Private equity

Research firm Cerulli reports that investing in private equity, real estate and other alternatives was up 23% in 2022.

In a transaction highlighting complex dealmaking at the start of 2023, Parallel Advisors acquired a firm then added a capital partner.

From the rise of direct indexing and private equity, to the reinvention of brokers, these were the stories that made the covers out Financial Planning over the last year.

Government watchdogs propose more oversight amid collapse of crypto and falling markets.

The Mills family, which recently sold its stake in Medline Industries, has created Council Ring Capital to manage its fortune.

Choreo's agreement to buy the wealth management arm of a major accounting firm reflects how CPAs and other tax pros have emerged as a key focus area.

Will Wilson brings significant experience to Galway Holdings, including being a former NFL agent and executive familiar with the financial side of sports.

Founder Toussaint Bailey seeks to deploy "a direct indexing experience in the private markets" toward areas such as education, small businesses and sustainability.

The latest move by Democrats to curb the tax benefits for partnership profits interests signals how wealth inequality has become mainstream party ideology.

The ultrawealthy are throwing money into private equity funds as some institutional investors approach their allocation limits.

The private equity-backed firm and other giants of the industry are deploying their capital across new and existing lines of business.

The wealth managers respectively recapitalized as the spigots of capital keep expanding in the industry, even amid signs for concern in the larger economy.

Higher fees, illiquidity and lack of transparency raise questions about suitability.

The fund would potentially offer multimillionaires exposure to a swath of assets unavailable on public markets.

From ultrarich to moderately wealthy, investors looking for outsized gains are being told to buy into the professional funds. There are risks.

The 2022 outlook looks to be much the same.

As private equity muscles into wealth management's fastest growing niche, it's injecting Wall Street business practices into financial planning.

Another big name in private equity is betting on an independent wealth manager and buying out a minority investor that fueled the RIA consolidator’s expansion.

The SEC head has already promised to take a closer look at crypto, online brokers and green investment funds. Now he is taking aim at the world of private capital.

Aaron Klein will remain CEO and previous investors like FTV Capital will exit in the recapitalization deal.