High net worth

The percentage of workers who say they are ready to retire has dropped by more than 5% in last month, a survey found.

The global pandemic has flipped the market upside down, turning the industry’s most-valued customers into risky bets.

Deposits increased by almost $30 billion in March alone, with clients shifting out of equities and into cash.

The firm sees "light at the end of the tunnel," says Silvia Ardagna, managing director in the investment strategy group within the firm's private wealth management unit.

The biggest challenge for serving ultrahigh-net-worth clients in the future will be grasping and attending to their specific needs, consultant Jamie McLaughlin says in an episode of Financial Planning’s Invest Podcast.

The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.

The rout in Asian equity markets this year has not been for the faint-hearted.

The problem was from a bug related to an external software provider.

The world’s 500 richest people have lost almost $1.3 trillion since the start of the year.