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Examples
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The report (pdf) "Building a Better America -- One Wealth Quintile At A Time" by Dan Ariely of Duke University and Michael I. Norton of Harvard Business School (hat tip to Paul Kedrosky), shows that across ideological, economic and gender groups, Americans thought the richest 20 percent of our society controlled about 59 percent of the wealth, while the real number is closer to 84 percent.
Americans Vastly Underestimate Wealth Inequality, Support 'More Equal Distribution Of Wealth': Study 2010
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The eventual merger of Francais 'Quintile and Kochis' Kochis Fitz to form Aspiriant gave them much more: a foothold in both the multi-family office market, Quintile's niche, and the traditional financial planning market, Kochis Fitz's focus -- not to mention a place on our list of fastest-growing RIAs.
Aspiriant 2010
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Quintile had nearly $1 billion invested in fixed-income for its clients, whose planning needs tended more towards giving back to their communities and transferring assets to children.
Aspiriant 2010
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Quintile had clients with $50 million in liquid assets on average, for which it provided everything from bill paying to tax preparation to estate planning.
Aspiriant 2010
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Perhaps the title should be “CUMULATIVE Growth in Real Income and Earnings of Households with Children, by Quintile.”
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It said that while it welcomed the Gauteng education department's decision to make Quintile 3 schools free, parents had not been properly informed.
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After a chance meeting at a cocktail party, the Millers settled on Kochis Fitz/Quintile.
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U.S. Income Mobility Percentage change in median income from 1996 to 2005, by 1996 income Quintile, in 2005 dollars
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Middle Quintile $54,200 — effective tax rate all federal taxes13.8%
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Fourth Quintile $79,300 — effective tax rate all federal taxes17.4%
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