Acquired Friend & Co. and expanded into investment banking and corporate finance. Merged with Great American Group and created a diversified monetary advisory providing, including asset appraisal and disposition services. With 20 years of business and finance journalism expertise, Ben has coated breaking market information, written on equity markets for Investopedia, and edited personal finance content material for Bankrate and LendingTree. In financial statistics and accounts, capital formation could be valued gross, i.e., before deduction of consumption of mounted capital (or “depreciation”), or net, i.e., after deduction of “depreciation” write-offs. Thirdly, gross capital formation is commonly used synonymously with gross fixed capital formation however strictly speaking this is an error as a result of gross capital formation refers to more internet asset positive aspects than just mounted capital .