From accounting fraud to insider trading, there’s no denying the ongoing presence of Wall Street fraud in the modern financial world. Wall Street fraud is a practice that’s been around since Wall Street’s induction as a financial hub, and where large sums of money are found, so are people willing….
2023 IPO Watchlist for All Upcoming IPOs Keeping track of initial public offerings (IPOs) is needed for any business or investor. Having an IPO watchlist for the rest of 2023 can significantly impact financial well-being. With plenty of IPOs on the horizon, investors and companies require a comprehensive overview of….
A forensic accountant is worth engaging in a divorce, particularly in high net-worth cases. Divorce is never an easy process, but when high net-worth individuals are involved, the stakes can elevate to a whole new level, quickly becoming a legal and financial minefield. High net worth divorce proceedings often involve….
The world of finance has undergone massive changes in recent years due to the adoption of cryptocurrencies. This mainstream phenomenon has revolutionized how business owners and crypto holders navigate and manage finances. As the crypto market continues to push boundaries and evolve, investors must stay up-to-date with guidelines from the Financial….
Grasping the intricacies of the First Republic Bank bailout, in which the bank secured a $30 billion lifeline from leading American banks, is essential for both investors and customers. This guide delves into the bailout, exploring the factors that triggered the crisis, the key players involved, and the results. Continue reading to….
On March 10, 2023, the banking industry was rocked by the collapse of two major institutions: Silicon Valley Bank (SVB) and Signature Bank. SVB, once ranked as the 16th largest bank in the United States, made history as the second-largest bank to fail in the country. Its investments in….
Understanding the intricacies of business valuation is critical when buying or selling a business. Read this article to learn more. What Is a Business Valuation? A business valuation is the process of determining the economic value of a business or company. It’s typically conducted by an independent third-party professional appraiser….
Expect a busy 2023 tax filing season as the new tax laws take effect. Start preparing now for the coming changes. With an expected 168 million or more individual tax returns about to be filed this year, it’s vital to organize your information to file your tax returns correctly. Fortunately, the IRS….
Divorce. It’s a topic no one likes to talk about. But that doesn’t change the fact that it is reality for hundreds of thousands of Americans each year. In fact, the U.S. reported over 600,000 divorces in 2020 alone. When divorce is on the table, especially for high net-worth individuals,….
On November 7th, Sam Bankman-Fried had an estimated $16 billion fortune, largely invested in cryptocurrencies. By the end of the week, that fortune was gone. According to Bloomberg, it was one of “history’s greatest-ever destructions of wealth.” It occurred alongside the collapse of his crypto exchange, FTX, an event that….
Ellrich, Neal, Smith & Stohlman, P.A. was formed in 1988. Based in northern Palm Beach County, Florida, we serve clients throughout the state. The firm’s original founders are W. David Ellrich, Jr. and Becky B. Moore.
