Portfolio

What do younger clients want from wealth managers? Katy Knox, president of Bank of America's Private Bank, sits down with American Banker Editor-in-Chief Chana Schoenberger to discuss the future of high-net-worth investing and what clients are looking for now.

The retirement-focused wealthtech formerly known as FeeX has more than quadrupled its revenue since its last fundraise announced in February 2022.

A new study from Envestnet and The Center for Generational Kinetics looks at the divergent mindsets, concerns and preferences of high earners across generations.

The restructuring is further evidence of the megabank's commitment to adding to its stable of branch-based advisors.

More working Americans have a health savings account, but many are not using them to their fullest potential.

Some think lending to businesses outside the banking system can reap outsize rewards for advisors who are willing to do their homework.

Bond values are plummeting right now. But in the longer run, these 20 funds show why it pays to invest in fixed income.

Higher earnings potential but short careers for top-class athletes continue to warrant special attention from planners.

Preparation, acceptance and a generous dose of patience will be required to help investors weather a forecast that includes prolonged high-interest rates.

Two experienced chief investment officers break down the reasons clients are keeping their cash out of the conversation, and why advisors should work to crack the code.