Successful Financial Adviser, Michael Burwell

 

Michael Burwell is the Chief Financial Officer of Willis Towers Watson since 2017. Upon joining Willis Towers Watson, Michael spent more than 30 years at PricewaterhouseCoopers LLP (PwC). Throughout his time there, served more than ten years in the assurance practice working as a business adviser service. In 1997, Mr. Burwell was elected partner and transferred into the Detroit transaction business and was later requested to take over leadership of PricewaterhouseCoopers’ Central United States transaction business following his tremendous Success in Detroit.

He served in various business advisory services before he was elected partner and moved into the transaction business at the operation hub in Detroit. Michael Burwell was appointed as the Vice Chairman Global and the United States Transformation where he assisted in building and expanding the PricewaterhouseCoopers Company’s internal shared services. Throughout his leadership, Mr. Burwell has been optimistic and persistent in his work. He celebrates his successes with his workmates and assesses what makes him successful. He advises young people to embrace technology that helps them to share with others the useful information, and to work in collaboration with others, be good listeners and to build a network.

Michael was also appointed Chief Financial Officer and Chief Operating Officer of PricewaterhouseCoopers’ United State business. In 2012, he became the Vice Chairman Global and United States Transformation where he helped to build and expand internal shared services. He had led to an extensive range of buy- and sell-side project for private, multinationals and smaller companies since 1997 when he was a partner.

Moreover, Burwell has been the leader of a team that analyses individual product profitability and process enhancement in different industries. He has also been the chairman of the Automotive Suppliers Institute Conference for six years. Besides that, he is also a tremendous financial management motivator and an author of papers on the automotive industry and other related topics.

Mr. Michael Burwell holds a bachelor’s degree in business administration from the Michigan States University and is a Certified Public Accountant. In 2010, he was named Michigan State University’s Alumnus of the year. He believes in sharing his success to the young generation.

 

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See Also: https://michaelburwellfinance.com/

George Soros’ Opinion on Ukraine and the EU on Debt Relief

Ukraine is struggling to get a good deal from its creditors. It is a precondition that the IMF demands of the country. Talks for getting a good deal for the country are still ongoing. Another factor that has contributed to the hard economic times for the Ukrainian economy is Russian aggression according to George Soros Ukraine. It has made the Ukraine’s ability to pay back its debt unsustainable.

Unfortunately, for the Ukraine, there is no bankruptcy clause according to George Soros. It has left the country in a tough situation. The only leverage that the country currently holds is that it may default on its debt. However, that is a feasible cause of action. If that happens, bondholders of the country could threaten to discontinue investing in the country.

A default by a sovereign entity is usually quite costly. A good example of the lasting effects of sovereign default is Latin America in the 80s. Greece is also another good example. However, if a country can speedily resolve any issues with its creditors, it usually springs back within two years. The underlying economic problems keep a country off the market, not the default.

Nicholas Brady, a U.S. Treasury secretary, perfectly understood this issue in the 80s. He requested the banks to accept debt relief for Latin American nations that were moving towards debt reform. He knew that any problems the countries faced would not affect future investors as long as they showed promise through reform. Reference: http://www.nybooks.com/articles/2015/10/08/ukraine-europe-what-should-be-done/

Today Mr Brady is the chair of one of the largest private bondholders of Ukraine’s bonds. The company he heads is currently fiercely opposed to debt relief for the Ukraine. This is in stark contrast to the position he held in the 80s on the Latin American economies. Meanwhile, the Ukrainian government continues to press on with reform that Mr. Brady proposed in the 80s in Latin America. All these are steps aimed to qualify the country for debt relief.

In recent times, there has been a push by leading academics and policy makers for sovereign debt restructuring. It is already in use in the United States to help companies reorganize their debts so that they can avoid sinking into financial ruin. In the U.S., the law is known as Chapter 11, which assumes that forcing a company to pay off all its debts is bad for business.

The Ukrainian bondholders know that debt relief is bad for them. It will cause them to lose some money on their investments. However, they should admit that it is the only reason they are afraid of Ukrainian debt relief. The current efforts to convince Ukrainian lawmakers that debt relief is a bad thing should not continue. George Soros feels very strongly about this issue.

Additionally, George Soros warns that the E.U should take the issue of Ukrainian debt more seriously. If the Ukraine was able to get back on its feet, it could act as a buffer against Russia. However, the continued hardship that the Ukraine faces only continue to embolden Russia. George Soros is quite concerned about the lack of seriousness in the treatment of a resurgent Russia.

Read the articles about George Soros and Ukraine on NY Books

Martin Lustgarten is a Guru in the Investment Banking Arena

Investment banking is a discipline of banking that focuses on capital creation on behalf of corporations, high net worth individuals, and other established agencies. Functions carried out by investment banks range from underwriting of securities and debts, supervising mergers, acquisitions, as well as company reorganizations. Mostly, investment banks specialize in handling complex financial transactions. Investment banking encompasses two major lines of business such as “sell side” and “buy side”. The sell side involves selling securities via market making while the buy side entails advising customers on purchasing investment services like life insurance and mutual funds.
How investment banks are different from regular bank

Unlike regular banks, Investment banks do not take deposits. Nevertheless, most investment banks collaborate with large financial institutions and banks. They conduct a thorough research, identify risks, and returns of the project prior to advising a customer to commit.

Roles of investment bankers

Investment bankers offer insights and intelligence on mergers, acquisitions, reorganizations, and other related issues. They study the market to assist the management team in determining the perfect period to make public offerings. These experts also offer financial services and advice that help the client in managing their assets. The bankers can come up with strategies and implement transactions on customers’ behalf. They assist their clients in finding and venturing into strategic alternatives with the goal of wealth maximization.

Martin Lustgarten

Martin Lustgarten is the owner and founder of Lustgarten, Martin, the Florida-based investment banking. He is perhaps one of the most talented and accomplished investment bankers in the world. His firm focuses on helping individuals, corporations, as well as other entities to raise enough capital. The company concentrates on the sell side part of the business. The success of the company reflects Martin’s personal discipline, determination, and unparalleled experience.

His exceptional communication skills have enabled Martin to interact with clients in a professional manner. The productivity of his company has been on an upward trend due to his tendency of mixing freely with employees and fostering a culture of collective handling of tasks. He helps his clients to invest in productive areas by offering them exceptional advice. He is active on social media accounts such as Facebook and Twitter.

George Soros On Support for Ukraine

George Soros is known by many as a billionaire hedge fund giant who made most of his fortune from his then Quantum Fund. Today, he owns and operates Soros Fund Management.

In relation to his investment career, he is also the author of finance-related books such as The Alchemy of Finance and The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means, and The Tragedy of the European Union.

Aside from being an author and a trader, George Soros is also a philanthropist. He is the chairman of Open Society Foundations, which is active in helping citizens in countries in transition from communism.

As a philanthropist, he is also active in several campaigns to support countries that are in danger of political and international conflicts today. One of them is Ukraine that is facing threat from Russia.

In his article on Ukraine & Europe which was published in The New York Review of Books, he stressed two things:

l US and EU sanctions against Russia is a big mistake

l Ukraine needs support to counter Russia

On US and EU Sanction

Soros said that US and Europe’s sanction against Russia is a necessary evil. It is necessary in order to destabilize Russia from attacking Ukraine. It is evil because the effect of this sanction does not only hurt Russia’s economy but also that of US and Europe.

Russia also has debt to pay to international creditors, so the internal crisis that it is now facing is also creating another bubble that may spread not only to US and Europe but also globally.

Moreover, Russia is ready to risk everything not only militarily but also financially for its Ukraine campaign, but US and EU are not even willing to wage war against Russia militarily. Therefore, the sanction is a big mistake.

Read more:
George Soros | Open Society Foundations (OSF)

Sustaining Ukraine’s Breakthrough

On Support for Ukraine

Soros stressed that European Union needs to support Ukraine to defend itself from Russia. This support will not only help Ukraine against Russian aggression but also Europe.

According to Soros, Europeans are not aware that they are the ones under attack by Russia. If they help Ukraine, this tendency will be hindered.

Soros emphasized that Putin is serious in rebuilding the Russian Empire. It is evident in Putin’s strategy to appeal to Russian citizens that the crisis is due to the pressure imposed by US and Europe.

This is the reason why the sanction is a big mistake. But if only the US and EU focused its support on Ukraine to disappoint Russia, Putin would become under pressure by his own citizens to stop similar campaigns.

However, Soros noted that the strategy of helping Ukraine is far from Europe’s mindset. This is why George Soros is actively campaigning for the support of Ukraine. He even sent papers to European leaders about a strategy to save Europe by preventing the fall of Ukraine.

Conclusion

George Soros is serious in convincing Europe and US to provide support to Ukraine. He does not only campaign for it through his literary genres but is also visiting Ukraine and operates his own foundation there.

Learn more about George Soros:
https://www.project-syndicate.org/commentary/george-soros-shows-why-eu-support-for-ukraine-would-end-up-benefiting-europe?barrier=true

http://www.nytimes.com/topic/person/george-soros

Jim Hunt Reveals Insights With VTA Publications Online Tools

The condition of worldwide markets being so intertwined at every level creates problems for many investors. Jim Hunt reveals and demonstrates strategies for guaranteeing profits using digital market tools and a sure method for making sense of modern market behavior.

Within minutes of any daily market opening, Jim Hunt shows how returns can be made in key markets like foreign exchange, fossil fuels, and even new vehicles like Bitcoin. With a quick, direct, and educated position, Mr. Hunt is able to teach people how to secure profits from daily trading on the stock market. Using programming tools, he is able to record modest profits that eventually grow into substantial rewards.

Jim Hunt is the leading representative of VTA Publications. This firm is dedicated to providing people from every walk of life with materials that help them begin the journey into trading investments. This company collects and distributes intellectual and real property offered by the greatest minds in the world of marketing and investing. It also directs individuals interested in making money using markets to the best computer-aided tools for helping them to uncover the secrets behind achieving investment success.

All indicators point toward the American stock market as being in the early stages of a bear condition. This would normally mean a pull-back in investor confidence. With Jim Hunt’s guidance, investors can see how careful monitoring of automated investment tools, combined with a thorough knowledge of historic market behaviors, can beat the bearish conditions.

Coworking Space: Creating an Environment for Success

Source: http://money.usnews.com/investing/articles/2016-05-11/how-to-invest-in-co-working-spaces

The working environment has continued to develop to account for changes in both the economy and the way business operations are carried out. One of the most recent business ventures that companies have been utilizing is the use of a co-working space or a shared office space. Expansion for large companies and corporations can often take time and this new idea is helping that expansion occur without hurting revenues or other such essentials. Below you’ll find out a little more about these operations and how one company is changing the way New York City does business.

 

The groups in charge of these co-working space availabilities usually target big cities or large per capita areas. The people behind the spaces understand that start-up groups and fortune 500 companies alike both wish to pursue large markets and get their name out there. Marketing these companies and being able to keep employees within the small general area of each other can be a tough task. That is where these co-working spaces come in handy. They operate as an open office space that allows companies to meet without having to congregate in a big building in a large city. Companies strive to reach a towering headquarters or a place that lies in the center of the city, but quickly expanding also could hurt a company’s prospects at an early state. The relationship between co-working spaces and businesses using these spaces have really created for a positive venture for both parties.

 

One of these coworking spaces that is really stepping up for the businesses it represents in Workville in New York City. This company is conveniently located near Times Square and other such business districts of New York. The building they have created for the companies they represent is unparalleled when compared to other such co-working operations. Workville creates a setting for employees that emulate the likes of a fancy hotel in that their space is wide open and organized which allows for some of the greatest minds to come up with innovative ideas and reach peak amounts of productivity. Their efforts are second to none and their amenities truly provide for a working experience unlike any other.

 

The idea of co-working spaces is helping create the future of business. This idea benefits both the people setting up these spaces for rent and the company that ends up renting the space. It is creating connections all over the world, without having to demean from the end goal. Workville is just one of the shining examples that exist amongst this new work space.

Understanding the Risks That Come With Short Term Renting

A huge number of homeowners in America are renting rooms in their homes (or the entire home) to short-term tenants and even travelers. They are using one of the many online rental platforms that specialize in this business. The aim is to make some extra cash that is then used in making rental and mortgage payments for the properties. People living in expensive areas and neighborhoods find this to be an economical way to meet mortgage payment demands.

However, despite the rising growth of this business, many homeowners are ignorant of the many challenges and risks that come with short-term renting to strangers and travelers.

1. Homeowner’s Insurance Policies Do Not Extend to Short Term Rentals

Many insurance policies do not cover owners who rent their properties on a short term basis. This is because this coverage is often viewed as quite risky and uneconomical by the insurance company. In order to protect one’s assets, the homeowner should either get a complete business liability policy, upgrade their policy or add a rider that ensures that they are covered. They could also decide to only rent to tenants with insurance coverage.

2. Increased Risk
Tenants often increase the risk of damage to a property as opposed to family and friends more so if they rent short-term.

3. Inadequate Coverage from Online Rental Platforms

Online rental platforms only offer a guarantee of insurance and not actually a full coverage. It is only accessible after the home owner proves that they have exhausted all other avenues.

Richard Blair

Richard Blair is the owner of Wealth Solutions Inc., an investment advisory firm that is registered and based in Austin, Texas. He founded the company to offer great investment advice to small business owners, families and individuals. Blair has reiterated that the reason why he chose to educate people on effective investment methods is because he comes from a family of teachers. He experienced firsthand how education can change a person’s life by allowing them to grow their knowledge and confidence.

Blair entered the world of financial services immediately after graduating from college. He founded Wealth Solutions Inc. in 1994, and has since offered excellent and unbiased financial advice with no conflict of interest. He has gained immeasurable experience and knowledge in retirement planning. He has held the coveted industry securities registration for nearly 22 years and has grown his fund into a $55 million worth RIA.

Learn more:

https://about.me/richardblair

https://angel.co/richard-blair