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Young Wealth Builders

Young adults are taking care of business when it comes to personal finance. Despite reports about their financial illiteracy and indifference, some have learned from the financial meltdown of 2008 that a secure financial foundation is essential. A 2011 survey by a division of JPMorgan Chase and U.S. News &World Report shows that young adults (age 18–34) are concerned about responsible money management and want to pay down debt, spend less, save more, and create a budget. Of the 1,000 young adults surveyed, 54% said they wanted to save money.

In Search of Small Wonders

Kempton Ingersol’s job is considerably more fun than the average portfolio manager. Ingersol, who is the managing director and senior portfolio manager at Brown Capital Management (No. 13 on the be asset managers list with $1.2 billion in assets), is charged with identifying investment-worthy small-cap companies whose innovative technologies or groundbreaking business models show big promise. Small-cap firms are those whose outstanding shares are valued between $250 million and $1 billion.

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