There’s an old joke from the TV series “Friends”: Ross complains about how he’s torn between two women, so Chandler replies, “This must be so hard. Oh no, two women love me. They’re both gorgeous and sexy. My wallet’s too small for my fifties and my diamond shoes are too tight!” That’s the typical reaction when people hear about wealth psychology…

After a decade at the helm of Sacramento State’s College of Business Administration, Sanjay Varshney in late August accepted a position as a vice president and wealth advisor at Wells Fargo Bank—Wealth Management  Group. Varshney is a professor of finance at Sac State. He is also the  chief economist for the Sacramento Business Review, making him one of the region’s preeminent voices on economics, business and higher education.

The dramatic transfer of accumulated wealth from the baby boomer generation and regional employment gains could serve as a catalyst for individuals to engage with wealth management experts. Here are some of the most common questions (and answers) about wealth management:

California has long been known as the land of opportunity, but for too many residents, opportunity is receding. Inequality continues to rise even though California has one of the most progressive tax structures in the nation. Something more is needed.

Senate Bill 8 — the Upward Mobility Act — is one piece of legislation that has reared its ugly head and poses a real threat to small-business owners in California.

Fun facts about where your money, and everyone else’s, is going. 

Clients borrow money from banks for a variety of reasons, one of which is to increase the tax efficiency of a particular transaction. And with increased federal and state tax rates, tax efficiency is an appealing concept to almost everyone.

Relocating for a job is a tough decision. You’ll need to leave behind your friends, your professional network and the local dry cleaner who never judges your red wine stains. If you have a spouse and/or children, you’ll throw their lives into upheaval as well. So what would it take to pull you away from the Capital Region?

Tucked away in the Sierra foothills, just north of Nevada City, is the Ananda World Brotherhood Colony. And while many spiritual communities like Ananda often fail after a few years, this one has managed to last for nearly 50 — partly because the advent of online commerce has made it easier for people in rural areas to support themselves.

The narrative of Andrew Susac’s 2014 season did more than just further his promising baseball career. The Roseville native’s sudden ascent in late July from minor leaguer to eventual World Series champion opened up a breadth of new financial opportunities, too.