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Gen Z is 65% less likely than Boomers to turn to financial professionals first for advice

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New Policygenius survey shows stark differences in where Americans turn when they need money advice

NEW YORK, June 18, 2024 /PRNewswire/ — Americans have plenty of choices when it comes to where they get financial advice, from websites and social media influencers to professional experts like CFPs, CFAs, and CPAs.

New data released today shows that more than a quarter (26%) of Americans would turn to financial professionals first, but that’s not the first source for younger generations. Adult members of Generation Z are 65% less likely to turn to a financial professional first with a question about their finances compared to baby boomers. Plus, Gen Z are nine times more likely than boomers to turn to social media first.

The 2024 Policygenius Financial Planning Survey also found that:

39% of baby boomers (age 59 to 77 at the time of the survey) would turn to a financial professional first when they have a question about their finances, compared to just 14% of Gen Z (age 18 to 26).Americans who would turn to financial professionals first with money questions are 86% more likely to own real estate than those who would turn to other sources of financial advice (or who don’t know where they would turn). Even Americans earning less than $40,000 a year who would use financial professionals are 61% more likely to own real estate.22% of Americans would ask friends, siblings, peers, parents, or older relatives first when they have a question about their finances.Of the 5% of Americans who would turn to social media first with questions about their finances, 47% are millennials.Americans who would turn to financial professionals first are more likely to view life insurance mainly as a way to provide for dependents in the event of their death (87% vs. 73% of those who would turn elsewhere or don’t know) and less likely to view it as mainly an investment (8% vs. 17%).

“These findings highlight a stark divide between where each generation gets their financial advice. Some financial advisors can come with costs, but getting unbiased financial guidance from a trusted expert can be invaluable in helping you understand your finances, including complicated products like life insurance, and reach your goals,” Patrick Hanzel, certified financial planner at Policygenius, said. “If you prefer to start with a method like social media, make sure you vet your sources to be mindful of any biases or scams.”

Policygenius commissioned YouGov to poll 4,063 Americans 18 or older. The survey was carried out online from Oct. 16 through Oct. 19, 2023. The results have been weighted to be representative of all U.S. adults. The average margin of error was +/- 2%.

About Policygenius
Policygenius, a Zinnia company, is a one-stop insurance platform that makes it easy to compare and buy policies, get unbiased expert advice, and manage an insurance portfolio in one seamless digital experience. Alongside the intuitive enterprise technology solutions and insights offered by parent company Zinnia, an Eldridge business, Policygenius is helping create better end-to-end insurance experiences for shoppers, advisors, and insurers alike — and enabling more people to protect their financial futures along the way.

For more information:
Brooke Niemeyer
Director of Media Relations
brooke.niemeyer@policygenius.com

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SOURCE Policygenius

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Think Together Welcomes Cobán López as Area Vice President

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Think Together appoints another key leader as it expands services and impact across California.

SANTA ANA, Calif., April 24, 2025 /PRNewswire/ — Think Together, California’s leading nonprofit provider of expanded learning, afterschool programs, staffing, and school improvement services, is pleased to announce the appointment of Cobán López as Area Vice President. In this role, López will oversee Think Together’s direct student programs, working to expand educational access for students from Santa Barbara County to Sacramento County and beyond.

As Area Vice President, López will be instrumental in advancing Think Together’s five-year strategic plan, which aims to double its footprint and increase the reach of expanded learning programs across California while scaling its impact. His leadership will focus on cultivating strategic partnerships, enhancing staff development and retention, and collaborating with school districts and community leaders to address educational disparities and make a lasting positive change on entire communities.

“We are thrilled to welcome Cobán López to Think Together,” said Randy Barth, Founder and CEO of Think Together. “His commitment to education and strong track record in program innovation make him a natural fit for this next phase of growth. Together, we’re building the systems and partnerships needed to scale our impact and ensure that more students have access to the support they need to succeed in school and beyond.”

López brings more than 20 years of experience in youth development and education leadership to Think Together. His deep-rooted passion for student enrichment stems from his own experiences, having benefited from dedicated mentors, teachers, and after-school programs throughout his academic journey.

Prior to joining Think Together, López served as the Director of Programs for the 49ers Foundation, leading its S.T.E.A.M. Education and Health and Wellness programs, which reached over 20,000 students annually across 14 Northern California counties. His previous leadership roles also include seven years at Cristo Rey San José Jesuit High School, where he played a key role in enrollment, community relations, athletics, and school business operations.

“My personal and professional connection to youth development has guided much of my career, and Think Together’s vision of ensuring all kids get a great education aligns closely with my own vision for improving access to quality education,” said López. “This role presents an exciting opportunity to build on Think Together’s success and develop programs that provide students with the resources and mentorship they need to reach their full potential.”

Raised in the Bay Area, López attended Redwood City public schools and St. Francis High School in Mountain View before earning a bachelor’s degree in public service and social change from San José State University and a Master of Business Administration from Notre Dame de Namur University.

For more information about Think Together and its expanded learning programs, visit thinktogether.org.

About Think Together
For over 25 years Think Together has partnered with schools and communities to pursue educational opportunity and excellence for all kids. As a nonprofit organization, Think Together innovates, implements, and scales academic solutions that change the odds for hundreds of thousands of California students each year. Think Together’s program areas include early learning, afterschool programs, staffing, and leadership development for teachers and school administrators. For more information, call (888) 485-THINK or visit www.thinktogether.org

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SOURCE Think Together

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Upstream M&A sails to $17 billion in 1Q25

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But OPEC and tariff storm kick up rough seas for deals,
activity expected to sink

CALGARY, AB, April 24, 2025 /PRNewswire/ — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus’ release of Investor Analytics, a new cutting-edge solution designed to offer investors a comprehensive view of key market dynamics.

Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy. Buyers were already feeling the pressure of limited acquisition opportunities and high asking prices for undeveloped drilling inventory.

“Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. High asset prices and limited opportunities are colliding with weakening crude,” said Andrew Dittmar, principal analyst at EIR. “Potential sellers are acutely aware of the scarcity of high-quality shale inventory, creating a reluctance to unload their assets at a discount. Buyers on the other hand were already stretched by M&A valuations and can’t afford to continue to pay recent prices now that oil prices are lower.”

Prior to OPEC and tariffs creating waves in oil markets, pricing for quality shale inventory was a perpetually rising tide. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

A potential bright spot for M&A is natural gas with significant interest in adding assets with access to Gulf Coast markets from multiple buyer groups, including international buyers and private capital. While near-term gas prices are also being challenged in the broad market selloff, future prices still look strong with a secular shift in demand from liquified natural gas export facilities and secondary demand from datacenters

Using Enverus newest AI tool, Investor Analytics, to summarize comments about M&A markets from management teams in recent earnings calls reveals companies were already concerned about the asking prices for deals and available opportunities.

“Volatility and lower prices make deals tough right now but will create opportunities for nimble buyers with a longer-term outlook,” said Dittmar.

View Enverus’ Top 5 deals and full announcement including extended commentary

About Enverus Intelligence Research
Enverus Intelligence ® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.

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SOURCE Enverus

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TIER IV and CMU partner to pioneer “Level 4+” autonomy through Safety21: Advancing beyond the limits of embodied AI

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TOKYO, April 24, 2025 /PRNewswire/ — TIER IV, the pioneering force behind the world’s first open-source software for autonomous driving, is proud to announce a strategic collaboration with Carnegie Mellon University (CMU), widely regarded as a birthplace of autonomous vehicles in 1984, to realize the new Level 4+ autonomy concept. Together, they aim to advance scalability, explainability, and safety through a hybrid architecture that combines data-centric AI approaches with the best practices in robotics, while also unlocking the potential of embodied AI to improve transparency and traceability in decision-making.

This collaboration is further strengthened through Safety21, the US Department of Transportation’s National University Transportation Center for Safety, led by CMU Professor Raj Rajkumar. TIER IV has joined Safety21’s Advisory Council, promoting the value of open-source software through Autoware*, which serves as the foundation for state-of-the-art research and development that addresses the trade-offs between safety and user experience in autonomous driving systems.

Background

Traditional Level 4 autonomy has been built on robotics methods such as probabilistic estimation and machine learning, relying on hand-crafted behavioral rules, predefined high-definition maps, and localized data sets to coordinate core functions such as sensing, localization, perception, planning, and control. Autoware originated from this architecture and has been successfully deployed in autonomous driving systems around the world.

The new Level 4+ autonomy concept, advocated through this collaboration, represents an intermediate step between SAE J3016 Level 4 and Level 5. It remains within the Level 4 classification in terms of human roles, but incorporates key aspects of Level 5 system features. As a result, the vehicle can operate under virtually all conditions by flexibly expanding its operational design domains (ODDs) to cover previously unencountered scenarios.

The Level 4+ system features do not require the human to take over dynamic driving tasks (DDT). However, they may leverage additional information provided from outside the system, as part of strategic functions, to dynamically respond to environmental changes within the target operational domain (TOD). Meanwhile, the system continues to control tactical and operational functions. In this framework, the system retains full responsibility for safety assurance, even when external strategic input influences its behavior. For example, a human may provide guidance that adjusts waypoint planning at runtime to help the system align its behavior with both the defined ODD and the TOD.

Emerging end-to-end AI models, a key variant of data-centric AI approaches, are promising for realizing Level 4+ autonomy, particularly when integrated with rule-based systems and human-in-the-loop strategies. However, they also present critical challenges, including high data requirements, limited explainability in decision-making, and difficulties in establishing robust safety assurance. Because it is often unclear how such models generalize learned behaviors or what influences their outputs, ensuring trustworthy real-world deployment remains a key hurdle.

Strategic collaboration scope

To realize Level 4+ autonomy, TIER IV and CMU will jointly develop next-generation Autoware-based autonomous driving systems, with a particular focus on advancing  scalability, explainability, and safety through a hybrid architecture that combines data-centric AI approaches, including refined end-to-end AI models, with the best practices in robotics.

The project will center on modularizing end-to-end AI models to coexist with state-of-the-art robotics methods and safety enforcement mechanisms. Key challenges include incorporating intermediate representations that expose internal reasoning processes, as well as establishing contextual awareness features that allow the system to transition into minimum risk maneuver (MRM) mode when faced with unexpected circumstances. As a whole, this hybrid architecture is designed to support more transparent and traceable embodied AI decision-making, while addressing practical deployment concerns such as system accountability, safety assessment, and regulatory compliance.

The collaboration is structured as a three-year initiative. In the first year, TIER IV and CMU will develop a reference vehicle powered by Autoware, with early deployments planned in both Tokyo and Pittsburgh. This vehicle will also serve as a platform for real-world data collection, closed-loop verification and validation, and on-road experimentation. Insights from this phase will be reflected back into Autoware and the broader open-source software community, accelerating innovation at CMU and across the global research and developer ecosystem

In the second and third years, the focus will shift toward developing a comprehensive safety enforcement mechanism for the hybrid architecture. This mechanism will support the safety assessment processes required for vehicle certification and public road approval, and will underpin scalability, explainability, and safety necessary for trustworthy real-world deployment of Autoware-based autonomous driving systems.

“This collaboration marks a major milestone in uniting the strengths of AI and robotics to build autonomous driving systems that are safer, more scalable, and more explainable,” said Shinpei Kato, founder and CEO of TIER IV. “Partnering with CMU enables us to further advance Autoware’s capabilities and deepen our contribution to the open-source software community, driving the future of mobility through collective innovation.”

“The integration of modular end-to-end AI models with traditional Level 4 systems represents a powerful advancement for the new Level 4+ autonomy concept,” said Raj Rajkumar, George Westinghouse Professor in the Department of Electrical and Computer Engineering at Carnegie Mellon University. “This collaboration offers a unique opportunity to deepen our understanding of AI in autonomous driving systems, ultimately enabling safer, more scalable, and more effective deployments.”

*Autoware is a registered trademark of the Autoware Foundation.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving. Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

About Carnegie Mellon University

Carnegie Mellon University, based in Pittsburgh, Pennsylvania, USA, is a private, global research university and stands among the world’s most renowned educational institutions. It is considered to be a global leader in computer science, artificial intelligence, machine learning, robotics and drama, among other fields. The Tartan Racing team from Carnegie Mellon won the 2007 DARPA Urban Challenge that triggered the creation of today’s global autonomous vehicle industry.

About Safety21

Funded by the U.S. Department of Transportation as the National University Transportation Center for Safety and led by Carnegie Mellon University, a birthplace of automated vehicles, Safety21 actively seeks to enable and accelerate a safer, more efficient transportation network. By leveraging new technologies and revolutionary trends in transportation, Safety21 aims to research, develop and deploy cutting-edge technologies and policies, and develop workforce and educational programs that directly address the challenges of integrating autonomous, connected, electric and shared vehicles with a transformative focus on safety, innovation, and economic growth.

About Professor Raj Rajkumar

Raj Rajkumar is the George Westinghouse Professor in the Department of Electrical and Computer Engineering at Carnegie Mellon University where he directs the US DOT Safety21 National University Transportation Center and its Metro21 Smart Cities Institute.  He is considered to be a pioneer of connected and autonomous vehicle technologies.

Media Contact
pr@tier4.jp

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SOURCE Tier IV, Inc.

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