Financial Planning: “Lifetime Achievement: Lew & Karen Altfest”

Lew Altfest is CEO, chief investment officer and principal advisor of Altfest Personal Wealth Management and an associate professor of finance at Pace University. Karen Altfest, principal advisor and executive vice president of client relations for the firm, launched Pace University’s CFP program.

Lew Altfest is CEO, chief investment officer and principal advisor of Altfest Personal Wealth Management and an associate professor of finance at Pace University in New York, where he teaches financial planning and investments. Karen Altfest, principal advisor and executive vice president of client relations for the firm (as well as a Ph.D. in history), launched Pace University’s CFP program.

The two are receiving Financial Planning’s Lifetime Achievement Influencer Award for their shared roles in both spreading the gospel of objective, fee-only financial planning in the consumer marketplace, and for reaching out to women on personal financial issues.

Read about it in Financial Planning.

 

Computerworld: “Obamacare could help fuel a tech start-up boom”

. . . While Obamacare may lead to an increase in start-ups, there’s another side to the coin. Once a start-up nears 50 full-time employees — the threshold for taking on insurance coverage responsibilities under the law — it might prompt the company to shift people to part-time work and rely more on outsourced contractors, said Bruce Bachenheimer, a professor of management at Pace University and director of its Entrepreneurship Lab.

. . . “A relatively short stay in a hospital can bankrupt someone,” said Bruce Bachenheimer, a professor of management at Pace University and director of its Entrepreneurship Lab. He said that, anecdotally, he’s seen many people who will take a job they don’t even care about just to get health coverage. “It’s become such an important factor,” he said.

The average age of people who create a tech start-up is 39, and not 20-something,” said Bachenheimer, despite the famous examples created by people such as Steve Jobs and Bill Gates. On top of that, there are twice as many tech start-up founders who are over the age of 50 as those who are younger than 25, he said.

Entrepreneurs are willing to take on risks, but health care is not a manageable risk, said Bachenheimer.

“There is a big difference between mortgaging your house on something you can control, and risking going bankrupt by an illness because of something you can’t control,” said Bachenheimer. No one can predict a car accident or a serious illness, he said.

“Entrepreneurs actually don’t see starting a business as risky as many people think, because they are so confident in their abilities and their idea,” said Bachenheimer. “But they would see going around without health insurance as a risk.”

Read the article by Computerworld.

E-Commerce Times: “Apple, Google Stomp Coke in Global Brand Ratings”

. . . “We may drink one or two Cokes a day, but we use our Gmail account or cellphone several times daily,” pointed out Larry Chiagouris, a professor of marketing at Pace University. “As a result, we develop a stronger relationship with our technology brands,” Chiagouris continued. “I cannot recall ever sharing a personal piece of information with Coke, but I do it with Google every day.”

 . . . “We may drink one or two Cokes a day, but we use our Gmail account or cellphone several times daily,” pointed out Larry Chiagouris, a professor of marketing at Pace University.  “As a result, we develop a stronger relationship with our technology brands,” Chiagouris continued. “I cannot recall ever sharing a personal piece of information with Coke, but I do it with Google every day.”

Read the story by E-Commerce Times.

Entrepreneur.com: “Top Campus-Based Resources for Aspiring College Entrepreneurs”

. . .”The Entrepreneurship Lab has assembled an impressive collection of technology resources, including high-performance computers, sophisticated software, a professional video studio, a surface computer, and a 3D printer; as well as a wide variety of desktop, laptop and tablet computers,” says Bruce Bachenheimer, clinical professor of management at Pace University as well as director of its entrepreneurship program.

. . . Access to valuable equipment is a major bonus of being an entrepreneur still enrolled in school. Bruce Bachenheimer, clinical professor of management at Pace University as well as director of its entrepreneurship program, explains one aspect of why his school’s program is so valuable to student startups: “The Entrepreneurship Lab has assembled an impressive collection of technology resources, including high-performance computers, sophisticated software, a professional video studio, a surface computer, and a 3D printer; as well as a wide variety of desktop, laptop and tablet computers.”

Read the article 0n Entrepreneur.com.

MetroMBA: “Direct from the Deans: Lubin’s Neil Braun and Daniel Baugher”

Read about ways in which Pace’s Lubin School sets itself apart from other business schools in the New York City metro area, the important role that experiential learning plays in the Lubin MBA, and exciting developments at Lubin in the Executive MBA space.

Read about ways in which Pace’s Lubin School sets itself apart from other business schools in the New York City metro area, the important role that experiential learning plays in the Lubin MBA, and exciting developments at Lubin in the Executive MBA space.

MetroMBA: “Direct from the Deans: Lubin’s Neil Braun and Daniel Baugher”

NY1: “Tips For Ending 401K Confusion And Maximizing Retirement Savings”

. . . “This is one of the most important financial decisions a person makes in their life, and it’s often a very painful decision, similar to a root canal, having to make a decision between different funds, and it’s often very confusing as well,” says Professor Aron Gottesman of the Lubin School of Business.

. . . “This is one of the most important financial decisions a person makes in their life, and it’s often a very painful decision, similar to a root canal, having to make a decision between different funds, and it’s often very confusing as well,” says Professor Aron Gottesman of the Lubin School of Business.

Watch the video on NY1.

Wall Street Journal: “You Have a Great Idea. Now What Do You Do?”

Bruce Bachenheimer, a clinical professor of management and director of the Entrepreneurship Lab at Pace University, is quoted in a story about great ideas for a business.

Bruce Bachenheimer, a clinical professor of management and director of the Entrepreneurship Lab at Pace University, is quoted in a story about great ideas for a business.

E-Commerce Times: “Google’s AdID Could Crush Cookies”

. . . “Ad agencies will hate this, since the objectivity that comes with some third-party tracking will no longer be available to them in some instances,” Larry Chiagouris, a professor of marketing at Pace University, told the E-Commerce Times. “They will not want to put all of their tracking eggs in Google’s basket.”

. . . “Ad agencies will hate this, since the objectivity that comes with some third-party tracking will no longer be available to them in some instances,” Larry Chiagouris, a professor of marketing at Pace University, told the E-Commerce Times. “They will not want to put all of their tracking eggs in Google’s basket.”

Read the story by E-Commerce Times.

ChiefExecutive.net: “The Unintended Consequences of SEC Proposed Pay Rule”

. . . John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business in New York City says, “The proposed SEC ruling, based on a fragile and confusing mandate from Congress, is another example of how the federal government is attempting to subordinate state corporation oversight of boards to achieve administration social goals.”

. . . John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business in New York City says, “The proposed SEC ruling, based on a fragile and confusing mandate from Congress, is another example of how the federal government is attempting to subordinate state corporation oversight of boards to achieve administration social goals.”
Read the story on ChiefExecutive.net.

U.S.News & World Report: “5 Creative Ways to Cut Airfare Costs”

. . . Andrew Coggins, a clinical professor of management at Pace University, teaches courses in subjects like tourism management, but he doesn’t stay in the classroom year-round. Every year, he goes on 30 to 70 flights, and he suggests that if you’re on a long flight, taking two different airlines is often cheaper.

. . . Andrew Coggins, a clinical professor of management at Pace University, teaches courses in subjects like tourism management, but he doesn’t stay in the classroom year-round. Every year, he goes on 30 to 70 flights, and he suggests that if you’re on a long flight, taking two different airlines is often cheaper.

For instance, if you want to go on a trip from New York City to Singapore, a ticket might cost $2,500. But you may find that to fly from New York to Hong Kong is $1,600 and then from Hong Kong to Singapore, on another flight, is only $400, Coggins says.

Read the article by U.S.News & World Report.