High net worth

The ultrawealthy are throwing money into private equity funds as some institutional investors approach their allocation limits.

The legal agreements surface broad issues about saving and spending that are key to long-term financial health.

Older, wealthier customers are eager for more digital interactions, according to a study, and are increasingly ready to switch firms to obtain these and other services.

Ending tax-free wealth transfers through the longstanding step-up in basis loophole is among the proposals.

Citigroup, whose U.S. wealth management business oversees about $181 billion in client assets, created a new business to sell products through independent advisors as CEO Jane Fraser maps a path to managing more money for wealthy individuals.

After months of talk of steep tax increases on the wealthy, a kinder reality has emerged for well-off clients.

Democrats, unable to gain traction on taxes that affect only the ultra wealthy, have turned to trusts as little as $200k.

Advisors share a tax trick that allows professionals to build seven-figure retirement plans.

The ultra-rich have direct access to asset classes, including private markets and Bitcoin, that other investors, including mass affluent ones, don't.

While I bonds can be a worthwhile investment, they're not as useful for high-net-worth investors close to or in retirement, writes Alexis Leondis.

Individuals have already started receiving requests for information, according to tax attorneys.

Biden’s approach might be politically astute, but from a fiscal-design point of view, it’s partially self-defeating, Bloomberg’s Clive Crook writes.

Bizarrely, the administration’s plan targets two loopholes that pass-throughs often use to lower their tax bills, says Bloomberg's Alexis Leondis.

The administration's proposal for the capital-gains tax rate is in part a throwback to the Reagan years, an expert says.

The new rate, up from the current 37%, would encompass less than 1% of taxpayers, a White House official said.

The administration’s American Families Plan includes a bump in the top tax rate to 39.6%, but doesn’t specify thresholds for different types of filers.

The actively managed offering will be available as soon as this summer, according to sources familiar with the plans.

If passed, the package would end the step-up in basis provision, which will mean significantly larger tax bills for wealthy estates.

Bailard appointed Sonya Thadhani Mughal under a succession plan and a series of moves unveiled by the wealth and fund company.

The Samsung dynasty’s art collection, including classic paintings by Picasso and Monet, is estimated to be worth between $2.2 billion and $2.7 billion.