Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he worked as a copy editor and reporter for China Daily. He then returned to New York, where he earned his master's degree from the CUNY Graduate School of Journalism. Since then he's worked as a reporter for the New York Daily News and The Independent, as well as a video producer for the Daily Mail, the Daily Beast and Men's Journal.
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A reader in D.C. owes $12,000 across seven different credit cards. Can financial advisors help him dig himself out?
By Nathan PlaceFebruary 16 -
Small doesn't mean unprofitable. From 2014 to 2024, funds invested in small-cap companies boasted returns as high as 13.96% per year.
By Nathan PlaceFebruary 15 -
The year-on-year change in the consumer price index, a key measure of inflation, declined last month. So why did stocks nose-dive?
By Nathan PlaceFebruary 14 -
From not saving enough for retirement to racking up too much credit card debt, here's what Americans wish they hadn't done with their money last year.
By Nathan PlaceFebruary 14 -
White Americans still have twice as much retirement wealth as savers of color, research shows. Here's what experts recommend to shrink the gap.
By Nathan PlaceFebruary 9 -
Downsizing in retirement is common. What's less common is building the new home yourself. Can a senior in California pull it off?
By Nathan PlaceFebruary 8 - Retirement advisors' confidence in the economy has grown for four straight months — and hit a new record in February.Sponsored by ADP
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Interest rates aren't budging — for now. Where does that leave the economy on its long, slow path to a hoped-for soft landing? JPMorgan, Goldman Sachs and others weigh in.
By Nathan PlaceFebruary 1 -
Total annuity sales easily eclipsed 2022 — which had set an all-time record.
By Nathan PlaceJanuary 31 -
The success of tech stocks in 2023 was largely driven by seven "magnificent" companies. Will 2024 be different?
By Nathan PlaceJanuary 30 -
Tech stocks dominated last year's top-performing funds, but bitcoin made an appearance as well.
By Nathan PlaceJanuary 29 -
The St. Louis-based firm's earnings fell by 8.4% in last year's fourth quarter. But its wealth management business could not be stifled.
By Nathan PlaceJanuary 24 -
After the SEC's decision, Americans can finally invest in a fund whose underlying asset is bitcoin. But should they?
By Nathan PlaceJanuary 18 -
The firm's net income, client assets and advisor headcount all grew last year, according to a new SEC filing. But experts see trouble under the surface.
By Nathan PlaceJanuary 17 -
As a whole, the megabank saw its net income rise by 9% in 2023's final quarter. But its wealth management unit was another story.
By Nathan PlaceJanuary 12 -
There's no better example of investing in the future than an emerging markets fund. Here are the ones with the best returns.
By Nathan PlaceJanuary 11 -
As the Fed promises to cut rates, investors are eagerly awaiting a drop in bond yields — and a big jump in prices.
By Nathan PlaceJanuary 10 - As the new year gets underway, wealth managers are feeling unusually optimistic about the U.S. economy — and many say it's thanks to the central bank.Sponsored by ADP
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When it comes to artificial intelligence, wealth managers are all in. How will they use it in 2024?
By Nathan PlaceJanuary 8 -
We asked hundreds of wealth managers what they expect for their industry in the year ahead. Here's what they told us.
By Nathan PlaceJanuary 5


















