Due to China’s entry into the
Although the government has slowed its approval of new mutual funds to cool down the market, fund management companies in China continue to plan to expand.
A new McKinsey report on the future of wealth management identifies a disturbing trend: Younger investors are losing trust in advisors.
None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.
UBS Americas reported $14 billion in net new asset outflows in Q4, marking its worst period since the firm announced major compensation changes in November 2024.
As AI agents move from theory to reality, some advisors are implementing these tools into their technology stacks, but not without human oversight.
At a hearing Tuesday, executives at the Swiss banking giant faced tough questions from both Republicans and Democrats. The lawmakers are unhappy with the bank's recent decision to withhold certain documents from a lawyer who's overseeing research regarding Nazi accounts.
Raymond James tapped industry veteran Mark Buchanan to lead a new ESOP advisory group focused on tax-advantaged succession strategies.
