Fifty-five percent of the hedge funds in the U.S. are registered with the
As such, the information might dissuade legislators from passing the Hedge Fund Transparency Act that Sens. Charles Grassley (R-Iowa) and Carl Levin (D-Mich.) introduced last week, which would require all hedge funds to register with the SEC.
HFR also indicated that hedge funds lost $154 billion in assets in 2008, whereas they took in $194 billion in 2007.
Sixteen advisors argue the megabank owes them more than $270 million over false promises they were made when being recruited.
Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers.
Executives at the Zurich-based bank say $27B in net new assets for the first quarter put the firm well on its way to its wealth management goals.
An M&A deal brings a fourth office location to the ambitious firm launched in 2019 by Jason Ray and Chelsea Ransom-Cooper.
The advisory landscape is shifting as robo advisors are trending out, thanks to AI as the "next big thing" in wealth management. But that doesn't mean AI will make robo advisors obsolete.
For the third straight month, retirement advisors have lost confidence in the economy — and many blame the central bank.
