Portfolio

New research explores the potential for generative AI to serve as a strong support system for wealth management clients.

Among the respondents who work with financial planners, about 7 out of 10 said they have high hopes for 2023. For those without planners, the figure fell to 42%.

Plus, eMoney gets a new cash management option, Docupace gets a new CFO and the former Skience president starts a new fintech firm.

An AARP study found that the losses amount to tens of billions of dollars each year, with the vast majority going unreported to authorities or the industry.

Wealth management's broken career pipeline needs urgent attention as a succession cliff looms, a new Cerulli report says.

Deciding your own salary may sound exciting. But when getting a business off the ground, the pay question can be a delicate balancing act.

The panel's recommendation would also seek comments on the possibility of outsourcing some review functions to third-party firms.

Called "Ester," new AI and machine learning can automate tedious tasks traditionally handled by financial analysts and in-house paralegals.

The Ameriflex Group has been adding advisors and assets without using the kind of M&A deals that often fuel expansion in the industry.

The world's largest money manager began rolling out the BlackRock Private Credit Fund this month, targeting mom-and-pop investors while vowing to keep "an eye on risk."