Professional Services
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Philadelphia’s Gender Pay Gap Is Closing, But Not for Women of Color
Philadelphia’s gender pay gap is closing, but for women of color, the finish line keeps moving further away. A new report from the Forum of Executive Women, shared first with Axios Philadelphia’s Isaac Avilucea, found that women across the city earned about 88.8 cents for every dollar men earned in 2024, up from 85.5 cents in 2015. …
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Is It Time for a Workforce Assessment?
An engaged and productive workforce is the heartbeat of any organization, driving performance, growth, and opportunity. But even the most people-focused employers can face workforce challenges that impact morale, productivity, and long-term success. As you navigate 2026, your organization is probably balancing rising labor costs, ongoing economic uncertainty, evolving employee expectations, and rapid changes in…
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Where Does Philadelphia Rank in Budgeting Habits Compared to Collar Counties?
Budgeting is one of the most effective ways to be financially independent, and that starts with building strong budgeting habits, writes Adam McCann for WalletHub. The source has released a new ranking of more than 2,800 counties that determines which have the best and worst budgeting habits based on 11 key metrics. They include the…
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Wayne-Based Guardian Capital Partners Closes Fourth Fund With $441M
Wayne-based Guardian Capital Partners has closed its fourth fund, marking its largest raise by far since the firm launched in 2008, at $441 million, writes Jeff Blumenthal for the Philadelphia Business Journal. Co-founders of the leveraged buyout private equity investor focused on the lower end of the middle market, Peter Haabestad and Scott Evans, believe Guardian Capital Partners Fund IV…
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Valentine’s Day in Philadelphia: Romantic, Budget-Friendly Getaway
With Valentine’s Day spending hitting record highs this year, Philadelphia once again stood out as a hidden gem and a budget-friendly destination for couples, writes Amanda Hurley for FOX 29 Philadelphia. The city once again ranked among the more affordable major metros where couples can enjoy Valentine’s Day without having to overspend. A budget of…
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Malvern’s Vanguard Announces Second Major Fee Cut in Year, Totaling Nearly $250 Million
Malvern-based Vanguard Group said on Monday that it is slashing fees on 53 investment funds, representing its second major reduction in fees in a year, writes Jeff Blumenthal for the Philadelphia Business Journal. The fee reductions translate to an average savings of 27 percent for investors, totaling nearly $250 million. On Feb. 1, 2025, the firm reduced fees on…
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Previously Outsourced, Malvern’s Vanguard Group Reclaims Hundreds Of Local Jobs From Infosys
Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan for the Philadelphia Business Journal. The investment giant is laying off 248 employees at its Infosys subsidiary BPM Limited in Chesterbrook, with 96 percent getting offered positions within Vanguard. The layoffs are scheduled to occur between…
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WSJ: How a Bala Cynwyd Financial Services Firm Hopes to Turn Sports Betting into Big Business
A Bala Cynwyd–based financial powerhouse is blending finance, sports, and data-driven betting in the prediction markets, writes Kevin T. Dugan for Wall Street Journal. Susquehanna International Group is actively hiring traders to work in prediction markets, including sports-focused roles that involve betting on outcomes across leagues like the NFL and NBA. Founded by billionaire investor…
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Consumers in Philadelphia Region Pull Back on Spending, Fed Reports
With strong economic growth but a slowing labor market last year, a theme of 2026 will be “waiting for clarity,” according to Federal Reserve Bank of Philadelphia President Anna Paulson, writes Jeff Blumenthal for the Philadelphia Business Journal. Speaking to the Chamber of Commerce of Greater Philadelphia last week, Paulson said the national economy created…
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5 Joyful Year-End Planning Moves to Set You Up for a Brighter Year Ahead
As the year winds down, it’s easy to get caught up in the bustle of the holidays and the rush to wrap things up at work and home. But before the calendar turns, it’s also the perfect time to pause, reflect, and make a few intentional moves that can set you up for a more…
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Newtown Financial Advisor, Bestselling Author Partner on New Book
Newtown financial planner Marc Butler teamed up with bestselling business author Eric Butow on a new book titled “Master Your Money, Secure Your Future: Build and Sustain Financial Well-Being Through Every Stage of Life,” writes Jeff Werner for the Patch. The book provides readers with the tools, structure and motivation needed to take meaningful action…
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Want to Be in Pennsylvania’s 1%? Here’s the Income You’ll Need
To rank in the top one percent of earners in Pennsylvania, residents need an income of $605,333, which is the 24th highest total in the country, write Joanne Drilling and Jeff Blumenthal for the Philadelphia Business Journal. The ranking draws on the most recent IRS earnings data from 2022. Across the nation, the findings revealed…
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Breaking Down School Taxes in Bucks County: Who Pays the Most and Least?
Annual school taxes in Bucks County vary greatly, with homeowners expected to pay anywhere from $3,000 to more than $7,500, writes Chris Ullery for the Bucks County Courier Times. The taxes are determined based on the assessed value of a property and the millage rate set for the county’s thirteen school districts by their officials.…
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Outdated Property Records May Be Costing Bucks County Homeowners
Some local homeowners could be paying too much property tax due to Bucks County’s decades-old tax records, which experts say are overdue for reassessment, writes Jess Rohan for the Bucks County Courier Times. Bucks County has relied on property data from its last countywide reassessment in 1972 to calculate taxes. This is longer than any…
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Center City Startup Connects First-Time Investors With Advisors, Making Financial Advice More Accessible
Founded by Mical Jeanlys-White, Center City tech startup WealthMore connects first-time investors with advisors to make financial advice more accessible, writes Joshua Sidorowicz for CBS News Philadelphia. “The vast majority of wealthy people have access to a wealth advisor, and that access means they grow two to three times more wealth,” said Jeanlys-White. “WealthMore is…
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Unlocking The Power of CLOs: A High-Yield Weapon for Savvy Investors
New asset classes do not come along very often, but there are some unique ones worth investigating. One that you may not have much exposure to is called a collateralized loan obligation or CLO. CLOs are not new, having been around since banks and insurance companies started to use CLO technology for regulatory capital relief…
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Why Private Preferred Stocks Are an Investment You Should Consider
This double agent of stocks could be a strong investment in your portfolio. Most people know that businesses can be private or public. A business may choose to sell common stock or preferred stock. But, what most people do not know is that a public company can also sell private preferred stock. Public common stock is open to daily stock market…
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Why Taylor Swift’s Career Is a Masterclass in Alternative Investment
Taylor Swift and her team are a genius organization, to be this popular for this long and put out a product that changes but keeps original fans still engaged. When artists update the type of music they create, some people drop off because it is not what they want. With Swift, she keeps those fans and…
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