Never underestimate the power of Big Tech—their ability to retain excellent legal guidance and leverage their lobbying efforts. This was evident in Tuesday’s Google ruling, when U.S. District Judge Amit Mehta said he would not force the company to spin off its Chrome browser, even though he found that Google had engaged in illegal monopolization. That decision was the best-case outcome for both Google and Apple, as Google pays Apple more than $20 billion per year to remain the default browser on the iPhone.
Having lived in D.C. for 15 years and worked with many talented lawyers and lobbyists, I understand their value within the system. Their client advocacy is critical in a capitalist framework, as the government relies on the lobbying industry to help it understand the breadth of business. From an investment perspective, what’s most important is recognizing the power of extremely profitable businesses and aligning your portfolio accordingly. Both Google and Apple are trading at all-time highs today—no coincidence.
Warren Capital Group’s foundational planning software allows you to access your online financial information in one place so you can easily monitor your portfolio, including investment, retirement, and credit card accounts.
There are multiple aspects to managing wealth and they require a consistent, disciplined approach. Our wealth management practice has discipline at its core and is designed to help our clients grow and protect their net worth.
Give your employees a benefit plan that will allow them to begin saving for retirement. We sit down with each company and assess the benefits of each type of plan for both the company and their employees. Employees will also have access to our foundational planning software.
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