High net worth

The Wall Street executive founded three companies, including private-equity firm Lightyear Capital.

The move underscores wealth managers’ increasing focus on the not-yet-fabulously rich to boost profitability.

The 2017 Republican tax law approximately doubled the estate and gift tax exemption.

Economic factors like changes to the tax code are behind nearly a quarter of all recent giving, according to a new survey.

“The market is actually using proxies for understanding ESG data,” says BlackRock’s global head of sustainable investing.

A quarter of wealthy investors' average assets are currently in cash, according to a new survey.

More than $37 billion flowed into tax-sheltered donor-advised funds in 2018, according to a new report.

Nearly $388 billion of the super rich's net worth has been wiped away since 2016.

The strategy mimics one the executive used to boost profit at his previous employer, cross-town rival Credit Suisse.

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.