nursing

OCEANSIDE, Calif., Oct. 5, 2023 /PRNewswire/ -- For the second consecutive year, Monterey Financial is proudly listed among the San Diego Business Journal's (SDBJ) "Best Places to Work 2023." A national leader for more than 30 years in the Consumer Finance, Loan Servicing Management, and Delinquent Debt Recovery space, Monterey is known for its ingenuity in developing uniquely effective financial solutions to the various complex challenges facing business owners across nearly every industry. Today, the company's proactive approach to establishing a supportive, team-centered culture proves one of its greatest assets as it pioneers creative options for the rapidly shifting, skills-based future of work. Central to this approach is the company's commitment to bringing on board individuals with diverse, specialized skill sets that align with Monterey's forward-thinking vision.

Key Points: 
  • Central to this approach is the company's commitment to bringing on board individuals with diverse, specialized skill sets that align with Monterey's forward-thinking vision.
  • "We've always adhered to the belief that we thrive most as a team," shares Monterey's Executive Vice President John Owens.
  • Randall stands out for his experience in the financial sector and his prowess in marketing and content creation.
  • The SDBJ award evidences Monterey Financial's foundational understanding of a crucial business finance principle: that leading the industry starts with serving people well - clients and staff alike.

The Finance Industry is Failing Today’s Job Seekers: 3 Keys to Fixing It

Retrieved on: 
Wednesday, August 9, 2023
Online, Alternative financial services in the United States, Learning, MFS, Student, Education, Survey of Consumer Finances, Management, Tutoring, Nursing

Now, their dynamic team of fin-tech experts shares the key measures existing financial entities can take to advance the rapid democratization of education .

Key Points: 
  • Now, their dynamic team of fin-tech experts shares the key measures existing financial entities can take to advance the rapid democratization of education .
  • “Online platforms are quickly emerging as the primary method of building valuable job skills.
  • This gap presents an enormous opportunity for finance companies to step in and contribute to the democratization of online education.
  • Learn more and discover why MFS is a trusted industry leader at montereyfinancial.com .

The consumption impulse from pandemic savings ‒ does the composition matter?

Retrieved on: 
Friday, June 30, 2023
Autumn, U.S. Department of the Treasury, Office of Inspector General, Housing, Journal of Economic Dynamics and Control, MPC, Office of Inspector General, U.S. Department of Health and Human Services, Excess, Economics Bulletin, Speech, Survey of Consumer Finances, Economy, COVID-19, Coronavirus, Control, DFA, Consumption, MPC 75, USD, Government, Household Finance and Consumption Survey (Ireland), Economics, HSBC Finance, Treasury, Education for Economic Security Act, NBER, Journal, ECB, Income, 2018 Arkansas Issue 5, United, Volition, HFCS, SCF, Calibration, Tourism, Real estate, Bank, Bookkeeping, Security (finance), Atlantic Ocean
Key Points: 

Troutman Pepper Launches Blog to Create a Single Destination for all Financial Services Content

Retrieved on: 
Wednesday, June 14, 2023
Crypto, News, Commentary, Fintech, Financial services, Chambers, Partner, Business, Android, Multimedia, Blog, Privacy, Chambers and Partners, Bank regulation, Alternative financial services in the United States, All-aspect, M&A, Cryptocurrency, Bank Secrecy Act, U.S. News & World Report, Apple, Bank, Survey of Consumer Finances, Bankruptcy, Troutman Pepper, Mobile phone

NEW YORK, June 14, 2023 /PRNewswire/ -- The Troutman Pepper Financial Services blog launched today with comprehensive analysis and insight into pertinent law, regulation, and business, and brings together thought leadership and news spanning the entirety of the financial services industry. Topics covered span consumer and bank regulatory, compliance and enforcement, litigation, consumer and commercial lending, M&A, capital raising and private equity, payments and fintech, banking as a service, the Bank Secrecy Act and anti-money laundering, bankruptcy, data security and privacy, strategic government relations issues, and more.

Key Points: 
  • "We created this new blog to showcase the comprehensive breadth of our financial services practice, which truly covers all aspects of what our clients need, in every aspect of their business," said Partner Kris Henman, co-leader of the firm's Financial Services team.
  • "We are covering what clients care about and what they don't know they should care about," said Partner James Stevens, who co-leads Troutman Pepper's Financial Services team.
  • The Troutman Pepper Financial Services blog also is available on a new "Troutman Pepper" mobile app.
  • To subscribe to the Troutman Pepper Financial Services blog, click here .

Most super rich couples have breadwinning husbands and stay-at-home wives, contrasting sharply with everyone else

Retrieved on: 
Thursday, June 1, 2023
Exercise, Workforce, Man, Travel, Prevalence, Politics, Workplace, Survey of Consumer Finances, Hope, Woman, Research, Federal, Time, Income, Glass, Nightclub, Drug, Weaving, Nursing

We examined how couples divide work, focusing on three different wealthy groups – the super rich, the just plain rich and the upper middle class, as defined by their wealth percentile, and compared them with those of less affluent couples.

Key Points: 
  • We examined how couples divide work, focusing on three different wealthy groups – the super rich, the just plain rich and the upper middle class, as defined by their wealth percentile, and compared them with those of less affluent couples.
  • We found that, in 2019, 53% of super rich heterosexual couples had arrangements in which the woman was not gainfully employed, compared with 27% of rich couples, 20% of upper-middle-class couples and 26% of less affluent couples.
  • On the flip side, just 28% of super rich couples had both the man and woman working full time.
  • What we still don’t know
    We don’t know what exactly drives super rich couples’ work-family decisions.

Racial Equity Program Provides $8,000 Scholarships for 24 High School Seniors Learning About Investing

Retrieved on: 
Thursday, May 11, 2023
Triple accreditation, University, University of California, Berkeley, Student, Berkeley, Survey of Consumer Finances, Curriculum, Inequation, Mills College at Northeastern University, PG, African Americans, Haas School of Business, Federal TRIO Programs, The Electric Company, UC, Investment, McClymonds High School, Guangdong–Hong Kong–Macao Greater Bay Area, Knowledge, Haas, Northeastern University, Pacific Gas and Electric Company, PG&E, Upward Bound, Capital Group Companies, Tutoring, Nursing, Management, Business

OAKLAND, Calif., May 11, 2023 /PRNewswire/ -- On Saturday (May 13), 24 high school students will graduate from the Economic Equity and Financial Education Pilot Program, a two-semester advanced financial education course taught at the Haas School of Business, University of California, Berkeley. The program was created and funded by Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The PG&E Foundation).

Key Points: 
  • The program was created and funded by Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The PG&E Foundation).
  • Otis Ward, a senior at McClymonds High School in Oakland, is one of the students to complete the program, receive a scholarship and earn acceptance to UC Berkeley.
  • The program is designed to provide wealth creation tools through an advanced financial education curriculum for high school students, and also to support post-secondary education achievement through scholarships for participants, funded by PG&E.
  • The program can serve as a model for future high school education curriculum.

Investing in Our Communities: New Program Provides Financial Education, Mentorship, and College Scholarships to Help Close Racial Wealth Gap

Retrieved on: 
Tuesday, November 1, 2022
University, Personal Finance, Education, Professional Services, Utilities, DEI (Diversity, Equity and Inclusion), Oil, Gas, Alternative Energy, Energy, Other Education, Finance, McClymonds High School, Student, School, Knowledge, African Americans, PCG, Haas School of Business, Faculty, Organization, PG, Research, Northeastern University, NYSE, Industry, Survey of Consumer Finances, Program, Berkeley, Triple accreditation, University of California, Berkeley, Business, Upward Bound, Minkowski inequality, University, Investment, Federal TRIO Programs, UC, Pacific Gas and Electric Company, PG&E, Triple bottom line, Curriculum, The Electric Company, Mills College, Haas, Mile, Natural gas, Capital Group Companies, Management, Tutoring, Pharmaceutical industry, Medicine, Central California, Points of the compass

The Economic Equity and Financial Education Pilot Program is a two-semester course on advanced financial education taught at the Haas School of Business.

Key Points: 
  • The Economic Equity and Financial Education Pilot Program is a two-semester course on advanced financial education taught at the Haas School of Business.
  • The 25 students who successfully complete this rigorous academic program will be awarded college scholarships of at least $7,000.
  • High school senior Otis Ward is looking forward to taking part in the program and qualifying for a scholarship.
  • Students will take courses taught by Haas School of Business professors and financial industry professionals on topics including personal finance, capital markets and wealth creation, financial data analysis and investments.

End Your Fiscal Year on a High Note with Help From the AR Purchase Experts at MFS

Retrieved on: 
Friday, October 28, 2022
Bankruptcy, Growth, Solution, Survey of Consumer Finances, Wells Fargo, Better Business Bureau, Technology, GLOBE, Alternative financial services in the United States, Business development, Book, TMA, MFS, Partnership, Financial services, Bank, Real estate

MFS has proudly served thousands of business clients over 30+ years, leading the Consumer Finance, Loan Servicing Management, and Delinquent Account Recovery space while emphasizing a compassionate customer service approach.

Key Points: 
  • MFS has proudly served thousands of business clients over 30+ years, leading the Consumer Finance, Loan Servicing Management, and Delinquent Account Recovery space while emphasizing a compassionate customer service approach.
  • As Q4 winds down, we can help clean up your books, accelerate cash flow, increase year-end revenue, and reduce servicing costs.
  • Continuing a 19-year relationship with Wells Fargo, they recently renewed a three-year line of credit that provides enough capital to purchase sizable portfolios.
  • Discover why MFS is a trusted leader in loan servicing/delinquent debt recovery, strategic financing, and more.

NAHREP and Hispanic Wealth Project 2022 Hispanic Wealth Report Offers Case Study for Closing Wealth Gap

Retrieved on: 
Friday, September 23, 2022
Movement, Ageing, Policy, HWP, Survey of Consumer Finances, Association, Knowledge, Industry, 125th, Entrepreneurship, Gingival recession, Investment, White, Ownership, CEO, White people, Great Recession, Retirement, SAN, National Association, Motivation, Small business, Multimedia, Education, Housing, Bottled water, Management

SAN DIEGO, Sept. 23, 2022 /PRNewswire-PRWeb/ -- The National Association of Hispanic Real Estate Professionals (NAHREP®) and the Hispanic Wealth Project™ (HWP) today released their annual State of Hispanic Wealth Report (SHWR) at the L'ATTITUDE conference. The report's findings include member survey results that demonstrate a professional network's power in wealth creation, as three-quarters of NAHREP members have a net worth of at least $150,000 – more than 4 times the median net worth of Latinos in the U.S.

Key Points: 
  • As a $153,000 wealth gap between Latinos and non-Hispanic Whites remains, NAHREP members over-index in high-net-worth individuals
    SAN DIEGO, Sept. 23, 2022 /PRNewswire-PRWeb/ -- The National Association of Hispanic Real Estate Professionals (NAHREP) and the Hispanic Wealth Project (HWP) today released their annual State of Hispanic Wealth Report (SHWR ) at the L'ATTITUDE conference.
  • The report finds three-quarters (74.7 percent) of NAHREP members invest in retirement or brokerage accounts, significantly outpacing the general population of Latinos.
  • 2.The wealth gap remains large and poses risks to long-term U.S. prosperity: Despite Latino household wealth doubling since 2014, a sizable Latino/non-Hispanic White wealth gap remains ($153,050).
  • For the full report see the 2022 State of Hispanic Wealth Report , available for digital download.