High net worth

The U.S. minted more than than half the world’s new millionaires last year as investments in equities and tech stocks propelled assets higher.

Since 2011, when Occupy Wall Street protesters rallied under the slogan “We are the 99%,” the income threshold for the top 1% is up an inflation-adjusted 33%.

A decade into her role, Mary Callahan Erdoes continues to deliver strong results.

The solo practitioner is becoming an endangered species as firms concentrate on tailoring tech for mega teams.

“As we’ve gone through various crises, we’ve still told clients to stay invested and not get out of U.S. equities, it’s too early,” said Sharmin Mossavar-Rahmani, CIO for Goldman’s Private Wealth Management.

Tiedemann Advisors is expanding outside the U.S. for the first time to better serve the cross-border needs of its high-net-worth clients.

The RIA founded by former Barclays advisors caters to ultrawealthy clients.

Plus, the average employee contribution rate reached 8.8% in the second quarter, up a full percentage point from a decade ago.

In some ways, their investments are a microcosm of trends sweeping the wider market.

Successful firms reveal how they appeal to wealthy prospects — and elite advisors.

Michelle Rudd opened a new office for Summit Trail Advisors, a $5 billion independent firm.

Clients “want to participate, they want to co-create,” In|Vest conference attendees are told.

Hyperpersonalization delivered via improved technology is critical for client relations, a new report says.

Even as the wirehouse has cut back on recruitment, the hire of two new industry veterans show it’s still looking for top teams.

Clients won't be taxed as the result of a deal if they hold the shares in ETFs or index mutual funds.

The network connects advisors with clients whose financial needs have been overlooked, says the firm's CEO.

Despite changes in the new law aimed at scrapping a penalty for most new couples, those from high-income households may owe more this year.

Under new rules, small business owners can offer their workers tax-free dollars to buy health coverage.

They have begun eyeing clients with $1 million and less.

It increased at the slowest pace in five years, according to a new report.