Practice

Nationwide found that women struggle to understand what to do with their savings once they hit retirement.

They can be a more tax-effective way to save for retirement than an IRA for those who are able to max out contributions and pay for medical expenses with other funds.

The broker-dealer watchdog is putting the industry on notice about the latest scheme attempting to extract client information.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

More than 60% of wealth managers know AI as ChatGPT, but hallucinations with big language applications have blocked them from using AI in finance predictions, a survey shows.

Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation, which includes both child and business tax breaks, lawmakers and aides have said. 

The "magic number" Americans think they'll need for a comfortable retirement went way up this year — but their actual savings went down.

Having hit most of the big Wall Street firms with hefty fines for misusing WhatsApp and similar services, regulators are now turning their attention to independent advisors.

The giant insurer fired three financial advisors based on false claims about their specialty insurance consulting business, according to their attorney.

A new, free leaderboard created and continuously updated by the Kensho team at S&P Global gives people in the financial industry a sense of which generative AI models work best for specific use cases.