Finance

Wealthy individuals, not institutional investors, will drive money into alternative assets, data provider Preqin says in a new study.

The more important an event, the more resistant it is to a simple, single, widely-accepted explanation

The private equity-backed independent wealth management firm's liabilities have surged by 87%, but Moody's expects its leverage to fall this year.

A behind-the-scenes business, cash management services for advisory firms and affluent clients are in the spotlight following the Silicon Valley Bank and Signature Bank implosions.

Managing partner Penny Pennington received lower pay last year due to the declining business.

While depositors will be made whole under an extraordinary move by regulators, a fire sale of the entire bank and advisors fleeing to competitors create new challenges.

The ratings agency said the firm's leverage, which is poised to spike from the acquisition, will ultimately decrease this year due to profits from rising interest rates.

Despite the double-digit drop in RIA M&A volumes this year and at the firm in 2022, dealmakers say the move will boost its value and available capital.

While income saw a massive increase, platform assets were down year over year for the California TAMP.

The largest independent brokerage's four-year-old Services Group generates a level of business comparable to many midsize wealth management firms.

The eight-week fellowship aims to close the racial gap in asset management

The company that provides services to 106,000 posted financial results that were a mixed bag of big-picture wins and notable setbacks.

To aid difficult advisor-client conversations about money and love, the wealthtech firm is rolling out a new tool to help advisors become quasi "life coaches."

An expanded base of partner RIAs fueled soaring net income and rising debt for the publicly traded aggregator, which is expected to go private at $4.1 billion.

A proposed amendment to the Investment Advisers Act would require planners to vet third-party custodians before entrusting them with clients' cryptocurrency, real estate or other alternative investments.

Advisors can utilizing positive emotions, such as love, care, joy and gratitude, to guide clients toward more fulfilling financial decisions.

The venture capital pro and digital artist explains why personal experience is a powerful ally in the world of financial services.

The largest independent broker-dealer is also "on a journey" to reach more high net worth clients through new tools under development, CEO Dan Arnold said.

With another potential private equity transaction, the RIA aggregator would make the opposite of the move it made only four years ago.

CEO Ralph Hamers said in an earnings call Tuesday that despite a flat headcount over the past quarter, advisor productivity remained high as the wealth unit brought in $23 billion of net new assets.