Though world gross domestic product shrank in 2009, high-net-worth individuals managed to almost make up for 2008 losses, according to the
The number of high-net-worth individuals around the world returned to the 10 million mark in 2009 and their wealth soared 18.9%, to $39 trillion.
Emerging markets drove the gains. "The rebound has been, and will continue to be, driven by emerging markets," said Bertrand Lavayssiere, managing director of global financial services at Capgemini.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
Turns out clients are as mistaken about tax preparers as they are about taxes.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
